Description: Paper discusses the possible effect of outliers on the mortality index from the Lee-Carter Model. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: 1993 SOA Meeting, Quebec. This session is about FAS 97 including assumption setting, timing issues, unlocking of assumptions and restatement of unamortized acquisition costs, purchase accounting, and handling the EITF ruling.

Description: This panel discussion is about the latest developments in public sector retirement plans including regulatory trends, funding requirements, benefit trends, pressures on assumptions, qualification and the effect of Internal Revenue Code limits. From the Record of the Society of Actuaries Vol. 17, No. 3.

Description: This session from the 1995 SOA New York City Meeting presents GAAP for mutual life insurance companies including the implications of FASB issued Financial Interpretation 40, GAAP issues for mutuals, DAC, dividends and FAS 120. From the Record of the Society of Actuaries, Vol. 21. No. 2.

Description: This session 151TS of the New Orleans Spring Meetinguses real life examples to demonstrate the more complex collateral types and structures and the risks and rewards of these financial instruments. From the Record of the Society of Actuaries, Volume 27, No. 3.

Description: This presentation is a panel discussion, session number 34PD, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. A fundamental step in stochastic asset/liability modeling is to choose an appropriate underlying economic scenario generator. In this session, panelists discuss various scenario generation techniques and theories, assumptions underlying interest and equity scenario generators, and choosing suitable economic scenario generators for different applications, the two most common being pricing models [for assets and liabilities], and risk analysis models, used for asset/liability management, investment strategy, regulatory solvency, and capital adequacy. Discussion from participants is included.

Description: This paper examines the Guaranteed Investment Defined Contribution GIDC plan issues, including its general design, regulatory and nondiscrimination compliance, current liability properties, PBGC premium requirements, interplay between long-term investment guarantees and actual investment choices, and miscellaneous considerations. From Cash Balance Symposium Monograph, M-RS02-3.

Description: The purpose of this endeavor was to undertake a research project on term conversion experience with a particular focus on conversion rates and mortality experience of term to permanent converted policies.

Description: Guest speaker Fred Carr [notably, of Executive Life Ins. Co.] talks about three risks in the life insurance and financial services industries: interest-rate risk, management risk, and credit-quality risk. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: 2003 Valuation Actuary Symposium, San Diego, CA. This panel imparted an understanding of the International Accounting Standards Board's work on finalizing standards for insurance investment products. Companies domiciled in European Union countries will be required to report financial statements under International Accounting Standards in the near future.