Description: Presented at May 2002 Spring Meeting. Discusses how small companies may offer a portfolio that includes products typically offered only by larger companies, including forming joint ventures.

Description: Presented at April 1985 Spring Meeting. Discusses new business developments which have led to a resurgence in term life sales and profitability.

Description: Presented at October 1985 Annual Meeting. Discusses the regulatory environment, investment crossover opportunities, types of distribution alternatives, corporate culture obstacles, agency only versus risk sharing opportunities.

Description: Panelists identify the unique challenges and risks associated with asset/liability management for long-term care insurance and explore possible solutions to the challenges identified. From the Record of the Society of Actuaries, Volume 28, No. 3, Session 28pd.

Description: The investment risk generated by a stochastic interest rate is recognized as often the greatest risk associated with a whole life or retirement policy. Recent research has investigated the mathematics of this risk when the interest rate follows a stochastic process and the time to death is considered to be random. In this paper we focus on the use of the zero coupon bond as an investment instrument to fund a whole life policy. It is unlikely that a company will entirely fund a particular single policy with a zero coupon bond.

Description: Provides an overview of special characteristics of private equity and infrastructure asset classes, based on the perspective of experienced investors

Description: This presentation is a general session from the 1991 Meeting of the Society of Actuaries, held May 16-17 in New York. The speaker comments that actuaries are well suited for strategic thinking by what they do, noting that “clearly strategy is very heavily involved in trying to understand the external environment and trying to forecast the future in some fashion.” The speaker also sees that “three fundamental factors that will have to be built into everything that we do. These three factors are internationalization or globalization, an understanding of quality, and an understanding of human resource management.” From the Record of Society of Actuaries, Volume 17, No. 2.

Description: This session discussion is about tools, techniques, and methods used by the health valuation actuary HVA in dealing with business projections, cash-flow analysis, valuation on nonguaranteed premium business, target surplus analysis, reinsurance and claim reserves. From Record of Society of Actuaries Vol. 18, No. 1A.

Description: This session discussion is about funding strategies for postretirement health benefits. Topics discussed include VEBAs, 401[h] plans, 501[C]9 plans, stock ownership plans, dedicated profit sharing, HSA, impact to FAS 106 expenses, and investment vehicles. From Record of Society of Actuaries Vol. 19, No. 1B.