Description: From session 60PD at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999, Panel examines a range of issues surrounding the organization of the actuarial department of an insurance company.

Description: This presentation is a panel discussion, session number 7PD, from the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. The panelists discuss how in practice there is considerable variation from company to company in the functions that fall within the corporate actuary’s role. They discuss variations in corporate actuarial functions, and corporate actuaries’ role in their company’s management structure. The panelists explore trends in the role of the corporate actuary, and what makes for an effective corporate actuarial function. Discussion from participants is included.

Description: Brief discussion about the changing membership of the SOA International Section Council. Also covered were requests for suggestions future initiatives.

Description: Full version of International Section News, June 2004, Issue No. 33.

Description: Full version of International Section News, August 2002, Issue No. 28.

Description: Part I of a four-part series on insurance product regulations around the world. Provides a good high-level summary of the regulations as of 2002.

Description: 1996 Valuation Actuary Symposium. In this session on sources of earnings, the panelists discusses implementation of SOE reporting, use of SOE as a management tool, why having SOE reporting is particularly useful for international operations, and SOE reporting from a reinsurance perspective.

Description: From 2000 Valuation Actuary Symposium Panel discussion which provides an overview of the current uses of reinsurance, focusing on recent developments and issues. Panelists discussed application of reinsurance to specific products and lines of business and its use as a financial management tool in: • Term insurance • Mortality stabilization • Earnings volatility stabilization • Variable life and annuities and other investment-oriented products Generally Accepted Accounting Principles GAAP treatment of reinsurance e.g., FAS 113 and due diligence issues in selecting reinsurers and maintaining reinsurance arrangements is also discussed. Finally, panelists discussed advantages of onshore and offshore reinsurance transactions.

Description: Chairperson’s Corner by Yiji S. Starr from International Section News, June 2004, Issue No. 33.

Description: Given that actuaries use models for statutory projections, GAAP projections, budgeting, corporate planning, and product pricing, often different models are used for each one of these activities leading to the possibility of assumption and model mismatch for several similar projections. The panelists discuss considerations in determining whether to integrate current models, and to maximize the potential of current models for multiple purposes. They also provide suggestions on how to integrate.