Description: This article addresses the issues of short-term volatility, the non-equivalency of traders and, how product development is being impacted by market consistency.

Description: This article discusses the potential impact that low interest rates can have on the Life Insurance industry, even if they occur for a short period of time.

Description: This paper will describe why self-insurance is less attractive with transparent-accounting rules, and the will examine two strategies an employer can execute to reduce the plan's and the plan participant's risks.

Description: ERM and Investment strategies for healthcare companies

Description: Outlines a collective structure that can be used to convert a lump sum payout into a lifetime income stream, with a 2% COLA that is contingent on funded status and with a smoothed pricing for the annuity conversion factor.

Description: Few product innovations have transfigured the variable annuity (VA) industry as much asguaranteed living benefits (GLBs).

Description: Many of the innovations and methods required to improve retirement security exist, but have not been pulled together into an integrated solution at scale.

Description: Presented at May 2005 Spring Meeting. Panelists discuss annuity risk management and how this can be applied to new product development, as well as in-force product management. Also discussed are the proposed C-3 Phase II capital determinations for various guarantees with and without a hedging program.

Description: This discussion is on asset management for an insurance company, including issues of varying investment strategies for different product lines through various asset segmentation approaches, management of the assets supporting surplus, and asset/liability risk management considerations

Description: Longevity insurance benefits are deferred annuities that begin payment at advanced older ages, such as at age 82. With a longevity insurance benefit, the problem of asset decumulation with uncertain life expectancy is simplified. Instead of planning for an uncertain period, retirees can plan for the fixed period from the date of their retirement to the date at which they start receiving the longevity insurance benefit. Originally, Social Security was structured as a longevity insurance benefit program, with roughly 50 percent of those entering the workforce surviving to receive the benefits. Over time, however, as life expectancy has improved, Social Security benefits have slowly transformed into benefits that most people entering the work force ultimately receive. While adding longevity insurance as a new benefit when Social Security is already facing a financing deficit would be problematic, reintroduction of a longevity insurance benefit a s part of Social Security reform package that involved benefit cuts could be an important policy innovation.