Description: This session from the 2003 Washington D.C. Spring Meeting discusses an overview of the development of the 2001 CSO Mortality Table, how the 2001 CSO affects term and whole life products, the tax issues that will arise from adopting the new table and any unresolved issues. From the Record of the Society of Actuaries, Volume 29, No. 1, Session 81PD.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 This session provides a brief overview and status of a variety of recent National Association of Insurance Commissioners statutory financial reporting developments.

Description: Slides from a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 This session discusses recent developments within the American Academy of Actuaries and the National Association of Insurance Commissioners with regard to reserving requirements for equity-indexed annuities and life insurance.

Description: This presentation was session number 32PD at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago. This session provides an overview of recent and potential developments and future developments in statutory reserving for life insurance products. Topics include Regulation XXX, variable and equity-indexed universal life reserves, state variations, tax considerations, offshore reinsurance, unified valuation systems, American Academy of Actuaries Extended Maturity Option Work Group developments, Actuarial Opinion and Memorandum revisions, new Commissioners' Standard Ordinary mortality tables, and trends in valuation interest rates and the Applicable Federal Interest Rates. Discussion from participants is included. From the Record of the Society of Actuaries, Volume 26, No. 3.

Description: Discusses the MSVR: its purpose, how it has [or has not] met its purpose – especially for a company invested in high-risk securities – how it will be affected by the proposed valuation-law changes, and how to treat it in the actuarial opinion required by New York Regulation 126. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: Presented at May 2002 Spring Meeting. Discusses recent changes in the Actuarial Opinion and Memorandum Regulation, the ways in which the new requirements can be fulfilled, and the use of asset-adequacy analysis in other areas of the company.

Description: Discusses the Exposure Draft on Life Insurance Company Valuation Principles, which calls for scenario testing under assumptions. Also discusses the requirements under New York Regulation 126 and the role of the valuation actuary. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: This session from the 1995 SOA Spring Meeting discusses the Society of Actuaries research activities directly related to dynamic solvency testing - DST. From Record of Society of Actuaries Vol. 21, No. 1.

Description: This panel discussion, which occurred at the May 1982 Society of Actuaries meeting in Colorado Springs, presented a discussion on developments related to Generally Accepted Accounting Principles- GAAP. The discussion included: FASB reformulation of audit guide, treatment of single premium deferred annuities, problems of applying GAAP principles to Universal Life, and a discussion of papers titled: a. A Policy-Year Model for GAAP Valuation of Coinsurance and Modified Coinsuranee, by David N. Becker and Michael V. Eckman and, b. GAAP for Nonguaranteed Premium Life Insurance, by Kriss Cloninger III.

Description: This session is about meeting the needs for financial information in managing an insurance company. Topics include: 1. What are management's basic needs how are they met can financial systems continue to meet the challenge? 2. Are fundamental changes ahead for GAAP reporting? 3. Is it time for mutual companies to provide more meaningful financial information? 4. Can current regulatory reporting meet the needs of the 21st century? 5. Can separate statutory and GAAP systems continue to coexist? 6. Will the United States regulatory environment reduce our global competitiveness? 7. Variance analysis - Why your predictions were wrong - Which variances are acts of God? - Which variances should be blamed on somebody? - How to deal with interest rate fluctuations 8. Market valuation, why? - What questions are being addressed with market valuation