Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the duties and responsibilities of appointed actuaries, including compliance with qualification standards and actuarial standards of practice. They discuss the United States, where new regulations were recently adopted by the National Association of insurance Commissioners [NAIC], developments in Canada, where new legislation is expected to pass, and also world practice, looking at Europe and the U.K. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: This paper provides a novel approach to the valuation of the market value of economic surplus that is stable and immune from “market noise”.

Description: From the 1985 Valuation Actuary Symposium Demonstration of the usefulness of the concepts of duration, interest rate sensitivity and, in particular, market values in analyzing the ability of assets to meet future liability demands.

Description: 1994 SOA Spring Meeting, Orlando. This session is about Asset/Liability Management from property and casualty and life insurance perspectives in Europe and North America.

Description: Brief summary of how asset/liability management for life insurance companies has evolved over the last decade.

Description: This case study is intended to educate insurance professionals on historical insurer impairments and insolvencies and possible future prevention indicators.

Description: How insurers can include a liquidity score and liquidity stress scenarios as part of their asset liability management (ALM) protocol.

Description: Companies operating in international markets have additional issues to consider from a risk management point of view. Fluctuations in exchange rates, political and sovereign risks, regulatory issues, capital management and human resources considerations are among these. This session gives attendees the opportunity to understand how multinationals currently deal with these issues and how they are functionally structured to handle the risk management process. From the Record of the Society of Actuaries, Volume 29, No. 1: Washington, D.C. Spring Meeting, May 29–30, 2003, Session 30PD.

Description: Discusses a case study based on an actual asset/liability management situation, and is reviewed by the consulting actuary, the chief executive officer and the investment officer involved. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: This case study is intended to educate insurance professionals on historical insurer impairments and insolvencies and possible future prevention indicators.