Description: This is a book review of The Variable Annuity, which the author recommends for a history and current status of this market. The book comments on the effect of variable annuities on stock prices.

Description: This discussion at the SOA 1968 Philadelphia and Los Angeles Regional Meetings compares variable annuitis and mutual funds from a company and customer standpoint. Other opportunities for selling equity based products as well as the Canadian experience are explored.

Description: Variable Annuity DAC: A Survey of Current Practice by Laura J. Hay and Elizabeth Rogalin from The Financial Reporter, December 2002, Issue No. 51. Examines the DAC calculation for Variable Annuities and the possible write down of DAC under revised assumptions.

Description: This is a report on the PBITT Working Group's fourth survey to gather the assumptions actuaries use in pricing, reserving, and risk management of minimum guarantees on Variable Annuity products, such as death benefits, income benefits, withdrawal benefits and maturity benefits.

Description: This session from the 2003 SOA Orlando Meeting discusses the new risk-based capital RBC requirements for variable annuities with guranteed benefits such as guaranteed minimum death benefits - GMDBs and guaranteed minimum income benefits - GMIBs. From the Society of Actuaries Record, Volume 29, No. 3.

Description: In session 118 TS of the Washington Annual Meeting panelists discuss the growth in variable annuities and the increased insurance industry exposure to mortality risk associated with GMDB. The focus of this session is on current practices in the areas of reserving for GMDB and modeling the GMDB risk. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: This session at the SOA 1998 Maui I Spring Meeting focuses on the variable annuity market including product guarantees, unbundling, cost averaging subaccounts, asset based compensation, and variable annuitization.

Description: 1999 SOA Annual Meeting, San Francisco. The panelists provided a brief description of the guaranteed benefits offered on Variable Annuities in both the U.S. and Canada, followed by an in-depth comparison of current issues, including risk assessment, reserving, and cash-flow testing.

Description: 1994 SOA Meeting, San Francisco. This interactive presentation on variable products addressed life and annuity product design, pricing, distribution, and reserving issues.

Description: Presented at May 2002 Spring Meeting. This session provides an overview of the various methods used to manage the risks from guarantees of equity-based life and annuity products. Discussion includes the use of reinsurance, self-insurance and static/dynamic hedging.