Description: Presented at May 1985 Spring Meeting. Discusses: Statutory annual statement, Statement of actuarial opinion for interest-indexed universal life insurance, American Academy of Actuaries Financial Reporting Recommendation 7, Statement of opinion required by New York State for annuity products, Other required statements of actuarial opinion, The Valuation Actuary, Practical techniques and actual experiences.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 Discussion of guaranteed minimum death benefits, guaranteed minimum income benefits, and guaranteed minimum accumulation benefits on variable deferred annuities, along with floor guarantees on variable immediate annuities. This session described the types of benefits found in the marketplace along with the associated risks. Current reserving practices, risk management techniques, and the latest American Academy of Actuaries AAA and National Association of Insurance Commissioners NAIC developments are discussed.

Description: In this paper, the author examines the valuation of life insurance company assets giving a rationale for a valuation basis for each type of asset. The stabilization of asset values is stated as being 'highly desirable'. Several discussants of the paper disagree strongly with the author's views.