Description: This session covers the differences between quantitative models and traditional techniques for measuring credit exposure pricing models versus portfolio risk management models and an introduction to some commercially available models, such as J. P. Morgan’s Credit Metrics and Moody’s/KMV Portfolio Manager. From the Record of the Society of Actuaries, Volume 29, No. 1, Washington, D.C. Spring Meeting, May 29–30, 2003, Session 19PD.

Description: This is a final report for a research project to create reference material that addresses the methods and techniques for quantifying margins for uncertainty in actuarial assumptions under a Principle-based statutory accounting framework.

Description: This article discusses how the industry as a whole is revisiting its risk management strategies in the wake of the financial crisis.

Description: In light of the recent financial crisis, this article discusses whether Fair Value Accounting is a trouble maker or life saver.

Description: Full version of Risks and Rewards Newsletter, July 2003, Issue No. 42.

Description: This session discusses strategic planning for long-term care insurance. Topics include product and pricing evolution, position in the product life cycle, requirements for success and options for entering the marketplace. Includes the perspective of an investment banker and venture capitalist. From the Record of the Society of Actuaries, Volume 29, No. 3, Session 86

Description: This session 75PD of the New Orleans Annual Meeting analyzes derivatives contained in various insurance products and techniques used to hedge the derivative exposure. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 75PD.

Description: The paper explores developments through 2006 in the application of market-consistent concepts to the measurement of fair values of liabilities for financial reporting purposes.

Description: Panelists discuss new career opportunities for actuaries and how to pursue them. From the 2002 Record of Society of Actuaries, Volume 28, No. 3. Session 3PD of the Boston Annual Meeting.

Description: Insurance company financial reporting and performance measurement are going through a significant transformation. Insurers are beginning to look at their business based on what many refer to as the “economic value framework.” Under this framework insurance companies determine the economic value of the capital invested in their business and the economic value of earnings to derive a risk-adjusted return on capital. Standard setters, primarily European insurance regulators through Solvency II and the International Accounting Standards Board through IFRS Phase II, propose adopting many of these concepts for solvency and performance reporting.