Description: This presentation, session number 7PD, took place at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago. The panelists discusses current separate account product topics including quantifying the cost of guarantees such as minimum death benefits and minimum living benefits, and equity-indexed product investing and hedging. Discussion from participants is included. From the Record of the Society of Actuaries, Volume 26, No. 3.

Description: This presentation is from session number 25, presented at the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. The panelists discuss Actuarial Guideline XXXIV, which was effective year-end 1998 and addresses reserving for minimum guaranteed death benefits associated with variable annuities, including the requirements of Actuarial Guideline XXXIII. Companies are now offering other guaranteed benefits such as guaranteed living benefits, and the National Association of Insurance Commissioners [NAIC] and the American Academy of Actuaries are working to address reserving for these benefits. The panelists describe the minimum guaranteed benefits in the marketplace and the risks associated with them. Current reserving practices and the latest NAIC and Academy developments are discussed. Discussion from participants is included.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 In this session, panelists discussed how they have leveraged cash-flow testing to: • Influence investment decisions • Analyze risks • Expand Cash flow testing models to meet management requirements • Provide relevant information to regulators and rating agencies Panelists discussed the enhancements required to meet these needs and provide guidance on communication of results to a nontechnical audience.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 The panel discusses: 1 Financial modeling tools used by the actuarial profession, 2 Pricing techniques used by Wall Street financial analysts, 3 Advantages and disadvantages of each approach 4 Market implications of each approach, and 5 Potential for harmonization of the two techniques.

Description: This 1981 session focused on Reinsurance Trends. Questions included: i. Why the recent movement from YRT to Coinsurance? 2. Should a company use a bulk or self-administered system? 3. When is it advantageous to use Coinsurance or modified coinsurance on existing business? 4. Experimental Underwriting - what are the results? 5. Pricing assumptions - where have all the margins gone? 6. When can reinsurance pools be used effectively what are the pitfalls? 7. What's in the future? a. Use of telecommunications and computers to transfer the risk? b. Lower rates and less service? 8. How have changes in reinsurance pricing affected ceding company pricing?

Description: This 1981 session focused on Reinsurance Trends. Questions included: i. Why the recent movement from YRT to Coinsurance? 2. Should a company use a bulk or self-administered system? 3. When is it advantageous to use Coinsurance or modified coinsurance on existing business for tax planning 4. Experimental Underwriting - what are the results? 5. Pricing assumptions - where have all the margins gone? 6. When can reinsurance pools be used effectively what are the pitfalls? 7. What's in the future? a. Use of telecommunications and computers to transfer the risks? b. Lower rates and less service? 8. How have changes in reinsurance pricing affected ceding company pricing?

Description: Presentation on estimating rates of early-onset Alzheimer's Disease. This document contains incident rates, critical illnese insurance information, adverse selection, and more.

Description: In this session, we will explore investment solutions that aim to maintain the long-term viability of a pension plan, with considerations on hedging interest rates, credit, inflation, longevity and other risks, while accounting for the many particularities associated with underlying liabilities and their corresponding ramifications.

Description: The effects of climate change have been widely documented. Whether it’s rising temperatures, more frequent and violent storms or disruption to wild life, there is a consensus in the scientific community that these effects are real. What are the risks and opportunities that climate change brings to an investment portfolio? As society transitions to more sustainable sources of energy and tries to find more sustainable ways to consume, there will be winners and losers. In this presentation, speakers will discuss their process to identify winners in this changing world and highlight the risks to various industries.

Description: This presentation is an open forum, session 58OF, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. The panelists present both theoretical and practical perspectives of the role of assumed asset returns and credit spreads in determining the fair value of policyholder liabilities. They cover financial economics, how other financial service companies value liabilities, what factors go into determining an appropriate discount rate for insurance liabilities, and issues currently being debated by the International Accounting Standards Board [IASB], and the Financial Accounting Standards Board [FASB]. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 2.