Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 In this session, panelists discussed how they have leveraged cash-flow testing to: • Influence investment decisions • Analyze risks • Expand Cash flow testing models to meet management requirements • Provide relevant information to regulators and rating agencies Panelists discussed the enhancements required to meet these needs and provide guidance on communication of results to a nontechnical audience.

Description: Vendor representatives discuss their ALM systems, what they do and don't do, and the advantages and disadvantages of each. Also includes a comparative survey of the capabilities of a number of the existing systems. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: This presentation from the 1983 SOA Vancouver Meeting covers the actuaries' role in matching assets and liabilities, hedging, disintermediation risk and determining the appropriate level of surplus, the future of products with market value cash out adjustments and indexation in the construction of long term debt instruments. From Record of Society Of Actuaries Vol. 9. No. 3

Description: The Investment Symposium is a day-and-a-half long seminar that will focus on the issues and questions faced by investors and risk managers, especially related to insurance companies and retirement plans. Presenters will discuss the big picture issues and explore practical solutions to today’s challenges. Experts will share new approaches to portfolio management and cutting edge research in asset-liability management. Technology, regulation and the economic environment will

Description: 1992 SOA Annual Meeting, Washington, D.C. This session discussion was about the performance measurement in a risk/return context, incentive compensation as a tool for achieving effective performance, and return attribution using liability-based performance indices.

Description: This presentation made up Sessions 1 and 2 at the 1987 Valuation Actuary Symposium. The presenters discuss cash flow analysis in light of the valuation actuary concept. Asset and liability cash flows are looked at under different economic scenarios. Future interest rates, investment and reinvestment strategy are included in the discussion of scenario generation. Stochastic scenarios and the number of scenarios are discussed.

Description: This presentation is a panel discussion, session number 9PD, from the 2000 Valuation Actuary Symposium, held September 14-15 in Washington, DC. A fundamental assumption in stochastic asset/liability modeling is the underlying economic scenario generator. In this session the panelists discuss various scenario generation techniques, assumptions underlying bond and equity scenario generators, and choosing suitable economic scenario generators for different applications. Discussion from participants is included.

Description: This panel discussed studies of the risk of loss due to changes in the interest rate environment. It addressed why the C-3 risk is important and how inflation and stability in interest rates can affect the financial soundness of life insurance companies. There was also a discussion of the theoretical work being carried out to calibrate the C-3 risk of variation in interest rates and to what extent the valuation actuary can properly recognize the risk of loss from changes in the interest rate environment within the framework of valuations laws and regulations.

Description: Presented at May 1986 Spring Meeting. This session discussion is about the purposes, tools and methods available, scenario testing, updating, special issues and problems. This discussion anticipates the development of new Valuation Actuary reserve adequacy opinion requirements.