Description: Why do so many companies have great strategies but still fail? One reason is that they don’t know how to execute. At this session 31TS of the 2004 Valuation Actuary Symposium we discuss the bestselling book Execution: The Discipline of Getting Things Done by Larry Bossidy and Ram Charan.

Description: The Financial Reporting and Product Development Sections, along with the Committee on Life Insurance Research are pleased to make the following report available. Prepared by Bruce Rosner of Ernst & Young, the report summarizes the findings of a stochastic modeling efficiency study. With the help of twelve life insurance and annuity companies, the study tested six techniques for reducing the number of model points or scenarios required to achieve a given level of precision in stochastic actuarial modeling.