Description: China’s pension system has transformed from traditional retirement system based on command economy to modern pension system based on market economy.

Description: Presented at October 1985 Annual Meeting. Discusses proposals for changing the tax law with respect to the taxation of personal income: The tax climate that led to these proposals, A description of the major proposals including the Treasury proposal pending in Congress, How these proposals will affect the design, marketing and sale of individual life and annuity products.

Description: Feature article about how life insurance companies can manage the financial risk of life and annuity unclaimed property.

Description: Article Book Review by Ray in The Actuary, January 1979, Volume 13, Number 1

Description: Presented at Living to 100 Symposium, January 2011. This paper examines the trends of mortality improvement in the United States for the consideration of the task force set up in 2010 to review the life tables for Group Annuity and the related assumptions for mortality improvement 'Scale AA', using more recent information from the Social Security Administration life tables and data derived from the Human Mortality Database.

Description: Presented at October 1986 Annual Meeting. Discusses background, product design, NAIC model regulations, New York legislation and regulations, investment considerations, financial reporting, and provides a Canadian overview of MVA products.

Description: Adopted by the NAIC on October 14, 2005, the new RBC C3 Phase II requirements were effective for year-end 2005. The regulation requires either a factor approach - the “Alternative Method” - or a stochastic modeling approach subject to a minimum Standard Scenario requirement for determining the C3 component of risk-based capital for variable annuities. This article summarizes the results of a survey on insurers' approach to this for year-end and their results.

Description: NAIC Update on Issues Affecting Life and Annuity Product Development

Description: Presented at October 1996 Annual Meeting. This discussion reviews multiple issues including: the success in getting states to accept three-year spread, implementation issues, effect of AG 33 on new contract wording, and accuracy of early estimates.

Description: These are the appendices to a report summarizing the results of a Delphi study to identify and debate possible new approaches or Blue Ocean Strategies to acquiring business by life insurers.