Description: The NAIC Life Risk-Based Capital Working Group has been working on modifications to the C-3 interest rate risk component of the statutory risk-based capital formula. Changes being considered may have a significant impact on the work of the valuation actuary. From the Record of the Society of Actuaries, Vol. 25, No. 3. San Francisco Annual Meeting CA, October 17–20, 1999, Session 33PD.

Description: 1999 SOA Regional Meeting, Atlanta. In this XXX update panelist discuss: 1. History of XXX. 2. Developments and the impact of changes on the original XXX. 3. Impact of changes on the pricing actuary. 4. A regulatory perspective from a regulator.

Description: In 2005, the Life and Health Actuarial Task Force [LHATF] of the National Association of Insurance Commissioners [NAIC] requested that the actuarial professional bodies develop mortality tables for reserving that would better reflect the actual mortality of companies for the mortality of preferred risks underwritten in the marketplace today. Setting different levels of valuation mortality appropriate for preferred risks would largely address issues of reserve redundancy due to the assumption of mortality. This interim report covers the Data Validation, Underwriting Criteria, and Experience Analysis portions of this project.

Description: Full version of The Financial Reporter, Number 43, September 2000.

Description: “X” Factor—Modified Select Factor Adjusted Mortality Rates by Larry M. Gorski from The Financial Reporter, May 1999, Issue No. 39.

Description: This article deal with the funding of LTC benefits and the lack of regulations for this relatively new product type.

Description: From session 75CS at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999, Presenters identify issues and challenges faced by the valuation actuary when performing cash-flow testing on equity-indexed and variable products.

Description: Presented at October 1996 Annual Meeting. The SOA has co-sponsored a research project on the use of derivatives by the insurance industry, using annual statement data reported by insurance companies. This session presents the results of the study, and implications with respect to sufficiency of RBC are discussed.

Description: Full version of The Life Actuary Newsletter, August 2003, Vol. 1, Issue No. 45.

Description: Panelists at this session of the SOA 1998 Maui I Spring Meeting discuss the challenge of how to regulate and account for the growing number of derivative products in the context of their multiple applications.