Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held May 16-17 in New York. The panelists, including regulators and a retired insurance company CEO, discuss the evolution and current status of industry regulation and offer perspectives as to how that process is and will be changing to address future industry dynamics. Topics include status of regulation in the United States, notable failures and successes, state regulation versus other alternatives, e.g., federal-state, and industry risk management, including prevention of business failures, and state guarantee fund. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 2.

Description: This panel discussed studies of the risk of loss due to changes in the interest rate environment. It addressed why the C-3 risk is important and how inflation and stability in interest rates can affect the financial soundness of life insurance companies. There was also a discussion of the theoretical work being carried out to calibrate the C-3 risk of variation in interest rates and to what extent the valuation actuary can properly recognize the risk of loss from changes in the interest rate environment within the framework of valuations laws and regulations.

Description: This 1980 session covers amendments to the SNL and SVL and the anticipated revision to the CSO Mortality Table. Questions discussed: 1. What changes can be expected in requirements in the1980's? 2. What changes in products design will likely emerge from these? 3. What will be the effect on future gross premium, cash value, and reserve levels? 4. Will these changes be compatible with all economic forecast scenarios? 5. Will these changes create a need for increased gross premium rates or for higher company surplus levels? 6. Should attention to solvency measures be increased? 7. Are the allowable valuation interest rates sufficiently liberal?

Description: This is a summary of a presentation made at the 1975 SOA annual meeting regarding statutory reserves, contingency reserves and life insurance company surplus.

Description: This is a discussion about long-range plans being used as management tools in the life insurance business. Also discussed are the implications that Medicaid will have on the private health insurance business. From Transactions of Society of Actuaries 1966, Vol. 18 Pt. 2, No. 51.