Description: Facilitators lead a discussion of recent experiences and current issues regarding the valuation of medical and dental insurance and managed care products. Includes a discussion of deficiency reserves, HMO reserving, liquidity tests, cashflow testing and codification of regulations. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 132

Description: This session is about appraisals of blocks of health business: issues to consider, building a model, setting assumptions and ASB requirements. From Record of Society of Actuaries Vol. 19, No. 1A.

Description: This session from the 1992 Valuation Actuary Symposium covers recoverability and loss recognition including using cash flow testing to determine loss recognition or recoverability, actuarial standard of practice 14, and valuation work by line of business or issue-year groups.

Description: Panelists address topics such as techniques for testing data quality, the actuary’s responsibility for verifying the reasonableness of data, and considerations in modifying data sources for specific situations. Included is a discussion of ASOP No. 23. From the Record of the Society of Actuaries, Volume 27, No. 1, Session 96

Description: This presentation at the 1989 Valuation Actuary Symposium discusses the background and status of the trial compliance questionnaire, which will require the valuation actuary to demonstrate compliance with standards of practice.

Description: 1993 SOA Spring Meeting, Boston. This session is about actuarial standards for product actuaries and Actuarial Standards Board guidelines review. Topics included: 1. ASP 12 on risk classification. 2. ASP 15 on Dividend determination and illustrations for participating life Insurance and annuities. 3. Determination and redetermination of nonguaranteed elements. 4. When to do cash-flow testing. 5. ASP 7 on performing cash-flow testing.

Description: 1992 SOA Annual Meeting, Washington, D.C. This session on cash-flow testing for product actuaries covered the following topics: 1. Guidance notes designed to help in writing up reports on cash-flow testing. 2. Investment strategies in product design. 3. Surplus requirements.