Description: The so-called pension max life insurance marketing concept is generating a great deal of excitement among life insurance marketers. It's also received some skeptical reviews in the popular news media, the most recent being a Newsweek article by Jane Bryant Quinn in the April 4, 1994 issue. The marketing concept calls for electing an unreduced pension, that is, maximizing the pension, in lieu of electing a reduced contingent annuity [CA] or joint and survivor [J&S] option. Further, the marketing concept calls for the purchase of life insurance on the employee to substitute for the economic exposure created by not electing the CA or J&S option. Although the marketing concept is clear and simple, its economics continue to generate a great deal of discussion. This paper attempts to add some clarity to this issue. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: Panelists at this session at the SOA 1998 Maui I Spring Meeting present methods and models for determining policyholder behavior with respect to lapses and interest rates in order to value liabilities and embedded options in life and annuity products.

Description: Presented at April 1986 Spring Meeting. This session discussion is about the pitfalls of underwriting group pension funding contracts with significant interest guarantees. Insurance companies are faced with concerns in meeting solvency requirements, reducing surplus strain, and managing risk. Methods and procedures that companies are using in evaluating and monitoring risk and in matching assets with emerging liabilities are highlighted.

Description: This session discussion is about pricing on a unisex basis, regulatory developments, protecting against adverse selection, pricing considerations and experience analysis. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: This session from the 1995 SOA Boston Meeting discusses synthetic GICs, an overview of what a wrap is, the product development and investment implications, and the current regulatory environment. From the Record of the Society of Actuaries, Vol. 21, No. 4a.

Description: Presented at June 1985 Spring Meeting. Panelists shared actual experiences and practical techniques used in assessing the degree of match or mismatch between assets and liabilities for life insurance companies.

Description: 1993 SOA Spring Meeting, Boston. This presenters in this session discussed the impact of lower interest rates. In 1993 the Moody's Aaa Corporate Yield were near 8%. Questions raised: • Are lower interest rates here to stay? • What are the product development implications? • What are the market share implications? • Are we recognizing the disintermediation risk?

Description: This article is about Transactions papers and tips for authors. From The Actuary Vol. 24, No. 2

Description: Panelists in session 260F of the Montreal Spring meeting discuss criteria for the selection and management of external investment advisors. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: In session 142OF of the Washington Annual Meeting panelists discuss key existing research projects as well as suggestions for new projects. From the Record of the Society of Actuaries, Vol. 23, No. 3.