Description: 1997 Valuation Actuary Symposium, Session 20 explores financial performance measurement.

Description: In the United States, there has been much industry discussion of the challenges associated with a sustained low interest rate environment, which impacts both the asset and liability sides of the balance sheet in unfavorable ways. The intent of this article is not to focus on these strategic issues. Rather, we attempt to shine a spotlight on some of the modeling challenges that practicing actuaries may experience when incorporating negative interest rates into their models.

Description: The purpose of this reports is to define topics and provide information on techniques currently available in support of the development of dynamic solvency testing, DST. The paper covers topics of the time frame for analysis, scenario interpretations, credibility, confidence standards and reliance guidance.

Description: This session at the 1998 Valuation Actuary Symposium offers an overview of emerging and recent developments in financial reporting, statutory and GAAP accounting areas.

Description: This paper examines inclusion of the value of future new business in value-added financial reporting. The objective of the paper is to develop methods to provide useful information to management that links the pricing, planning and reporting process.

Description: This discussion at a 1967 Regional Meeting is about methods of allocating investment income using the investment year method, the treatment of unrealized capital gains, considerations in choosing interest assumptions, and challenges presented when comparing investment yields among companies.

Description: In this article, a numerical comparison of two commonly used FIA valuation methodologies is conducted to help insurers decide on the best methodology to use under GAAP LDTI and VM-22. We compared two modeling approaches to project the future index credits with the annual point-to-point crediting formula: Tthe stochastic equity crediting model and the deterministic option budget crediting model. The analysis is then extended to different levels of option budgets and the monthly average crediting formula. The advantages and disadvantages of the two equity return projecting approaches are also highlighted and will be discussed later in the report.

Description: Blazing the Path for a Unified Valuation System by David K. Sandberg from The Financial Reporter, June 2000, Issue No. 42.

Description: In session 131 PD of the New York Annual Meeting panelists discuss ways to maximize the usefulness of value-added methodology, especially the leveraging of value-added information. From the Record of the Society of Actuaries, Vol . 24, No. 3.