Description: The speaker will share his insights into the hedging challenges faced by FIA and VA business in the current market environment.

Description: Panelists discuss issues related to equity-indexed annuities EIAs. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: Panelists discuss various aspects of proposing, developing, and managing equity-indexed insurance products. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: Panelists discuss: [1] an overview of the market, the product, and interest modeling, [2] current product-related regulatory activities with the NAIC and elsewhere, and [3] dynamic hedging. Session 31PD of the 2005 Valuation Actuary Symposium.

Description: Article discusses the mechanics of index-linked annuities and the growth of RILAs

Description: The objective of this article is to help indexed annuity writers understand the pricing practices and ALM strategies used by their peers in the industry, especially in light of the prevailing low interest rate environment and a possible rise in interest rates.

Description: State insurance department actuary, who also is on two committees of the National Association of Insurance Commissioners [NAIC], discusses current NAIC activities regarding nonforfeiture, sales illustrations, and replacements for life products and sales illustrations for annuities, as well as equity-indexed annuities [EIAs]. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: In session 8PD of the New York Annual Meeting the panel discussion focuses on a range of problems encountered in managing a book of derivatives supporting an existing equity-indexed portfolio. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: The proposed revisions to the variable annuity statutory framework and the FASB targeted improvement for long duration contract, motivate life insurance companies to re-evaluate their hedging strategy. Recently proposed revisions of AG 43/VM-21 and C3 Phase II, reward companies that have a clearly defined hedging strategy, if the companies can demonstrate that the valuation model and capital model can estimate real hedge performance accurately. The speakers of this session will discuss the hedging implication of the proposed AG 43/VM-21 and C3 Phase II framework. Additionally, methodology computational requirements, back-testing results under different economic scenarios and the resulting hedge credits of different hedging strategies will be compared, including explicit dynamic hedge and implicit dynamic hedge. The speakers will also touch on the impact of rebalance frequency on the performance of dynamic hedge. Case studies will be presented to provide guidance on practical implementation.

Description: 1996 Valuation Actuary Symposium. This session about equity-indexed annuities addressed product designs, reserving issues, accounting issues, and cash-flow testing issues.