Description: Gather with members and non-members in the China actuarial community to discuss recent topics and related issues in areas such as macroeconomic sharing, pension, investment, product strategy, and more.

Description: From the 1985 Valuation Actuary Symposium Discussion of the practical application of cash flow testing in the valuation process.

Description: The discount rate is one of the most critical topics in IFRS 17 and may have important repercussions on product profitability. The presenters will cover practical implementation considerations, including alternative approaches to illiquidity premium calculation for business supported by fixed assets with credit risks. Other implementation considerations will also be covered, including granularity of setting the discount rate, application to new business, and implications on asset and liability modeling. The presenters will then discuss how discount rates could be utilized in an Economic Scenario Generator (ESG) to assist IFRS17 calculations, particularly for risk-neutral valuation of the time value of options and guarantees.

Description: 1988 Valuation Actuary Symposium. In this session the speaker talked about the nonparticipating guaranteed life insurance segment with a concentration on the specific characteristics of the model he used. A Group Life and Health operations segment model was also presented.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 This session talks about the issues that smaller companies deal with. Topics included: • Section 7 opinions —changing cash-flow testing requirements • C-3 risk-based capital requirements and methodologies • Setting and resetting X factors for Regulation XXX • Developing internal management systems • Regulatory update • Using outside consultants

Description: The purpose of this paper is to set forth a mathematical technique which in the author's experience has proved useful in testing the tax implications of various management actions.

Description: Economic Scenario Generator - Investment Section Web Series - Risk Neutral

Description: From the 1986 Valuation Actuary Symposium, held in Washington DC in October 1986 Examination of the nuts and bolts of cash flow testing analysis.

Description: This paper presents a policy-year model for GAAP valuation of reinsurance accepted on the coinsurance and modified coinsurance bases. Also presented are the interrelationships between the model's methodology and statutory accounting procedures, a discussion of experience-refunding situations, and a demonstration of the model's ability to yield GAAP profits as a level percentage of premium. From Transactions of Society of Actuaries 1981, Vol. 33.