Description: This letter from the President of the SOA finds that the changing nature of the risks our stakeholders face creates an opportunity for the actuarial profession, if our reactions meets their needs. From The Actuary, February 2012, Volume 9, Issue 1.

Description: The purpose of this paper is to examine the various profit objectives used in the development of a new product for a stock life insurance company. From Product Development Section Monograph, M-AS99-3.

Description: The author, noting the inadequacy of traditional ‘rules of thumb’ used for profit objectives, demonstrates that, assuming a stock life insurance company’s objective is to maximize its current value, the profit objective can be expressed as maximizing ‘the present value of book profits per unit of limiting constraint.’ Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1983 Volume 35.

Description: This session discussion is about the trends in a life insurance products in the 1980s have included graded premium whole life, universal life, excess interest whole life, variable life and single premium whole life. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: 1993 SOA Annual Meeting, New York. This session was about defining lifetime marketing, a calculation of the lifetime customer value, and database marketing.

Description: 1994 SOA Spring Meeting, San Francisco. This session addressed some of the unanswered questions with respect to Appointed Actuary issues. Questions addressed: • Should stockholder dividends be included in the appointed actuary's reserve/asset adequacy analysis? • How are appointed actuaries handling Section 7 Opinions in states that have not yet adopted the model regulations? • How are appointed actuaries addressing the aggregate requirement in the state of filing? • What about retroactive/extraterritorial reserve requirements? • Are appointed actuaries addressing the going-concern issues for undercapitalized companies? Should they?

Description: Full version of Reinsurance News, July 2007, Issue No. 60.

Description: A discussion of the Canadian Institute of Actuaries’ (CIA) University Accreditation Program (UAP).

Description: This session from the 1984 SOA Atlanta Meeting covers the deregulation that has already occurred within financial industries including banking regulations regarding underwriting and selling insurance and some insight into possible future deregulation.

Description: Life insurance companies find themselves in a significantly more complicated environment than that of just a few years ago. Managements face an uncertain investment environment, the real possibility of deteriorating future mortality due to the spread of AIDS, and alternative and competing distribution systems.