Description: Presented at May 2005 Spring Meeting. Panelists discuss the value and new features/enhancements of single premium immediate annuities 'SPIAs'.

Description: Interview with Peter Schaefer, CEO of Hannover Life Reassurance Company of America.

Description: Many top-performing businesses aren’t just risk aware, but rather risk intelligent. Such a posture helps prepare companies for a major event and can demonstrate to a regulator or auditor that an appropriately strong control framework is in place. Better still, companies gain real strategic value from a “risk adjusted” understanding not only of their threats and vulnerabilities, but also the upside opportunities associated with various risks. It starts with having both qualitative and quantitative information to identify, assess and manage risks. Strategic risk management, at its core, is about creating value by increasing transparency and accountability, and quality of information. More than a mere compliance exercise, effective risk management enables more informed strategic decision making, increased accountability and transparency, a greater likelihood of organizational success, and – ultimately – competitive advantage, as borne out by many studies that correlate risk management and financial results.

Description: Tired of Strategic Planning? by Eric D. Beinhocker and Sarah Kaplan

Description: After providing a brief overview and history of strategic planning, the panelists conduct a teaching session on strategic planning. Includes a discussion about the differences in the process among small, medium, and large companies, and how to monitor and follow up the implementation of these plans. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: Presented at October 1996 Annual Meeting. This session looks at the impact of regulation on the management of insurance operations in Asia, with a particular focus on Japan, which this year 1996 introduced its first major insurance law revision in 50 years.

Description: This paper explores Indian futures and options market as a market for hedging by equity holders. The authors have tried to examine optimal hedge ratio and hedge efficiency, and to provide empirical evidence from India.

Description: Presented at May 19996 Spring Meeting. This session focuses on emerging compensation plans in the life insurance industry: levelized commissions, potential changes in NY regulations, compensation in alternative channels, salaried agents, innovative programs.

Description: The Pension Forum is for the publication of papers on pension-related topics and discussions of those papers. It is published on an ad hoc basis by the Pension Section of the Society of Actuaries, and delivered to Pension Section members free of charge.

Description: Presented at October 1985 Annual Meeting. Discusses current topics involving insurance companies, such as: Impact on product design, Allocation of capital and resources, Consolidation, Regulations, Company structure, Proposed or current legislative matters.