Description: This session from the 1995 SOA Vancouver Meeting discusses recent economic developments leading many companies to reduce their workforce, examines the impact of this activity on the pension plan, nondiscrimination rules and explores design options that have been used in conjunction with downsizing. From the Record of the Society of Actuaries, Vol. 21, No. 3a.

Description: This is a discussion about overinsurance and duplication of coverage - hospital and medical expense limits. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2

Description: This presentation is a panel discussion, session number 44PD, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The panelists share their perspectives concerning the current economic environment. They address the impact on the valuation environment and the appointed actuary, statutory and GAAP implications, and the increasing value of actuarial expertise. Topics covered include demographic considerations, rising health-care expenditures, increased investor scrutiny, and the cost of regulation, NAIC developments, solvency and liquidity, and investment opportunities and challenges in the current economic environment. Discussion from participants is included.

Description: This session from the 1983 SOA Vancouver Meeting looks at the use of variable economic assumptions for pension plans including variable investment returns, variable pay increase assumptions and the amortization of the unfunded actuarial liability. From Record of Society of Actuaries, Vol. 9, No. 3.

Description: Presented at October 1985 Annual Meeting. Discusses risk measurement and quantification, cash-flow-based surplus, factors that affect benchmark surplus, how multiple risks can be combined for benchmark surplus, benchmark surplus and the valuation actuary, and uses of benchmark surplus formulas.

Description: Presented at October 1996 Annual Meeting. This session explores both conceptual and practical considerations involved with the formulation and implementation of investment strategy: decision-making framework and processes, measurement of risk and reward, constraints, modeling.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 The panel discusses: 1 Financial modeling tools used by the actuarial profession, 2 Pricing techniques used by Wall Street financial analysts, 3 Advantages and disadvantages of each approach 4 Market implications of each approach, and 5 Potential for harmonization of the two techniques.

Description: From a session at the Spring meeting of the Society of Actuaries held in San Antonio, Texas, June 14-15, 2004 Speakers discuss the approaches to quantifying investment risk, including the credit risk subcomponent and mismatch risk sub-component in the three different types of risk-based capital RBC framework commonly used, such as regulatory, rating agency and company-specific economic-based formulas.

Description: This presentation is a panel discussion, session 56PD, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. Tail risk, long recognized as important to insurance organizations, is being evaluated in a new light, with new approaches. The panelists review various approaches for measuring tail risk and how to price for tail risk using capital-market consistent techniques. From the Record of Society of Actuaries, Volume 30, No. 2.

Description: Presented at September 1995 Valuation Actuary Symposium. Discusses capital measurement and management, target return on capital, and economic value added as a tool for capital management and performance measurement.