Description: This session at the 1997 Valuation Actuary Symposium focuses on modeling issues for variable annuities from both a statutory and GAAP standpoint. Valuation actuary issues with respect to variable annuity modeling is also discussed.

Description: 2003 Valuation Actuary Symposium, San Diego, CA. Panelists in this session discussed embedded-value and fair-value practices, similarities and differences between EV and fair value, and whether embedded value and fair value are evolving into a single, principles-based measure of value.

Description: From a panel discussion session at the 2002 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, September 19–20, 2002 Panelists discuss the embedded value process, including discount rate, uses for embedded value reporting and implementation issues. Also included a discussion of fair value accounting methodology.

Description: Panelists in this session at the 2004 Valuation Actuary Symposium discuss current embedded value and fair-value practices, similarities and differences between embedded value and fair value, and benefits and drawbacks of embedded value, fair value and other measurement systems for internal management purposes.

Description: 2004 SOA Annual Meeting and Exhibit, New York. This session on term insurance covered the general term insurance marketplace, return of premium term, and securitization and how that has impacted the term marketplace.

Description: Panelists discuss current market dynamics, product features, claims adjudication, changes in underwriting requirements, and modeling. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, November 29-30, 2001 Actuarial models must both accurately portray the assets and liabilities in question and produce relevant and meaningful projection results. The panel discusses important considerations in: • Proper organization of a model • Structuring of a model for an intended purpose i.e., pricing versus financial reporting, statutory versus GAAP accounting • Static and dynamic model validation techniques • Data integrity

Description: From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, November 29-30, 2001 Discussion of financial restructuring trends and the impact of those trends on the insurance industry and challenges for those companies that have recently experienced some form of financial restructuring.