Description: Panelists discuss the demand for actuaries in the 21st Century, what actuaries will be doing in the 21st Century, and implications for the selection, education and training of actuaries. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4A.

Description: The panel discussed the accounting profession's attempts to codify an area that has long been subject to a wide variety of practice. Topics covered: 1. Accounting under the various methods of acquisitions: pooling of interests, purchase of stock, assumption reinsurance, indemnity reinsurance. 2. Benefit reserve approaches under Statement of Financial Accounting Standards 60 within the context of defined-valuation premium approach versus defined-initial reserve approach. 3. Approaches to determination of discount rate for the present value of future profits and purchase date 4. Effect of differing levels of goodwill on earnings accretion versus dilution.

Description: Presented at June 1986 Spring Meeting. This session discussion is about the regulatory environment for banking and insurance, the crossover opportunities and the various types of sales distribution alternatives. Consideration also will be given to the obstacles in such a relationship, including corporate culture and the various risks involved for both the bank and the insurance company.

Description: Panel for session 46SM/L of the New York Annual Meeting presents an update on the American Institute of Certified Public Accountants and Financial Accounting Standards Board activities. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: Presented at May 1985 Spring Meeting. This session discussed: Applicable accounting rules, Replaced policies' unamortized acquisition costs, Capitalizing additional acquisition costs for new policies, Anti-selection on mortality experience of residual block, New policies' appropriate lapse, mortality and interest assumptions, Loss recognition testing, Differences in accounting treatment between the United States and Canada.

Description: This 1978 panel discussion was on new actuarial standards for in Canada. Topics covered included: 1. The flexibility afforded the Canadian Valuation Actuary under the new Insurance Acts. 2. A comparison to the current GAAP and statutory reporting requirements in the U.S. and to the reporting requirements in the United Kingdom.

Description: At this session 4PD of the SOA Annual Meeting in New York the panel discusses issues stemming from an AAA study of valuation and insurance in 14 countries on 5 continents, and what the U.S. could learn from these findings. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: Presented at May 1986 Spring Meeting. This session discussion is about types of products involved, accounting alternatives, federal income tax considerations, status of FASB proposal, requirements of SEC, and asset/liability matching requirements of regulators.

Description: 1994 SOA Spring Meeting, San Francisco. This session is about changes to the regulations for statutory reporting. Some of the issues covered are new reserve laws, regulations for term insurance reserves, update rules for asset valuation reserve, interest maintenance reserve, and risk-based capital RBC.

Description: 1993 SOA Annual Meeting in New York. This session is about Dynamic Solvency Handbook developed by The Financial and Investment Management Practice Education Committee. The handbook is for actuaries who prepare solvency reports, and the targeted completion date was December 31, 1994.