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: Presented at May 2002 Spring Meeting. This session presents analysts' views on major insurance multinationals, discussing the way investment analysts look at large companies in determining their buy/sell recommendations.

Description: Panelists: [1] provide an overview of embedded value [EV] and appropriate assumptions, and a comparison with fair value [FV], [2] discuss the various stages of management usage of EV, and [3] review a company's recent actual use of EV across products and for the purpose of determining optimal product mix. From the 2002 Record of Society of Actuaries, Volume 28, No. 3. Session 91PD of the Boston Annual Meeting.

Description: Presented at May 2005 Spring Meeting. Provides an overview of recent trends with EV in North America and the implications of European EV on North American EV reporting.

Description: 1999 SOA Annual Meeting, San Francisco. This panel examined the determination and use of the cost of capital for both stock and mutual companies. Topics covered included: 1. How to measure the cost of capital. 2. Use of cost of capital in choosing among options or setting an enterprise's direction. 3. Should different costs of capital be used for different purposes? 4. Options for financing and the effect on cost. 5. Maximizing return by proper mix of options. 6. Example of an acquisition. 7. Appropriate amount of capital. 8. International perspective.

Description: 2003 Valuation Actuary Symposium, San Diego, CA. This session discussed embedded value concepts. Topics included: 1. General overview of embedded value. 2. Components of embedded value. 3. Setting assumptions. 4. Practical applications.

Description: Presented at May 2005 Spring Meeting. Panelists discuss the use of stochastic embedded value 'EV' in financial management and risk measurement, including considerations in reconciling period-to-period results.

Description: Presented at September 2005 Valuation Actuary Symposium. This session provides a general introduction to embedded value 'EV'. Discussion includes calculation considerations, what affects the movement of EV, and uses and benefits of EV.

Description: Slides from a panel discussion session at the Spring meeting of the Society of Actuaries held in San Antonio, Texas, June 14-15, 2004 Discussion of the basics of actuarial appraisals: Panelists discussed the reasons to perform an actuarial appraisal, the processes involved, issues that should be addressed and assumption development.

Description: The concept of Value Added [based on Embedded Value] is discussed in detail, from theory to implementation, pros and cons, and how it works in practice. Session 11 of the 1991 Valuation Actuary Symposium.