Description: In this “nontraditional” general session from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto, the panelists, a “judge,” a “defendant,” and a “prosecutor” present a humorous “trial” to explore what the boundaries of “traditional” actuarial work are. A theme of the session is that some of what we call “nontraditional” is an expansion of traditional actuarial work, and that we owe it to our public to broaden our horizons. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4A.

Description: In July 1987, the Society of Actuaries [SOA] Committee on Life Insurance Company Valuation Principles released an exposure draft in which a distinction was made between valuation principles and standards of practice. Rather than including specific standards of practice in the valuation principles themselves, the Committee developed valuation principles to encompass current and future standards of practice. Panelists discuss the work of the valuation actuary in the context of these developments. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4B.

Description: This 1978 session discussed actuarial certifications and opinions rendered with emphasis on i. The who, what, how and by whom, and 2. Underlying methods, principles, practices and so forth and the disclosure thereof. From Record of Society of Actuaries, Vol. 4, No. 1.