Description: Panelists provide an overview of risk-based capital requirements. Also discussed are shortcomings and proposed changes currently under consideration. Practical issues with the implementation of these ideas are also presented. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: 1999 SOA Annual Meeting, San Francisco. Presenters discussed the proposed NAIC model regulations dealing with guaranteed investment contracts. Covered topics: 1. Products subject to regulations. 2. Reserving methodologies described in the regulation. 3. Assumptions. 4. Required actuarial certifications.