Description: Discussion of the movement toward principle-based reserves for LTC insurance.

Description: An article that captures views from several actuaries on critical issues for the profession. From The Actuary, November 1994, Vol. 28, No. 9.

Description: In-depth discussion about the experiences of companies with plans like level-premium term to 100, in both U.S. and Canada: pricing considerations and techniques, lapse experience, sensitivity testing, regulatory history and recent activity, and establishing an adequate reserve. From the 1987 Record of Society of Actuaries Vol. 13, No. 4A.

Description: The degree of interaction between actuaries and lawyers practicing in the pension area has increased significantly in recent years. On the one hand, plan sponsors may gain from this interaction, as members of the two professions bring different perspectives and different sets of skills to bear on their problems. On the other hand, there may be friction in situations where the roles of the actuary and the lawyer overlap. This panel discussion focuses on the various ways in which actuaries and lawyers interact, and suggests ways to minimize the friction between them. From the Record of the Society of Actuaries Vol. 17, No. 4B.

Description: This open forum was presented as Session 8A at the 1987 Valuation Actuary Symposium. The panelists discuss participating insurance, and how it differs from other lines of business under the Valuation Actuary concept. The topics covered include cash flow analysis and testing, asset liability management, and investment strategy. The presentation notes that the focus of asset liability management for participating insurance is not the guaranteed values, but rather maximizing dividends consistent with policyholder expectations. Comments from attendees are included.

Description: This session provides up-to-date information on the education/examination redesign effort. From Record of Society of Actuaries, Vol. 23, No. 1.

Description: At this session of the SOA 2004 Annual Meeting, the authors of a text on mergers and acquisitions each discuss their contribution to the book, which covers all aspects of an acquisition.

Description: This discussion at the SOA 1968 Philadelphia and Los Angeles Regional Meetings focuses on federal income tax questions including recent rulings, company organization around tax work, the role of actuaries, and Canadian developments.

Description: In this paper, a general multivariate duration analysis is introduced that does not depend on a mathematical formulation of the way in which a yield curve moves. Consequently, complete price sensitivity information is derived which is equally applicable in all yield curve environments. In addition, this model is practical and relatively easy to apply. From the Actuarial Research Clearing House ARCH 1989 Vol. 2.

Description: From session 43TS at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999 Presenters discuss the growing pressure, due to the globalization of commerce and industry, for a uniform set of worldwide accounting standards, and the form that these standard are likely to take.