Description: 1994 SOA Spring Meeting, Orlando. This session on credit risk presented a comparative survey of recent and ongoing research related to asset credit risk, and it provided analysis of SOA 1986-89 credit risk data.

Description: This report presents the results of the 1986-92 Credit Risk Event 'CRE' Loss Experience Study which represents a continuation of the 1986-89 pilot study analyzing loss experience by institutional investors on private placement bonds. This continuing study is being conducted under the auspices of the Society of Actuaries and involves thirteen institutional investors which accounted for between 34% and 42% of outstanding life insurance company private placement bond holdings during the study period. The study measures incidence rates, loss severities and economic loss rates associated with credit risk events for privately placed debt during the years 1986-92. From Transactions of Society of Actuaries 1997-98 Reports.

Description: 1993 SOA Annual Meeting in New York. This session is about an intercompany study on credit risk of private placement bonds and commercial mortgages. The development of the study, results for the 1986-1989 period, ongoing nature of the study, and company leverage were discussed.

Description: The forum will present the results of a recently completed comprehensive survey of employers of actuaries. Topics will include demand for actuaries by both traditional employers and nontraditional employers e.g., investment banks and software firms and the changing pattern of demand since the last survey was conducted six years ago. Implications for future hiring, recruiting, and training will be discussed. From Record of the Society of Actuaries Vol. 15, No. 3A

Description: This session from the 1993 Valuation Actuary Symposium looks at asset models and economic scenario generation.