Description: From the 1986 Valuation Actuary Symposium, held in Washington DC in October 1986 Examination of real life case studies of recent insurance company insolvencies to test whether the concept of the Valuation Actuary would have prevented insolvencies or reduced the losses resulting from insolvencies.

Description: Discusses the pricing issues that, if handled successfully, pave the way for a solid statement of actuarial opinion: coordinating pricing and valuation roles, communicating product specifications, setting mutually acceptable assumptions, reflecting risk in pricing and valuation, coordinating investment policy and interest-crediting policy, and anticipating a volatile economic environment. From the 1987 Record of Society of Actuaries, Vol. 13, No. 2.