Description: 1992 SOA Annual Meeting, Washington, D.C. This 1992 session on the Statutory Valuation Opinion covered the following topics: 1. Regulatory issues and the amendments to the standard valuation law. 2. Practical considerations, such as accumulating data, setting assumptions and creating models. 3. Issues and considerations involved in cash-flow testing.

Description: Article from The Actuary, December 2000, volume 34, issue 10 is the annual treasurer's report from 1999-2000.

Description: A discussion of the Society of Actuaries study of Mortality Under Standard Individually Underwritten Life Insurance Between 1995 and 1996 Policy Anniversaries.”

Description: This presentation is a Teaching Session, number 3, from the 1987 Valuation Actuary Symposium. The first instructor discusses three methods of valuation [and methods of studying C-3 risk]: Gross Premium Valuation [the actuary’s traditional approach], Cash Flow Analysis, and Market Value Analysis, also known as ‘Modern Financial Analysis,’ with a focus on the third. Then the second instructor provides an update on C-2 risk [claims, expenses], and combinations of risk, noting that C-2 risk has not had much attention paid to it. He goes on to describe three types of C-2 risk: stochastic deviations, unpredictable single events, and ‘judgment errors, such as poor underwriting. The third instructor focuses on the C-1 [default] risk. Case studies are included.

Description: Discusses the emerging proposals for revision of the NAIC Model UL Regulation to address valuation, non-forfeiture, and disclosure concerns. Also discusses product implementation and the current status of state requirements. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: Presented at September 1995 Valuation Actuary Symposium. This session is about life and annuity valuation issues, particularly Standard Nonforfeiture Law, XXX, the Annuity Valuation Task Force activities, and separate accounts.

Description: 1988 Valuation Actuary Symposium. The speakers in this session addressed the relative volatility of participating whole life versus universal life and the annual-premium versus single- premium basis.

Description: This article discusses the author’s reactions to the Living To 100 Symposium. He summarizes several sessions and concludes by saying his main takeaway from the symposium is that the debate continues as to whether there is a significant chance of finding a way, over the near- or medium-term, to slow the aging process.

Description: The June 1987 report on UL valuation and nonforfeiture, by the American Academy of Actuaries Universal Life Task Force under the Committee on Life Insurance, discussed whether long-term UL reserve sufficiencies should offset short-term deficiencies. This article discusses that issue.

Description: This presentation is an open forum from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss current events in individual life product development, and their impact on product design. Topics include proposed changes to the Standard Nonforfeiture Law for life insurance and annuities, multilife products, product guarantees, and solvency concerns. The Canadian perspective is presented as well. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.