Description: Digital is the main reason over half of the companies on the Fortune 500 have disappeared since 2000." (CEO Accenture). We cannot be sure how global technology megatrends will disrupt the life insurance industry, but we can be certain that the future will not look like today. As large quantities of available data are no longer owned by insurance companies and statistical techniques become more accessible to non-statisticians, the pressure to keep up with technological advancement increases. Life actuaries must think critically about and be prepared for the coming changes and position themselves as leaders in an industry lagging behind in new technology adoption.

Description: Despite the slowdown in the economy, premium growth in emerging markets fared relatively well compared to advanced insurance markets. Yet, there exists an enormous range in premium density and penetration between emerging and advanced markets. The presenters explore the demand side and attempt to lay out possible solutions to narrow the protection gap.

Description: This session from the 2003 Washington D.C. Spring Meeting discusses the recent economic conditions in Europe, Asia and North America and the changes in product design and risk management that have taken place to address such financial risk. From the Record of the Society of Actuaries, Volume 29, No. 1, Session 77PD.

Description: Presented at May 2002 Spring Meeting. Discusses the status of the second phase of the AAA C-3 Risk project. This project is leading to an updated NAIC filing requirement and is a step toward fair value. The specific focus is on equity risk and bond funds in the distribution tails. Products covered include variable life and annuities.

Description: Presented at May 2002 Spring Meeting. Discusses products sold outside the United States and Canada, the inherent interest/equity-based risks and the tools available for dealing with the changing economic environment.

Description: This session 30 PD of the New Orleans Annual Meeting discusses how several organizations, with representation from a number of countries, are currently drafting new standards to create uniformity across nations. From the Record of the Society of Actuaries, Volume 27, No. 3.

Description: This presentation is a panel discussion, session number 9PD, from the 2000 Valuation Actuary Symposium, held September 14-15 in Washington, DC. A fundamental assumption in stochastic asset/liability modeling is the underlying economic scenario generator. In this session the panelists discuss various scenario generation techniques, assumptions underlying bond and equity scenario generators, and choosing suitable economic scenario generators for different applications. Discussion from participants is included.

Description: Panelists discussed the implications of the growing trend in Canada toward demutualization of mutual companies into stock companies. Topics covered include: 1. The Canadian demutualization process and some interesting differences between companies and across borders. 2. How is eligibility determined? 3. What process is being used to determine allocation of shareholder value? 4. What mechanisms are in place to protect policyholders' reasonable expectations? 5. What internal and financial structural changes are driven by demutualization? 6. How financial markets assess stock value for companies operating internationally.

Description: 1999 SOA Annual Meeting, San Francisco. The panel discussed how the actuarial profession may contribute to the quantification and management of various types of risks that insurers and other financial service providers assume.

Description: Presenters discuss worldwide issues and trends in which actuaries may be involved and the implications of these issues and trends on the actuarial profession worldwide. From the Record of the Society of Actuaries, Vol. 25, No. 3.

Description: Presenters gave their projections and analysis on demographic trends and longevity prospects going into the next century in important countries. They analyzed the factors influencing the expected trends and comment on what these trends will mean for the financial services industries and the actuarial profession around the world.

Description: Presenters examine some of the difficulties created by the absence of worldwide generally accepted accounting principles. Topics covered: 1. The need for worldwide Generally Accepted Accounting Principles, accounting, and reserving standards. 2. The work being done by the International Accounting Standards committee and the International Organization of Securities Commissions.

Description: In session 32 IF of the New York Annual Meeting the panel discusses the ongoing consolidation at the domestic and foreign levels of the financial services industry, and the ensuing need for an international accounting standard. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: At this session 4PD of the SOA Annual Meeting in New York the panel discusses issues stemming from an AAA study of valuation and insurance in 14 countries on 5 continents, and what the U.S. could learn from these findings. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: Panelists at this session of the SOA 1998 Maui I Spring Meeting discuss the American Academy of Actuaries research on valuation and insurance in 14 countries in light of the movement of the NAIC toward a new valuation law.

Description: In session 117 PD of the Washington Annual Meeting panelists discuss the status of a study regarding the current valuation methodologies applicable to life insurance, annuities, and health insurance, as well as the legal and regulatory mechanisms through which they are implemented. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: Panelists discuss actuarial opportunities in foreign environments. From the Record of the Society of Actuaries, Vol. 23, No. 2.

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: This session from the 1995 SOA Boston Meeting describes the expansion and consolidation of the U.S., Canadian and Mexican life insurance industries and the discusses the top players in the insurance industry in the world and their market share. From the Record of the Society of Actuaries, Vol. 21, No. 4b.

Description: 1994 SOA Spring Meeting, Orlando. This session is about identifying international opportunities, positioning yourself for those opportunities, determining skills needed, and comparing with skills you have.

Description: 1994 SOA Spring Meeting, Orlando. This session is a brief summary and discussion comparing the role of the appointed actuary in different countries including the following: 1. Responsibilities. 2. To whom does the appointed actuary report? 3. Who sets the rules/standards? 4. Potential personal liabilities. 5. How well is the system working?

Description: 1994 SOA Spring Meeting, Orlando. This session is about the actuary's developing role in regulating insurance worldwide.

Description: 1993 SOA Annual Meeting, New York. This session is about the new methods of actuarial accounting and other methods in other countries: United Kingdom, Australia and Mexico. Topics included: 1. An overview of the most significant overall trends being addressed worldwide in the area of life insurance accounting. 2. Australian trends. 3. Trends in the UK. 4. Trends in Mexico.

Description: 1993 SOA Meeting, Quebec. This session is about how reinsurers are adapting to market changes. Topics included: 1. How reinsurers are adapting to changes driving direct writers. 2. Is gIobalization of reinsurance having a major effect? 3. In what ways has the reinsurance industry changed over the years and in what ways has it not changed?

Description: 1993 SOA Spring Meeting, Boston. This session is about management of multinational organizations from a home office perspective. It discussed cultural issues, regulatory issues, marketing issues, repatriation of profits, investment and currency risks.

Description: 1993 SOA Spring Meeting, Boston. In this session the panelists shared their thoughts regarding the skills, techniques, opportunities, and distribution associated with products found around the globe.

Description: 1993 SOA Spring Meeting, Boston. This session provided an overview of the insurance industry around the world. Topics included: 1. What does it take to become an actuary in foreign countries? 2. Professional Standards of Practice. 3. Disciplinary Standards. 4. Education programs supported by the SOA in developing countries.

Description: Discussion of the current business environment, the profile of the actuary who can meet these needs, directions corporations will take in the 21st century, economic and demographic trends that will affect the environment and markets over the next decade. The panelists discussed the need to be pro-active in shaping the environment.

Description: 1992 SOA Annual Meeting, Washington, D.C. This session focused on international issues, examined the impact of changing globalization in the market place and discussed how we can relate to these changes and trends. The characteristics of companies that might benefit from going global were addressed.

Description: 1992 SOA Regional Meeting, Anaheim. This is a panel discussion on managing the adequacy of capital by setting capital targets and ensuring targets are met. External capital, performance measurement, and management of inter-company relationships were part of the discussion.

Description: This presentation is a general session from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. In introducing the speaker, the session leader notes the global similarity of the actuarial profession’s interests and concerns in that “issues such as solvency, professional conduct, and standards of practice are being discussed everywhere.” The guest speaker, editor in chief of ‘The Economist,’ discusses the rapidly changing world in light of the recent collapse of communism and current geopolitical and economic trends. From the Record of Society of Actuaries, Volume 17, No. 4A.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the duties and responsibilities of appointed actuaries, including compliance with qualification standards and actuarial standards of practice. They discuss the United States, where new regulations were recently adopted by the National Association of insurance Commissioners [NAIC], developments in Canada, where new legislation is expected to pass, and also world practice, looking at Europe and the U.K. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: This session at the SOA 1990 Annual Meeting looks at global investing. Areas discussed include rationale for investing globally, fixed income opportunities, a model for active global investing, and other issues.

Description: This session at the SOA 1990 Annual meeting is about global dynamic - definition, effect on the actuarial profession, actuaries and insurers response to it.

Description: This session discussion is about the state of the U.S. reinsurance marketplace as viewed by foreign reinsurers and consultants. Panel members will provide insight on the willingness of foreign companies to assume risks from the U.S. marketplace and key factors that enter into this decision. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: Presented at June 1985 Spring Meeting. This session features a discussion by a panel of economists covering likely economic scenarios in the short- and long-term from an international point of view. It will include a provocative look at the possibilities for U.S. economic development in the 1990s and the consequent effects on international conditions.

Description: This 1981 session focused on the relative roles of regulation and the actuary in three countries - the United Kingdom, the United States and Canada. It looked at valuation and solvency, contracts, rate control and disclosure. From Record of Society of Actuaries, Vol. 7, No. 3.

Description: In this 1981 discussion session, actuaries from the United States, Canada and Britain talk about insurance regulation.

Description: This panel discussion was devoted principally to the following two papers commissioned for the Society of Actuaries 25th anniversary meeting: 1.'The Future of the Actuarial Profession as Viewed in A.D. 1974' by John M. Bragg, and 2. 'Consulting Actuaries in Canada and the United States' by Samuel Eckler and Wendell A. Milliman. From Transactions of Society of Actuaries 1974, Vol. 26, Pt. 2D, No. 76.

Description: In the absence of a generally accepted guide to actuarial principles and practices for pension plans, a new professional firm offering actuarial consulting services has both the freedom to establish and the burden of establishing the professional policies by which it will be guided. Our thinking about the practical and professional necessity of annual valuations is reflected in this paper. From Transactions of Society of Actuaries 1972, Vol. 24, Pt. 1, No. 69 AB.

Description: Discussion of the diversification activities of a number of life insurance companies. This includes the formation of, or acquisition of, property and casualty insurers, variable annuity companies, mutual fund management companies, banks, finance companies, leasing companies, real estate development companies, televisions and radio stations, newspapers, software consultants and other corporate enterprises. Discussion includes: 1. Activities really compatible with the llfe insurance product. 2. Activities otherwise compatible with corporate objectives or offering potentially large profit centers. 3. Activities which can be an excessive drain on corporate earnings and executive manpower 4. The actuary's role in these diversification activities. Then the discussion goes into a discussion of corporate planning models