Description: From a session at the annual meeting of the Society of Actuaries held in Chicago, Illinois, October 15-18, 2000 Discussion of indexed guaranteed separate accounts, typically issued to defined-benefit pension plans. Contract terms, risks, marketing, financial reporting, reserves, and investment strategies are discussed. Risk-based capital and the National Association of Insurance Commissioners Model Regulation for Separate Accounts with Guarantees are also discussed. A hypothetical indexed separate account is analyzed for return on capital and economic risk.

Description: This session discusses how floating rate funding agreements, which have put options or short maturities, became an important product for many insurers in the 1990s. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 29PD.

Description: This article provides an update on the development of model regulations for synthetic GICs and guaranteed separate account products.

Description: From a session at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999 Panelists discuss the process of selecting outside investment managers.

Description: This article discusses index separate accounts and their use by insurance companies for group pension clients, including product design and regulatory developments.