Description: Panelists discuss efforts toward developing a more-formal set of requirements for the valuation actuary in the valuation process. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: The Cash Flow Valuation Method has recently been adopted for valuation of annuity products in Canada and has application to all other life insurance products. Under this method, the statement liability for a block of business is the value of the assets required to enable the insurer to run off the block. The method therefore involves both assets and liabilities and reflects the insurer's investment policy.

Description: The purpose of this reports is to define topics and provide information on techniques currently available in support of the development of dynamic solvency testing, DST. The paper covers topics of the time frame for analysis, scenario interpretations, credibility, confidence standards and reliance guidance.

Description: Panelists report on: [1] financial-reporting regulatory activities in Canada, [2] premium securitization, [3] NAIC activities, including with Actuarial Guideline IV, and [4] reinsurance accounting. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.

Description: The purpose of this statement is to describe principles and considerations regarding the provision made by insurance organizations relative to life actuarial risks. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: This session at the 1989 Valuation Actuary Symposium discusses the standards of practice for dynamic solvency testing in Canada.

Description: A proposal for a minimum continuing capital and surplus requirement for life insurers has recently been circulated by the Department of Insurance Canada for comment by the life insurance industry and the actuarial profession in Canada. This talk describes some of the reasoning and methodology underlying this proposal.