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. Panelists identify the risks and risk-mitigating actions that an insurer can take. Approaches discussed include reinsurance, investment programs and offsetting risks in one product against those in others.

Description: From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, November 29-30, 2001 Panel discussion overview of current risk-based capital RBC requirements of life insurers, as well as insight into topical issues and potential changes to RBC. Items covered include: • Recap of RBC law and RBC calculation rules • Tax impact on the factors • Common stock issue • C-3 testing • Proposed C-3 testing for Variable Annuity Guaranteed Living Benefits VAGLB • Liquidity risk issue

Description: Panelists discuss some of the latest developments and actuarial involvement in the area of risk management for insurance companies. Included is a discussion of value-at-risk [VAR]. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.