Description: This is the general session from the 2003 SOA Orlando Meeting with keynote speaker, Dr. J. Craig Venter who discusses sequencing the human genome, dog genome and mouse genome and the impact on the practice of medicine. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: This presentation is an open forum from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss current events in individual life product development, and their impact on product design. Topics include proposed changes to the Standard Nonforfeiture Law for life insurance and annuities, multilife products, product guarantees, and solvency concerns. The Canadian perspective is presented as well. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: Discussion of the process for determining the premium for a life insurance product which pays the cash value in addition to the face amount upon death. This type of policy fulfills the specifications of a split-dollar or minimum-deposit sales approach. Followed by several discussion papers submited.

Description: This article explores the impact of the tsunamis which hit the shorelines of nine countries in Southeast Asia on December 26, 2004.

Description: After 3 1/2 years of work, a Committee to Review the Functioning of Financial Institutions, chaired by former Prime Minister Sir Harold Wilson, published its Report in June. Two F.I.A.‘s were prominent in its work: Mr. Cordon V. Bayley, a past president of the Institute, was one of the 18-member committee; Mr. Peter G. Moore, a past Institute vice-president, was a committee consultant, specially for its study of pension fund. An article on the Report is planned for our next issue.

Description: Discusses bond-default history in the United States, implications for insurance-company asset determination, regulatory concerns about recent investing by insurance companies in low-grade bonds, valuation-actuary needs to consider in these cases, and another suggested method for modeling the C-1 Risk in the context of the valuation actuary's cash flow review. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: A paper on investment results of life insurance companies investing in high-yield, lower quality bonds, September, 1999.

Description: Information to help participating companies prepare a complete and precise submission for the experience study.

Description: Risk management theory prescribes a few legitimate reasons for management to hedge corporate revenues and reduce income volatility. In this paper we will use the oil tanker industry to illustrate some of these strategic considerations and how management can account for them in their decisions regarding whether and how much to hedge. Further work is needed to incorporate these considerations into a broader theoretical framework. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: Full version of Product Matters! March 2005, Issue No. 61.