Description: This is a discussion of universal life products. It includes: 1. Benefit structure including underwriting and reinsurance, values, and surplus requirements 2. Asset-liability matching 3. Taxes, expenses, and administration 4. Consumer protection, including the company's obligations, at time of sale 5. Marketing, sales compensation, and replacement questions Specifically it highlights the benefit structure asset-liability matching taxes, expenses and administration consumer protection, including the company's obligations, at time of sale and marketing, sales compensation and replacement questions.

Description: Presented at October 1996 Annual Meeting. This session updates actuaries on the current status of non-forfeiture law changes for life insurance. Panelists discuss the impact of these changes on product design, compensation, and other product features.

Description: In session 7I of the Montreal Spring Meeting panelists discuss the growth of the cross-selling of financial products in the banking and insurance sectors. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: 1994 SOA Spring Meeting, Orlando. In this session the panelists debated the diversity of professional practice about how companies and regulators can and should measure profit and set standards for profit margins. One panelist spoke of the traditional actuarial perspective, while the other represented the modern theory of finance.

Description: 1994 SOA Spring Meeting, San Francisco. In this session about annuities, topics discussed included product design, regulatory, marketplace, compensation, and pricing issues.

Description: Presented at May 2005 Spring Meeting. Panelists discuss the current status since the passage of the Gramm-Leach-Bliley bill, outlook for bank distribution of insurance products, and experiences with bank-insurer conglomerations.

Description: This presentation is a concurrent session from the 1991 Meeting of the Society of Actuaries, held April 18-19 in New Orleans. The panelists present the history and current status of the mandatory securities valuation reserve, ‘MSVR,’, discuss the work of the Ward Committee, established by the National Association of Insurance Commissioners to review and recommend changes to the MSVR, and discuss the regulatory viewpoint, including solvency, risk-based capital, Regulation 126, and the AVR or asset valuation reserve. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 1.

Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held May 16-17 in New York. Noting that “within the life insurance industry there is increasing skepticism as to whether illustrations of projected policy values will be met,” the panelists discuss the Illustration Problem. They consider whether the problem is real, and whether current disclosure standards are inadequate. Other topics include whether it is possible to design an understandable method which cannot be manipulated, what responsibilities actuaries have in developing adequate standards, and regulatory activities. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 2.

Description: This presentation is a Pension Section meeting from the 1991 Meeting of the Society of Actuaries, held June 3-5 in Colorado Springs. The speaker discusses insurer solvency issues for pension actuaries, focusing on the failure of Executive Life and the implications for its significant amount of pension business. Topics include the tax claims of the Internal Revenue Service, and role and potential liability of the Pension Benefit Guaranty Corporation [PBGC], state guaranty funds, and reinsurers. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 3B.

Description: 1992 SOA Regional Meeting, Anaheim. In this panel discussion of the evaluation of the adequacy of capital, the speakers addressed the NAIC risk-based capital proposal, rating agency techniques, and valuation actuary views.