Description: Presented at May 2005 Spring Meeting. Panelists discuss annuity risk management, with particular focus on RBC and the proposed Actuarial Guideline on reserving, and how this can be applied to new product development as well as in-force product management.

Description: These are Charts 5-8 from a presentation entitled 'Stochastic Immunization'. From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000

Description: Panelists discussed: [1] investment products oriented toward asset/liability matching, [2] asset/liability management [ALM] including the C-1 and C-3 Risks, [3] current ALM practices among life insurance companies, and [4] regulatory developments in this area. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4B.

Description: Panel dicussion on the need for information to keep a block of long-term care insurance profitable: what the business risks are, what is being done to mitigate them, what kind of reports are needed, and how these differ from reporting on other types of health insurance.

Description: This presentation from Session 34 of the SOA June 2005 New Orleans Health/Pension Spring Meeting discusses the changing risks faced by sponsors of defined benefit pension plans and how actuaries can help these plan sponsors adopt investment and funding strategies that will help manage these risks. From the Record of the Society of Actuaries, Vol. 31, No. 2.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 Charts to be attached to the session on 'Minimum Guaranteed Benefits on Variable Annuities'.

Description: Regime switching models have become a popular tool in econometric time series modeling since their introduction in Hamilton [1989].These models have been widely applied for equity-returns for investment guarantees. A prominent risk management challenge is hedging these guarantees, given the equity regime switching process. This presentation develops some methodologies for regime-switching portfolio replication and use real world data to demonstrate and evaluate their effects. A Bayesian approach for regime switching model fitting is used, which allows for the examination of the robustness of each of the optimization methods when parameter uncertainty is present.

Description: What is the impact of aging populations on economic growth and interest rates?” “Are low interest rates and inflation a short-term phenomenon?” “How will returns from different asset classes be impacted by future demographic trends?” “What are the differences between different countries and regions around the world?”

Description: From the 1985 Valuation Actuary Symposium A review of the process involved in making an actuarial opinion and in developing the related actuarial report to management. This was accomplished through a case study approach, specifically covering a universal life product.

Description: Panelists discuss some of the latest developments and actuarial involvement in the area of risk management for insurance companies. Included is a discussion of value-at-risk [VAR]. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.