Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held May 16-17 in New York. The panelists start their discussion with an overview of the history of actuarial standards, and the operations of the Actuarial Standards Board, ‘ASB,” the autonomous body responsible for setting standards of practice. The discussion covers standards affecting insurance company actuaries and consultants, and the value and impact of standards on the actuary's work. Panelists also suggest areas where additional standards are needed. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 2.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the duties and responsibilities of appointed actuaries, including compliance with qualification standards and actuarial standards of practice. They discuss the United States, where new regulations were recently adopted by the National Association of insurance Commissioners [NAIC], developments in Canada, where new legislation is expected to pass, and also world practice, looking at Europe and the U.K. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: This panel discussed studies of the risk of loss due to changes in the interest rate environment. It addressed why the C-3 risk is important and how inflation and stability in interest rates can affect the financial soundness of life insurance companies. There was also a discussion of the theoretical work being carried out to calibrate the C-3 risk of variation in interest rates and to what extent the valuation actuary can properly recognize the risk of loss from changes in the interest rate environment within the framework of valuations laws and regulations.

Description: This session from the 1995 SOA Boston Meeting covers the highlights of the IAA centennial meeting in Brussels. From the Record of the Society of Actuaries, Vol. 21, No. 4a.

Description: This paper includes three discussions. The first is about permanent type insurance used as a substitute for group term insurance. The second discussion is about long-term disability experience, offsets and underwriting. The third discussion is about medical care expense insurance including experience, trends, impact of Medicare and COB. From Transactions of Society of Actuaries 1968, Vol. 20 Pt. 2, No. 57

Description: Presented at October 1996 Annual Meeting. This session updates actuaries on the current status of non-forfeiture law changes for life insurance. Panelists discuss the impact of these changes on product design, compensation, and other product features.

Description: 1999 SOA Annual Meeting, San Francisco. The panel examined the current efforts of several organizations to craft the next century's insurance valuation framework, and how these efforts are reshaping the way we will do business in the future.

Description: 1990 Valuation Actuary Symposium Proceedings is a panel discussion on the status of the valuation actuary and the change in the valuation law.

Description: Presented at October 1996 Annual Meeting. This discussion reports the progress the International Forum of Actuarial Associations made during its year and a discussion of plans for the coming year.

Description: Members of the Life Practice Council of the American Academy of Actuaries discuss the activity surrounding their key issues, and additional projects before the National Association of Insurance Commissioners. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.