Description: What do we do now? So many changes in tax and financial reporting are having an impact on smaller insurance companies. What do we need to do and what are our options? Tax and financial reporting specialists discuss what is happening and what they see in the industry.

Description: This summary of a session at the April 1976 Washington D.C. meeting presents information related to Solvency Standards for Life Companies and issues related to solvency standards and reserves.

Description: This session from the 1984 SOA Atlanta Meeting covers statutory reporting, GAAP reporting, management reporting and accounting treatment of new generation life and annuity products such as universal Life, UL and flexible premium annuities. It also discusses the NAIC proposed regulation for univeral life insurance and the actuarial opinion required under the regulation.

Description: Presented at June 1986 Spring Meeting. This discussion is about the work of the committees of the Society of Actuaries and American Academy of Actuaries in advancing the role of the valuation actuary: Current status of the valuation actuary movement, Standards of practice, Qualification requirements, The valuation actuary in Canada.

Description: Discusses status of compliance with NAIC Annual Statement Blank requirement, survey of regulatory responses to interrogations, comments of the American Academy of Actuaries Task Force on first year results, and use of non-guaranteed elements in sales presentations. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: This session at the SOA 1990 Annual Meeting is about techniques, methods, and assumptions for projecting cash flows for reserve analysis with emphasis on year-end reporting and communicating results. New York Regulation 126, proposed changes to the Standard Valuation Law, and actuarial standards of practice are discussed.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss strategies employed in Canada and the United States to restructure life insurance costs. They discuss levelized commissions and commission financing, joint ventures and reinsurance, ‘sale’ of strain and loads, statutory liability review, and the effect of tax law changes, including the ‘DAC tax.’ Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: 1993 SOA Meeting, Quebec. Actuaries doing reserve testing under new valuation standards face decisions as to how to test for the C-1 or asset default risk. Related topics discussed: 1. The different purposes of evaluating C-1 risk. 2. Some of the evaluation methodologies used. 3. The sources of data to make your assumptions. 4. Some real-life issues and problems, focusing specifically on mortgage loans. 5. An overview of the Society's Credit Risk Study which looked at private placement and mortgage loan credit losses. 6. Practical considerations in modeling C-1 risk and living up to the applicable professional standards.

Description: Presented at May 1996 Spring Meeting. This session provides an update on current annuity financial reporting topics, including: status of annuity valuation law revisions and proposed Actuarial Guideline GGG.

Description: In session 148PD of the Washungton Annual Meeting the Panel discusses changes in current accounting practices and identifies issues that might directly impact actuaries. From the Record of the Society of Actuaries, Vol. 23, No. 3.