Description: Representing a large indexed annuity writer, the speakers will discuss the growth and evolution of the market for index annuity products. Moreover, the challenges that growth has introduced and how those challenges are being met. While much of the market consists of simple, accumulation-oriented S&P 500 based strategies with 0% return floors, a significant portion of industry sales come from more complex products with highly customized index strategies and other features, such as living benefit guarantees. Attendees will gain a broad understanding of the indexed annuity market, product and features, operational difficulties in risk management arising from product design, and how actuarial and hedge professionals are managing these issues.

Description: An Actuarial Analysis of FAS 133 Part 2 by Anson J. Glacy, Jr. from The Financial Reporter, June 2000, Issue No. 42.

Description: This session at the SOA 1998 Maui I Spring Meeting gives an overview of the equity indexed market and discusses the issues associated with managing these products after issue.

Description: The NAIC has adopted revised VM-21 and AG43 for variable annuities, effective Jan. 1, 2020. The panel of presenters will provide background and an overview of the revisions, discuss detailed aspects of the new CTE Amount Standard Projection and prescribed assumptions, as well as discuss implementation considerations and the implications to hedging. In addition, the panelists will share progress on VM-23, principle-based reserves for non-variable annuities.

Description: This article summarizes some of the areas of concern in developing equity-indexed annuities for small companies.

Description: 1999 SOA Annual Meeting, San Francisco. This panel discussion dealt with several new product types and the accounting profession's efforts to provide guidance. The five product types below do not fit neatly into the rules set forth in Statement of Financial Accounting Standards 50 and 97: 1. Variable annuities with guaranteed living benefits. 2. Equity-indexed products. 3. Market-value-adjusted annuities. 4. Annuities with a front-end bonus feature. 5. Investment contracts with no significant source of profit other than interest spread.

Description: 1998 Valuation Actuary Symposium. In this teaching session on Equity-Indexed Annuities, the panelists discussed the background and techniques of the NAIC's Guideline ZZZ, what must be done, the market-value-based methods, the book-value method, and ideas regarding making the best overall choice among the methods.

Description: Panelists discuss issues related to equity-indexed annuities EIAs. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: The speaker will share his insights into the hedging challenges faced by FIA and VA business in the current market environment.

Description: Panelists discuss: [1] an overview of the market, the product, and interest modeling, [2] current product-related regulatory activities with the NAIC and elsewhere, and [3] dynamic hedging. Session 31PD of the 2005 Valuation Actuary Symposium.