Description: This session at the SOA 1990 Annual Meeting looks at product diversification as a means of establishing appropriate asset/liability matching and of offering a risk management tool. The basis for insurance company ratings of one rating agency is also discussed.

Description: Presented at October 1996 Annual Meeting. Recent surveys on asset/liability management 'ALM' practices provide the basis for this discussion of ALM practices in the insurance industry. Participants discuss the tools and techniques used by their companies.

Description: Panelists – including a New York state insurance regulator, an insurance-company qualified actuary, and a consulting actuary – discuss initial results from the NY filings for 1986 and 1987, the challenges complying with Reg 126, and what companies have learned so far from it. From the 1988 Record of Society of Actuaries, Vol. 14, 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.

Description: 1994 SOA Meeting, San Antonio. This session provided an overview of the state-of-the-art asset-liability matching techniques for pension plans. It also discussed application of the techniques to stabilize FAS 87 expense, protect pension plan surplus against economic fluctuations, and manage the nonparallel yield-curve shift.

Description: The Society's Task Force to Study Risk of Loss from Changes in the Interest Rate Environment C-3 Risk Task Force was formed in March 1981 with the charge to quantify C-3 risk. The Task Force made a preliminary report as part of a panel discussion on C-3 risk at the Society's October 1981 meeting in Atlanta. This presentation provides an update on the progress to date and its future plans.

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 discuss the financial management of insurance company liabilities, including the criteria for identifying significant product portfolios, lessons learned from historical results, and the challenges facing the financial managers in the future. They discuss the state of management information for appropriate product or market segments and how to improve it, and action plans for financial managers to improve financial results. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 1.

Description: Presentation of asset liability management techniques to better manage interest rate risk by matching the anticipated cash flows from assets with that of the companies liabilities. Some alternative perspectives/techniques from Canadian insurers are discussed. Article discusses the varying asset/liability management issues pertinent to life insurance companies and defined benefit plan sponsors

Description: This session discussion is about synchronization of crediting rates and investment strategies. What are the mechanisms for achieving coordination? How is the process affected by the insurance market? By the capital market? What is the effect of policy design? From Record of the Society of Actuaries Vol. 15, No. 3B.

Description: 1994 SOA Spring Meeting, Orlando. This teaching session introduced Course 230 to seasoned actuaries who missed the opportunity to study ALM material on their road to Fellowship. The focus of this session was to expose the various subjects covered, identify reading materials, and highlight a few topics.