Announcement: SOA congratulates the new FSAs for June 2024.

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  • SOA Annual Meeting Summary - Product Development Focus
    SOA Annual Meeting Summary - Product Development Focus This article reviews some of the highlights ... ing: • changes in product design and pricing; • dynamic hedging; • static or customized hedging; and • ...

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    • Authors: Paula Hodges
    • Date: Feb 2012
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Product Matters!
    • Topics: Actuarial Profession>Standards of practice; Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Public Policy
  • Market-Consistent Pricing As The Market Sort Of Normalizes: Separating the permanent from the temporary grayness Part 2 of 2
    ultimate persistency of 82 percent. (We’ll avoid dynamic lapses in the modeling, but comment later on their ... hedged or can be hedged only with short-term, dynamic programs that easily “fall apart” during a dislocation ...

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    • Authors: Eric Clapprood
    • Date: Jun 2011
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: Product Matters!
    • Topics: Annuities>Investment strategy - Annuities; Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Life Insurance>Investment strategy - Life Insurance
  • Better Pricing in an Uncertain World
    risk-driven charges. It has a slightly different dynamic than some of the others. Now that we've seen ... along with that. You have the interest rates. Dynamic lapses reinsurance again is an issue, and there ...

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    • Authors: Timothy Hill, Tim Bennett
    • Date: Oct 2004
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Annuities>Variable annuities; Life Insurance>Pricing - Life Insurance
  • Asset-Liability Management and Product Pricing In A Low-Interest-Rate Environment
    pricing these products, you have to define your dynamic assumptions. That is an important part of pricing ... or your market rate in terms of setting up your dynamic assumptions. This is an excess lapse formula ...

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    • Authors: Henry Ramsey, Kimberly Curley, David Weinsier, Kimberly Roalkvam
    • Date: Jun 2004
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Enterprise Risk Management>Risk measurement - ERM; Life Insurance>Pricing - Life Insurance
  • Pricing Risk Management
    percent of the people indicated that they have a dynamic lapse formula. Those are probably the people that ... that when they look at interest rate risk and dynamic lapses together they're capturing the relationship ...

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    • Authors: Keith Dall, David T Henderson, Douglas Robbins
    • Date: May 2003
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance
  • SOA Risk Management Task Force - Pricing For Risk Survey
    Assumption PAD 84 22.76% Capital allocation 47 12.74% Dynamic lapse formula 40 10.84% Stochastic scenario analysis ... handled? Assumption stress testing 109 38.52% Dynamic lapse formula 74 26.15% Assumption PAD 48 16.96% ...

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    • Authors: Society of Actuaries, David T Henderson
    • Date: Dec 2002
    • Competency: Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance
  • Fuzzy Logic
    Fuzzy Logic From a session at a meeting of the Society of Actuaries held in Las Vegas, ... cognitive map. It actually began as an exercise in dynamic systems by Bart Kosko. It was an effort to analyze ...

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    • Authors: Timothy Swankey, Richard A Derrig, Fred A Watkins
    • Date: May 2000
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Modeling & Statistical Methods
  • Expenses and Pricing
    Expenses and Pricing Sam Gutterman presents his paper, 'Expenses and Pricing', ... will be needed in the future. It has to be a dynamic process that always factors in your best judgement ...

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    • Authors: Sam Gutterman, Katherine Anderson
    • Date: Jun 1998
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance
  • Technology and the Actuarial Pricing Model - What Comes Next?
    types of scenarios and conditions. We need more dynamic strategies, things that will simulate more proactive ... the calibration of models will come from more dynamic feedback from the systems that have been used to ...

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    • Authors: Shane A Chalke, Thomas W Reese, Irwin T Vanderhoof, Douglas A George, Mark C Abbott
    • Date: May 1996
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Modeling & Statistical Methods; Technology & Applications>Software
  • Life and Deferred Annuity Liability Models
    validation: data integrity, static validation, and dynamic validation. Data integrity relates to the underlying ... before applying gross-up factors. Dynamic Validation Dynamic validation compares modeled results ...

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    • Authors: Douglas Doll, C Elam, Jacqulynn Abdella
    • Date: Sep 1994
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance
  • Repricing the In-Force Book of Business
    Repricing the In-Force Book of Business 1992 SOA Annual Meeting, Washington, D.C. This session ... against the competition. There is no shortage of dynamic lapse formulas out there, thanks to Regulation ...

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    • Authors: Albert Easton, Selig Ehrlich, Donna Claire
    • Date: Oct 1992
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Public Policy
  • Adequacy of Pricing - Considerations
    Adequacy of Pricing - Considerations This session at the SOA 1990 Annual Meeting addresses ... results based on a static model do not reflect these dynamic and positive long range aspects of better persistency ...

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    • Authors: Joseph E Crowne, Robert H Dreyer, Robert P Hill, Burton Jay
    • Date: Oct 1990
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance
  • Measuring Interest Margins-Part 3-Measuring Required Interest
    need some periodic readjustments. Hedging is a dynamic strategy. You have to reevaluate every quarter ... well. That's why it's critical that you employ a dynamic hedging process. Probably the worst thing you could ...

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    • Authors: Frederic W Corwin, Peter B Deakins, C Elam, W Palmer
    • Date: Apr 1990
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Finance & Investments; Life Insurance>Pricing - Life Insurance
  • Pricing And Investment Philosophy For Interest-Sensitive Products
    Pricing And Investment Philosophy For Interest-Sensitive Products Presented at May 1986 ... modeling cash flows and so on. If you can develop a dynamic process that will model the behavior of securities ...

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    • Authors: Martin Klein, Arthur L Rebell, Michael Reilly, Martin Ruby, Dale B Wolf
    • Date: May 1986
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Finance & Investments>Investment strategy - Finance & Investments; Life Insurance>Pricing - Life Insurance
  • Role Of The Valuation Actuary In Product Development
    result of this environment has been to create a dynamic and responsive reserving process, which should ... but it is crucial to have this dialogue in our dynamic valuation environment. There is a need and opportunity ...

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    • Authors: Arnold Dicke, John T Glass, Donald MacDonald, Jan Pollnow, Alan K Ryder
    • Date: May 1985
    • Competency: Strategic Insight and Integration>Management partnership
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Enterprise Risk Management>Financial management; Life Insurance>Pricing - Life Insurance