Description: 1993 SOA Annual Meeting, New York. This session provided an update on the appointed actuary. Topics included: 1. Provided preliminary results of a 1992 cash-flow-testing survey that was sent to a number of life companies in the U.S. 2. A discussion of the position taken by one actuary who did not do cash-flow testing in forming an opinion for his company's 1992 annual statement. 3. How to deal with failed scenarios. 4. The evolution of the appointed actuary's role at MetLife. 5. How the process currently works at MetLife. 6. Insights on where MetLife sees the process going.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 This session presented the results of a survey of the U.S. actuarial profession conducted by the Committee on Professional Responsibility of the American Academy of Actuaries. This survey asked questions relating to the individual actuary's awareness of and familiarly with the Code of Professional Conduct, Actuarial Standards of Practice, and qualification standards, as well as understanding of the activities of the Actuarial Board for Counseling and Discipline.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 This session provides a brief overview and status of a variety of recent National Association of Insurance Commissioners statutory financial reporting developments.

Description: Panelists consider the future environment of the valuation actuary in the U.S., the current environment in Canada and elsewhere, and the likely future methods of determining financial solvency in the U.S. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.

Description: This session from the 1995 SOA Vancouver Meeting discusses the actuarial codes of professional conduct and standards of practice in the U.S., how the codes from other countries pertain to actuaries practicing there and code and cultural differences in other countries. From the Record of the Society of Actuaries, Vol. 21, No. 3a.

Description: From a session at a meeting of the Society of Actuaries held in Las Vegas, NV May 22-24, 2000 Discussion of expert witness testimony, the process involved in preparing expert witness reports, and the pitfalls.Also discussion of the differences between the role of expert witness versus a consultant to a lawyer. The proposed Actuarial Standard of Practice on expert witness work is also incorporated. Learn from two skilled professionals about the reason for expert witness testimony, the process involved in preparing expert witness reports, and the joys and pitfalls encountered.

Description: This session 29IF of the Las Vegas Spring Meeting discusses how we might better proceed in responding to ongoing items of interest. Furthermore, the workings of the Pension Committee are addressed and discussed along with new standards, partly driven by current governmental activity. From Record of Society of Actuaries, Volume 26, No. 1.

Description: Presented at May 1996 Spring Meeting. This discussion focuses on the NAIC model illustration regulation and the ASOP. Topics include: Adequacy of the model law, liability of the illustration actuary, and Generally Recognized Expense Table.

Description: Presented at May 2002 Spring Meeting. This session covers the AICPA's proposed statement of position on accounting and reporting by insurance enterprises for certain nontraditional, long-duration contracts and for separate accounts. It requires new GAAP reserves for certain variable annuities with guaranteed minimum death benefits 'GMDBs'.

Description: This is a panel discussion session on recommended guidelines and practices for determining dividends and illustrations for individual life insurance products, focused on the SOA's Committee on Dividend Philosophy's proposed recommendations. The differences between mutual company and stock company views are explored.