Description: Reinsurance can be used as a tool to improve profitability and competitiveness on in force and new business for companies. Emerging reinsurance solutions will help organizations better manage their capital in different ways. During this webcast, the following solutions will be covered: Use of reinsurance to manage and improve capital and profitability Turning spread-based business into fee-based business Strategic use of affiliate and sidecar reinsurance

Description: Regime switching models have become a popular tool in econometric time series modeling since their introduction in Hamilton [1989].These models have been widely applied for equity-returns for investment guarantees. A prominent risk management challenge is hedging these guarantees, given the equity regime switching process. This presentation develops some methodologies for regime-switching portfolio replication and use real world data to demonstrate and evaluate their effects. A Bayesian approach for regime switching model fitting is used, which allows for the examination of the robustness of each of the optimization methods when parameter uncertainty is present.

Description: Panelists at this session of the SOA 1998 Maui I Spring Meeting presents their approach to an integrated risk management framework that assesses the level of risk in the organization and where it lies on the balance sheet.

Description: This paper reviews the Value At Risk concept, a financial risk management tool and discusses its application to insurance. Difficulties with this application are described and modifications suggested. An alternative tool, expressed as a risk adjustment to economic value, is suggested as an additional measure.

Description: Is Risk/Return a sound tool for decision-making? No. It is not consistent, not objective, distorts decision and degrades governance. Why? What shall we do then?

Description: This research report summarizes methodologies used for yield curve extrapolation to value liability cash flows that extend beyond the maximum observavble portion of the yield curve.

Description: This panel discussion, which occurred at the October 1982 Society of Actuaries Annual Meeting in Washington D.C., presented information on the management of assets in relationship to liabilities. The information was based on a report from the C-3 Risk Task Force. Topics included: 1. Design of investment strategies to develop cash flow patterns appropriate with the liabilities. 2. Structuring the company to assure that investment returns are channeled to appropriate lines of business. 3. Valuing liabilities to appropriately recognize the relationship between assets and liabilities. 4. Should the actuary be concerned with certification of assets as well as liabilities? 5. Equity among lines contributing to investable cash flow.

Description: This article discusses the current state of the IAIS' initiative on their group Insurance Capital Standard.

Description: Economic Scenario Generator - Investment Section Web Series Session #2 - Real World This session will cover the following points: 1. NAIC ESG 2. Strategic Asset Allocation and Optimization Techniques 3. Covid-19 Postmortem: Modeling and calibration changes because of recent events

Description: This article is about a session held at the October 1996 annual meeting, which focused on how actuaries can move beyond traditional employers.