Description: Panelists at this session of the SOA 1998 Maui I Spring Meeting discuss the challenge of how to regulate and account for the growing number of derivative products in the context of their multiple applications.

Description: 1999 SOA Regional Meeting, Atlanta. In this XXX update panelist discuss: 1. History of XXX. 2. Developments and the impact of changes on the original XXX. 3. Impact of changes on the pricing actuary. 4. A regulatory perspective from a regulator.

Description: Treasurer’s Report: “Wait Until Next Year” by Larry Gorski from The Financial Reporter, June 2000, Issue No. 42.

Description: This session is about the measurement and management of the risk of transfers by plan participants to and from alternative investment options within GICs sold to 401 k plans. Includes a discussion of the various types of GICs marketed.

Description: The NAIC Life Risk-Based Capital Working Group has been working on modifications to the C-3 interest rate risk component of the statutory risk-based capital formula. Changes being considered may have a significant impact on the work of the valuation actuary. From the Record of the Society of Actuaries, Vol. 25, No. 3. San Francisco Annual Meeting CA, October 17–20, 1999, Session 33PD.

Description: Presented at October 1996 Annual Meeting. This session focuses on implementation and regulatory interpretation issues.

Description: Presented at September 1995 Valuation Actuary Symposium. Regulators discuss their expectations from the Actuarial Report based upon asset adequacy analysis.

Description: 1996 Valuation Actuary Symposium. Topics discussed in this session included developing an approach to quantifying C-3 risk and exploring ways to improve the C-3 component of the NAIC RBC formula.

Description: In 2005, the Life and Health Actuarial Task Force [LHATF] of the National Association of Insurance Commissioners [NAIC] requested that the actuarial professional bodies develop mortality tables for reserving that would better reflect the actual mortality of companies for the mortality of preferred risks underwritten in the marketplace today. Setting different levels of valuation mortality appropriate for preferred risks would largely address issues of reserve redundancy due to the assumption of mortality. This interim report covers the Data Validation, Underwriting Criteria, and Experience Analysis portions of this project.

Description: Provides an overview of the proposed regulations for calculating risk-based capital [RBC] C-3 Phase II and statutory reserves [VACARVM] on death- and living-benefit guarantees provided by variable annuities, and their status. Panelists also discuss the conceptual and practical considerations involved with mapping investment options to modeled funds, setting assumptions for revenue-sharing, mortality, and other prudent best-estimates, selecting model points and major design decisions, coordinating the required calculations, and handling the workload at year end along with documentation requirements. Session 25PD of the 2005 Valuation Actuary Symposium.