Description: 1997 Valuation Actuary Symposium, Session 4 explores investment strategies using ALM models.

Description: This session from the 2003 SOA Orlando Meeting covers credit derivatives and how they have evolved, credit-default swaps CDSs, the advantages and disadvantages of credit derivatives and the regulatory overview. From the Society of Actuaries Record, Volume 29, No. 3.

Description: This presentation is a Teaching Session, number 29TS, from the 2002 Valuation Actuary Symposium, held September 19-20 in Lake Buena Vista, FL. The panelists describe the three basic types of credit derivatives: total return swaps, credit default swaps, and credit spread options. They discuss techniques used to price credit derivatives, accounting and required capital treatment, the size and growth of the credit derivative market in the U.S., Canada, and globally, and early experience and performance of credit derivatives in an actual default case. Discussion from participants is included.