Description: 1993 SOA Meeting, Quebec. This session discussion is about accounting, collateralized mortgage obligation structures, hybrid bonds, federal income taxes, fair-value disclosures and derivatives.

Description: 1994 SOA Spring Meeting, San Francisco. In this interactive presentation, the panel fielded investment questions from the audience. Prepared and audience questions included: 1. What is the FLUX measure? What's it supposed to do for regulators and insurance companies? 2. What sort of things really went on that caused the difficulties at Executive Life, First Capital, and Mutual Benefit? 3. What are some examples of hedges that you would recommend for a $100 million SPDA portfolio to try and combat the effects of rising interest rates? 4. Given the changes that experienced in interest rates, what's that been doing to the durations of typical interest-sensitive liabilities? 5. What do you do to hedge with derivatives or whatever if interest rates are going down? 6. What level of asset-liability matching do companies usually target? How do regulators view this?

Description: [Title should have been 'Communication by Actuaries WITH Investment Professionals ....'] Actuaries working with investments must communicate not only with investment professionals, but also with senior managers and board members with non-financial backgrounds. Panelists show and critique examples of communicating such information using statistics and graphs. From the 2002 Record of Society of Actuaries, Volume 28, No. 3. Session 136PD of the Boston Annual Meeting.

Description: This session 10 of the 1990 Valuation Actuary Symposium is a panel discussion on collateralized mortgage obligations and other asset projections.

Description: 1993 SOA Annual Meeting, New York. This session discussion is about asset prepayment assumptions for regulatory cash-flow testing. Topics included: 1. The prepayment characteristics of corporate bonds with embedded options. 2. How much prepayment and redemption activity has taken place within that market. 3. Techniques that corporate bond issuers have used to retire debt prior to maturity. 4. The investment implications. 5. The impact that prepayments have on MBS price and return performance. 6. The challenges of prepayment modeling.

Description: This session from the 1984 SOA New York City Meeting discusses financial futures and options, an example of using options to hedge a risk, investment optimization and taxation. From Record of the Society of Actuaries Vol. 10, No. 3