Description: Presented at May 1996 Spring Meeting. This session is intended to provide up-to-date information on the redesign effort and the governing principles that guide the design process.

Description: Presented at June 1996 Spring Meeting. This discusses the effect on pension plans of mergers and divestitures and looks at the importance of due diligence as part of the process. The discussion also presents the reality of actuaries on trial for negligence.

Description: This is a discussion on Actuarial education and certification from around the world.

Description: Panel session exploring a variety of issues connected to long-term disability reserve buyouts, including: · Advantages and risks for buyers and sellers · Use of appropriate reserving assumptions · Possible financial structures for a buyout

Description: This discussion seeks to answer what reserves are required for individual accident and sickness policies, looks at the actuary's responsibility for experience analysis, discusses product development and policy change problems, and examines the major current developments affecting individual accident and sickness insurance.

Description: This table of contents from the Record Vol. 17, No. 4A, is a partial listing of sessions form the Annual Meeting of the Society of Actuaries, held October 20-23, 1991 in Toronto. The rest of the sessions are in the Record Vol. 17, No. 4B.

Description: In this “nontraditional” general session from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto, the panelists, a “judge,” a “defendant,” and a “prosecutor” present a humorous “trial” to explore what the boundaries of “traditional” actuarial work are. A theme of the session is that some of what we call “nontraditional” is an expansion of traditional actuarial work, and that we owe it to our public to broaden our horizons. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4A.

Description: The degree of interaction between actuaries and lawyers practicing in the pension area has increased significantly in recent years. On the one hand, plan sponsors may gain from this interaction, as members of the two professions bring different perspectives and different sets of skills to bear on their problems. On the other hand, there may be friction in situations where the roles of the actuary and the lawyer overlap. This panel discussion focuses on the various ways in which actuaries and lawyers interact, and suggests ways to minimize the friction between them. From the Record of the Society of Actuaries Vol. 17, No. 4B.

Description: This panel discussion session reported on the status and content of the Actuarial Standards Board standard dealing with the selection of assumptions. The discussion covers what the effects would be on practitioners.

Description: This discussion is about the litigation risks pension actuaries face, and the standards of care actuaries should take to protect themselves from malpractice and errors & omissions 'E&O' claims. From the Record of the Society of Actuaries Vol. 18, No. 2.