Description: Andy Rallis delivers his speech at the presidential luncheon of the SOA 2019 SOA Annual Meeting & Exhibit in Toronto.

Description: 1992 SOA Regional Meeting, Anaheim. The purpose of this session was to examine the current state of the art in product development in 1992. Topics discussed included: 1. The evolution of the product development process and the current state of the art in 1992 in product development. 2. Standards and professional responsibilities, organization and cultural issues, and illustrations and projections. 3. Practical issues in product development.

Description: In 1986, the Society of Actuaries identified a number of external trends that could have a substantial impact on future retirement patterns. An analysis of demographic trends clearly indicated that more people would be reaching older ages and that they would live longer.

Description: The article is an interview with Barbara Hogg who summarizes the results of a survey of Americans about their awareness of financial risks faced in retirement and how they are managing those risks. The survey was commissioned by the SOA and is the 11th iteration of such a survey.

Description: Explores the applications and techniques of model governance, focusing on benefits such as model literacy, efficiency, and confidence.

Description: 1999 SOA Regional Meeting, Atlanta. In this session on data and interoperability standards for actuaries, the panel discusses the importance of open data standards which enable communication and transmission of data between different systems developed by different vendors. They also discuss the attached white paper entitled 'Proposed Data Standards for Table Data in the Insurance and Pension Industries' which was written by the Computer Science Section of the SOA to encourage adoption of the described standard.

Description: Column that provides an overview of section activities

Description: This is the second article in the “Process of Innovation” series, and it is focused on the process of generating and vetting promising ideas for introducing new lines of business, new processes, new products, or a new business.

Description: Re/insurance rates have been increasing since 2018, although pricing momentum has decelerated recently. Insurers and reinsurers are working to enhance profitability and improve the value proposition for clients in an environment of uncertainty about natural catastrophes, COVID-19-related losses, and social inflation, among other factors. This article describes drivers of the current underwriting cycle, compares it with past cycles, and provides considerations for the future.

Description: Reinsurance has been available for VA Guarantees for over 20 years. During that time, the reinsurance market for VA Guarantees has undergone frequent and sometimes violent transformations. Where does the market stand today? What forms and structures of reinsurance are available? Which VA Guarantee designs and features are easier to reinsure? Is reinsurance offered on both newly issued policies as well as in force/legacy books, and which vintages are difficult to reinsure? In an age of sophisticated hedging programs, what role does a reinsurer play in helping a VA writer manage this highly volatile risk? In this session, we will hear from a reinsurer that is actively writing new VA Guarantee reinsurance treaties in the U.S. and around the world, and from a VA writer that has successfully partnered with a reinsurer to enhance its VA product offering