Description: The central question is that of viability. Specifically, is the configuration of life insurers’ products and balance sheets economically viable under current accounting and ongoing market conditions?

Description: 1997 Valuation Actuary Symposium, Session 17 discusses market value measures and its uses in asset liability management.

Description: This panel discussion, which occurred at the October 1982 Society of Actuaries Annual Meeting in Washington D.C., presented information on the management of assets in relationship to liabilities. The information was based on a report from the C-3 Risk Task Force. Topics included: 1. Design of investment strategies to develop cash flow patterns appropriate with the liabilities. 2. Structuring the company to assure that investment returns are channeled to appropriate lines of business. 3. Valuing liabilities to appropriately recognize the relationship between assets and liabilities. 4. Should the actuary be concerned with certification of assets as well as liabilities? 5. Equity among lines contributing to investable cash flow.

Description: IFRS 17 is causing insurers to rethink their investment management and ALM strategy. The presenters examine issues arising under IFRS 17 and IFRS 9 and the resulting challenges facing insurers, including the volatility and impact on financial statements. Solutions will be proposed including a discussion on how to deal with the disconnect between economic and accounting results. A case study will present the tradeoffs insurers must consider to optimize their portfolio under IFRS 17.

Description: This session discussion is about coping with cash-flow testing in a small company. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: This session from the 2003 SOA Orlando Meeting covers insolvencies of insurance companies in the U.S., developments within the IAA with respect to solvency assessment and risk measurement. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: Feature article discussing the synergies between Principle Based Reserves and the NAIC’s Own Risk and Solvency Assessment (ORSA).

Description: 1990 Valuation Actuary Symposium Proceedings is a panel discussion on the status of the valuation actuary and the change in the valuation law.

Description: Feature article describing the proceedings and results of the International Actuarial Association (IAA) in The Hague in May 2013.

Description: Baseline and "what if"/stressed projections of cash flows, financial statements and capital requirements are critical inputs for a range of business purposes: forecasts, risk management, liquidity management, strategic decision making, etc. Forward-looking projections have historically been inefficient and were performed in silos, making it difficult to scale the process as CFOs and CROs ask for more. The presenters discuss challenges of the forecast process and opportunities to meet desired future capabilities. They will also discuss "what if" analysis and ways to support production of forward-looking projections for "what if" analysis in an efficient way.