Description: Panel discussion focused on the Effective Use of Capital. Topics included: 1. Definition of capital 2. Appropriate level of capital and surplus in a life insurance company 3. Alternatives for deploying capital 4. Returns a life company should demand on invested capital 5. How much a company should charge for lending its capital in reinsurance transactions

Description: Life Insurers today are collecting huge volumes of text data though heterogeneous sources which if harnessed in a streamlined process can lead to enhanced decision making for pricing, product development, experience studies etc. This session would introduce the technical framework which can be used to derive insights from unstructured data like raw text.

Description: Panelists define and discuss futurism, discuss their proposed upcoming study note, 'Futurism for Actuaries,' and show how futurism can be – and has been – employed in an actuary's practice. Then, the audience is put in groups by practice area to discuss and develop actual futurism tasks – group reports are included here. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4B.

Description: Effective strategic decision-making helps insurance firms succeed by, among other things, enhancing profits and return on investment. Capital optimization is a crucial component for business leaders to consider when it comes to financial planning, new business strategy, and evaluating corporate structures. Actuaries have a vital role in evaluating and communicating key risks and impacts on the capital position for such strategic decisions. In this session we will be exploring in detail the range of practices when it comes to: Assessing the immediate impact to capital from corporate strategy and new product design Creating a forward-looking assessment of capital across the business planning horizon, including considerations with regards to the change in risk profile due to strategic action Keeping pace with internal demand to ensure that capital is part of the decision making process Providing analysis of sufficient quality to allow management understanding of key drivers of change and how their decisions influence results

Description: 1992 SOA Annual Meeting, Washington, D.C. The stated purpose of this session was to discuss specifically how a company can manage and improve its financial performance as measured by the statutory financial statement. Eleven strategies to improve performance were addressed.

Description: 2004 SOA Annual Meeting and Exhibit, New York. This session addressed the consolidation in the industry and the associated impact on the relationship between the ceding company and its reinsurers.

Description: Discussion from the April 1982 Society of Actuaries meeting in Orlando on the diversification of life insurance companies including recent experience in acquisitions, and changes in corporate structure of life insurance companies. This panel from the April 1982 Society of Actuaries meeting in Orlando discussed the diversification of life insurance companies. Topics included: 1. Recent experience in the acquisitions, diversification and corporate structure of life insurance companies. 2. Factors causing companies to change the forms of their operations. 3. Process for life insurance companies deciding on their paths.

Description: Discussion of the diversification activities of a number of life insurance companies. This includes the formation of, or acquisition of, property and casualty insurers, variable annuity companies, mutual fund management companies, banks, finance companies, leasing companies, real estate development companies, televisions and radio stations, newspapers, software consultants and other corporate enterprises. Discussion includes: 1. Activities really compatible with the llfe insurance product. 2. Activities otherwise compatible with corporate objectives or offering potentially large profit centers. 3. Activities which can be an excessive drain on corporate earnings and executive manpower 4. The actuary's role in these diversification activities. Then the discussion goes into a discussion of corporate planning models

Description: This panel discussion was about the concept of futurism and how it applies to actuaries in their profession. From the 1977 Record, Vol. 3, No. 4.