Description: As the portion of inforce business valued under PBR grows, it becomes increasingly important to not only calculate reserves for point-in-time valuation but to also project reserves. This is especially critical for actuarial functions such as pricing, business strategy/forecasting, and asset adequacy testing. In this session, we will review PBR projection techniques based on work completed by the American Academy of Actuaries when developing the PBA Projection Practice Note. In addition, this session will examine specific challenges that can arise when actuaries use models to project reserves at future dates. Topics covered include mortality improvement, credibility, scenario generation, starting asset projections, and various other technical issues related to nested modeling requiring both inner and outer loop projections.

Description: A presentation on the principle of equivalent utility from the 2001 ARCH. Contains both the static and dynamic model as well as examples with exponential utility.

Description: This session from the 2005 SOA New Orleans Meeting discusses issues and concerns related to asset-liability ALM modeling. From the Record of the Society of Actuaries, Vol. 31, No. 1.

Description: This 1997 Valuation Actuary Symposium, Session 15 focuses on life modeling.

Description: 1993 SOA Annual Meeting, New York. This session is about new developments in graduation methods.

Description: In session 40PD of the 2004 Valuation Actuary Symposium, panelists discuss theories and assumptions underlying scenario generators, evaluating appropriateness of generated scenarios, choosing suitable economic scenario generators and use of representative scenarios.

Description: Presented at September 1995 Valuation Actuary Symposium. This sessions talks about financial projections as a management tool and tough issues which may have to be addresses in making such projections.

Description: 1998 Valuation Actuary Symposium. The panelist discussed techniques for modeling real estate asset-backed securities, measuring option risk, and managing option risk.

Description: 1997 Valuation Actuary Symposium, Session 21 looks at advanced topics in annuity modeling.

Description: The presenters will discuss predictive analytics as applied to recent group life and disability experience studies and other applications.