Description: Presentation at May 1996 Spring Meeting. This session takes a hard look at Lloyd’s of London, examines how it has reached its current state of affairs, the role of Equitas, the impact of corporate capital and the firm's outlook.

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 October 1996 Annual Meeting. This discussion reviews multiple issues including: the success in getting states to accept three-year spread, implementation issues, effect of AG 33 on new contract wording, and accuracy of early estimates.

Description: Presented at June 1986 Spring Meeting. This session discussion is about state insurance department viewpoint on successful filings, insurance company viewpoint on successful filings, the Life and Health Compliance Association, staffing and organization for compliance.

Description: Discussion on the future of permanent life insurance. The panel examines whether cash value life insurance will continue in light of uncertain economic future, double digit inflation, competitive term products, replacements, increasing policy loans, attractive alternative savings products and the consumerist/regulatory atmosphere. g. Consumerist and regulatory atmosphere? h. Possible changes in tax, nonforfeiture and valuation laws?

Description: This presentation, session number 86PD, took place at the 1999 Spring Meeting of the Society of Actuaries, held May 24-25 in Atlanta. “Banks are buying life insurers, life insurers are marketing through banks, mutual fund companies are taking over the retirement product area, and insurers are acquiring thrifts. Diverse sectors of the financial services industry are melding together at increasingly rapid rates.” The panel discusses the major issues and trends surrounding the growing consolidation and convergence. Discussion from participants is included. From the Record of the Society of Actuaries, Vol. 25, No. 1.

Description: This is a discussion of the current topics in Canadian insurance. Specifically, it discusses product development, financial considerations, management of existing business, and outlook for field force.

Description: Presented at May 2002 Spring Meeting. Discusses the proposed new valuation table and how it affects future product development and design.

Description: This panel discussion is from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the National Association of Insurance Commissioners [NAIC] development of a risk-based capital requirement, and the Canadian Life and Health Insurance Association [CLHIA] Minimum Continuing Capital and Surplus Requirements [MCCSR]. They discuss the history of risk-based surplus, recent developments in Canada and various US states, the rating agencies, bank and international requirements, impetus for change, regulatory activity, and the limitations and difficulties of a mandated industry wide formula. Discussion from participants is included. From the Record of Society of Actuaries Vol. 17, No. 4A.

Description: Presented at April 1986 Spring Meeting. This session discussion is about the reaction of plan sponsors, how the requirements will affect pension expense and balance sheet liabilities, and how the disclosure requirements are being handled.