Description: This presentation is an open forum, session 58OF, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. The panelists present both theoretical and practical perspectives of the role of assumed asset returns and credit spreads in determining the fair value of policyholder liabilities. They cover financial economics, how other financial service companies value liabilities, what factors go into determining an appropriate discount rate for insurance liabilities, and issues currently being debated by the International Accounting Standards Board [IASB], and the Financial Accounting Standards Board [FASB]. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 2.

Description: Presented at May 2002 Spring Meeting. Discusses emerging trends worldwide in financial reporting, management, FASB and how to look at a performance management tool.

Description: This session 30 PD of the New Orleans Annual Meeting discusses how several organizations, with representation from a number of countries, are currently drafting new standards to create uniformity across nations. From the Record of the Society of Actuaries, Volume 27, No. 3.

Description: 1999 SOA Annual Meeting, San Francisco. The panel examined the current efforts of several organizations to craft the next century's insurance valuation framework, and how these efforts are reshaping the way we will do business in the future.