Description: Presented at May 1985 Spring Meeting. This session discussed: How investment policy should be developed, Role of the actuary and the investment officer, Role of the pricing actuary and the valuation actuary, Liquidity considerations, Tax considerations, Capital loss constraints, Process for changing strategy as the economy and company circumstances change.

Description: Discussion of interest rates and investments. The forum looked at the outlook for interest rates on life insurance funds, new developments for the investment of life insurance funds, common stock investments, inflation, and the nature and extent of the valuation problem created by direct investment private placement.

Description: 1992 SOA Annual Meeting, Washington, D.C. This session addressed the asset valuation reserve, the interest maintenance reserve, the RBC requirements, and the impact on the company's investment strategies of these reserves.

Description: This presentation suggests a possible flexible solution to the time and resource problems of running a large number of stochastic interest rate scenarios, by selecting a representative subset. Each interest rate scenario consists of 30 future spot yield curves, where a reasonable number of points are specified on each curve such as 12. The distribution of the scenarios is approximated by the subset and each scenario in the subset has equal weight. The method is independent of the inter rate generator used.

Description: Panelists discuss: [1] a way to study interest-rate risk using stochastic methods, [2] a conceptual framework needed to evaluate the suitability of an investment strategy for insurance liabilities, and [3] how one company [Capital Holding] develops investment strategies and asset/liability management policies. From the 1988 Record of Society of Actuaries, Vol. 14, No. 2.

Description: 1993 SOA Meeting, Quebec. This session is about equity strategies of life insurance company general accounts. Topics included: 1. Various kinds of equity investments,what their features are, and the advantages and disadvantages of each. 2. What is the most efficient way, given the risk profile that most life companies have, to invest in equities? 3. Can you live with the capital standards that nervous regulators require? 4. Can you live with boards of directors who believe that we don't sell that many products with long liability tails, so we don't need equities?

Description: This session will demonstrate the advantages of approaches to duration matching and cash flow matching. Plan examples and sponsor’s objectives will be presented. An overview of when to choose one approach versus a blend of the two approaches will also be covered.

Description: Discusses investment strategies that can be used for various product-expense and policyholder-behavior patterns. These include buy/sell, hold, exchange, long-term, optimization, hedging of the business and investment risks, and immunizing strategies. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.

Description: Discusses how surplus should be defined, how it should be invested, and how the rating agencies may respond to various approaches. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: From the Record 1977 Vol. 3, No. 1, this presentation is from a concurrent session at the Society of Actuaries 1977 Regional Meeting, held in Atlanta March 31-April 1. In this session, the presenters discuss investment objectives, strategies and plans. The actuary’s role in investment planning is addressed, including how asset management relates to pricing and reserves, asset liability matching, liquidity, and management of risk exposure.