Description: This session from the 1983 SOA Spring Meeting discusses different profitability or performance measures for insurance company lines of business, measurement on a statutory or GAAP basis and determining statutory surplus. From Record of Society of Actuaries Vol. 9, No. 2.

Description: This session 12PD of the 2005 Valuation Actuary Symposium covers issues related to financial statement disclosure. Panelists discuss financial statement disclosure requirements in the United States and other jurisdictions and examine the quantity and quality of financial risk disclosures by life insurance companies.

Description: This session from the 2003 SOA Orlando Meeting covers profit measures including IRR, ROE, ROA, RAROC and embedded value that are appropriate to use for various products and the pitfalls of each of these measures. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: In session 85OF of the Montreal Spring Meeting panelists discuss reserving requirements, methods, and risks associated with offering Guaranteed Minimum Death Benefits GMBD on variable annuities. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: As the Valuation Manual continues to evolve and PBR standards for additional products are drafted and incorporated, it will become increasingly important for companies to understand how the requirements are consistent across products, as well as how they differ. The presenters will scan the life (VM-20) and annuity (VM-21, VM-22) PBR standards across the Valuation Manual to compare and contrast key requirements. Attendees will learn where common methods and techniques can be used across products and platforms.

Description: 1993 SOA Annual Meeting, New York. This session is about the new methods of actuarial accounting and other methods in other countries: United Kingdom, Australia and Mexico. Topics included: 1. An overview of the most significant overall trends being addressed worldwide in the area of life insurance accounting. 2. Australian trends. 3. Trends in the UK. 4. Trends in Mexico.

Description: In this presentation from the 2003 SOA Orlando Meeting, equity analysts describe their views of the quantitative and qualitative factors that drive insurance company stock market valuation levels. The analysts identify current issues and concerns for the companies they cover. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: From a panel discussion session at the 2002 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, September 19–20, 2002 Panelists discuss the embedded value process, including discount rate, uses for embedded value reporting and implementation issues. Also included a discussion of fair value accounting methodology.

Description: This is a discussion of the paper, A Practical Method of Forecasting a Life Insurance Company's Gross Operating Earnings for the Current Year by J. Barrett Walker. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.

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.