Description: This session reviewed the distinctions and blurring of those distinctions between group and individual life insurance. Topics include differences in underwriting, legal constraints, marketing and distribution, and the nature of guarantees provided

Description: Discussion of developments in actuarial education, the regulatory licensing process for actuaries signing off on reserves and financial statements, and social security in Poland

Description: A review of the recent history of the actuarial profession in Pakistan and the near term future as of the year 2000.

Description: Discusses the steps taken in Singapore to improve governance and enhance disclosure for traditional life participating business.

Description: Discussion of organizations that influence reinsurance regulations

Description: This paper presents the following insurance cases: United States v. Henning, Hogan v. John Hancock Mutual Life Insurance, Mutual Life Insurance Company v. Weigel, Freeport Sulphur Company v. Aetna Life Insurance Company, Mabbitt v. Wilkerson, Mutual Life Ins. Co. v. Daniels, Motors Insurance Corporation v. Robinson, Neff v. Massachusetts Mutual Life Insurance Company, Re Schwarz' Estate from Pennsylvania Supreme Court, Harding v. Pennsylvania Mutual Life Insurance Company, Beley v. Pennsylvania Mutual Life Insurance Company, Aetna Life Insurance Company v. Reed, and Toulouse v. New York Life Insurance Company.

Description: Topics and cases discussed include: Pension Plan Tort Liability for Incomplete Information: Gediman v. Anheuser Busch Deposit with State Treasurer Liability for Release to Insurance Commissioner: Hometrust Life Insurance Company v. United States Fidelity and Guaranty Company.

Description: This discussion covered: 1. The extent to which companies' net earned interest rates have risen above their low points from that of several years ago and 2. The NAICs' new method of dividing amortizable bonds into two classes in the valuation of securities

Description: This 1981 session reviewed the relationship of group and individual insurance. Topics include differences in underwriting, legal constraints, marketing and distribution, and the nature of guarantees provided

Description: In this paper, Chapter VII of the 1987 Valuation Actuary Handbook, the author, an attorney with the American Academy of Actuaries, discusses the valuation actuary concept, starting with the current regulatory system. The potential legal implications, including personal liability, are explored. The author notes that “perhaps most significant is the fact that by increasing the scope of the valuation actuary’s duties, the nature and scope of potential professional liability also increase.”