Description: The discussion will review major elements of the reinsurance market as health care reform replaces traditional markets. From Record of Society of Actuaries Vol. 20, No. 3A.

Description: This is a discussion about the papers presented at the regional meetings. From Transactions of Society of Actuaries, 1965, Vol. 17 Pt. 1, No. 48

Description: Download the papers from the Securitization of Insurance Risk: The 1995 Bowles Symposium.

Description: This is an abstract of the paper A Second Order SDE for the Force of Interest. In this paper, the author models the force of interest by a linear second order stochastic differential equation.

Description: The objective of this paper is to present and to apply a numerical method in the calculation of the minimal and maximal ultimate ruin probabilities in two risk models given some moment constraints on the individual claimsize distribution. An application of this optimization problem is to find the extremal lower and upper bounds of the ultimate ruin probabilities given those constraints. The paper considers the classical risk models with constant and variable premiums.

Description: The purpose of this paper is to illustrate the method of Lagrange multipliers complete with simple examples. The author suggests that this methodology is ideally suited to the investigation of minimum variance plans. From the Actuarial Research Clearing House 1987 Vol. 1.

Description: Presented at May 1985 Spring Meeting. This session discussed: Relationship of pricing and valuation actuaries in Canada, Financial reporting system as an information source for product development, Interaction of the pricing actuary, valuation actuary, and investment officer in designing interest-sensitive products, Allocation impact on product development of expense, investment income, tax, and capital, Financial reporting information in changing premium rates for nonguaranteed premium products, Maintaining consistency between pricing and financial projection models, Reserve basis and nonforfeiture basis impact on product development, with special reference to lapse-sensitive products.

Description: The abstract for a paper that focuses on default distributions and why they are important.

Description: This session was an open discussion which occurred at the SOA's May 1976 Meeting in Houston of the 'Report on Actuarial Principles and Practical Problems with Regard to Nonforfeiture Requirements.' It also contains a summary of written responses to the report, developments and recent work in the nonforfeiture area. From Record of the Society of Actuaries 1976, Volume 2, No. 2.

Description: This panel discussion session focuses on the impact of a changing environment on personal security programs. Some of the issues addressed include regulations, taxes, consumerism, Social Security, inflation, and age/sex composition of work force.