Description: This is a book review of 'The Variable Annuity, Its Development, Its Environment and Its Future' by Paul A. Campbell. This attractively produced booklet will serve as a very good introduction to variable annuities for all approaching the subject from a general insurance background. The copious references included should also make it of use to an actuary dealing with variable annuities.

Description: Presented at October 1996 Annual Meeting. The panelists in this interactive session not only discuss the newest annuity features, but also explore some socioeconomic trends and how an annuity could be designed to capitalize on those trends.

Description: This session from the 1983 SOA Spring Meeting reviews trends in annuity product design, marketing and agents' compensation, investment strategies, and annuitant mortality. From Record of Society of Actuaries, Vol. 9, No. 2.

Description: From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, November 29-30, 2001 Teaching session covering the development of realistic liability models for use in asset adequacy analysis, asset/liability management, pricing/repricing, financial reporting or other corporate purposes. The primary focus is modeling issues for variable product features, such as minimum living or death benefit guarantees on both variable life and annuities, annuity death benefit enhancements, and variable immediate annuities. Topics include: • Analysis of the special risks posed by these products • Selecting realistic dynamic assumptions • Techniques used in modeling these products • Scenario testing and result presentation to best communicate risks