Description: 1993 SOA Meeting, Quebec. This session is about capital management. Topics included: 1. Capital allocation. 2. Capital rationing. 3. Financial or product-line management issues.

Description: 1993 SOA Annual Meeting, New York. This session is about product design and pricing of products with bonus features. Topics included: 1. The need for maximum long-term benefits. 2. Designs that maximize long-term benefits. 3. Reasons we should focus on benefits and not cash values. 4. Principles of equity behind bonus features. 5. A practical method to define equity. 6. A summary of current regulatory activity. 7. The definition of equity. 8. The need for cash values. 9. Reasons for considering maximum limits on non-guaranteed elements. 10. Disclosure of non-guaranteed elements. 11. Reserving practices.

Description: Panelists discussed the implications of the growing trend in Canada toward demutualization of mutual companies into stock companies. Topics covered include: 1. The Canadian demutualization process and some interesting differences between companies and across borders. 2. How is eligibility determined? 3. What process is being used to determine allocation of shareholder value? 4. What mechanisms are in place to protect policyholders' reasonable expectations? 5. What internal and financial structural changes are driven by demutualization? 6. How financial markets assess stock value for companies operating internationally.

Description: 1994 SOA Spring Meeting, San Francisco. This session focused on different uses of reinsurance. Topics included: • Cost of capital versus debt, in the form of surplus notes. • Reinsurance and the joint venture. • Structuring reinsurance for the audience of the 1990s, including rating agencies and regulators.

Description: 1993 SOA Meeting, Quebec. This session discussion is about the dilemma for mutual companies including the search for capital, M&A considerations, and the demutualization alternative. Topics included: 1 Large mutual companies and their issues. 2. Small mutual companies and their issues. 3. The regulatory, legal, and tax aspects.

Description: 1992 SOA Annual Meeting, Washington, D.C. The stated purpose of this session was to discuss specifically how a company can manage and improve its financial performance as measured by the statutory financial statement. Eleven strategies to improve performance were addressed.

Description: This session discusses offering disability insurance over the internet with respect to product design, marketing opportunities and technology issues. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 25

Description: This session discussion was a primer on hybird pension plans, in particular cash balance plans and age weighted profit sharing plans. Included nondiscrimination issues, IRS issues and communication about the plans to participants.

Description: 1994 SOA Spring Meeting, San Francisco. In this session the panelists led the audience through case studies that required the development of various difficult assumptions where experience is limited. The panel discussed the key issues and how they would go about developing each assumption.

Description: 1994 SOA Meeting, San Antonio. This pension seminar program discussed the various types of executive compensation plans with special emphasis on nonqualified deferred compensation plans and the associated accounting and actuarial issues. The primary discussion covered the different ways to try to secure these benefits without creating taxation.