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 current life insurance company merger and acquisition environment, and determining the value of a life insurance company. Topics include the actuarial valuation methodology, including the just adopted actuarial standard of practice, investment analyst valuation, and the risks associated with change of control. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: From the 1986 Valuation Actuary Symposium, held in Washington DC in October 1986 Discussion of the process for setting assumptions for cash flow testing of interest sensitive products for reserve valuation analysis under statutory accounting in the USA and Canadian GAAP.

Description: Presented at June 1996 Spring Meeting. This discusses the effect on pension plans of mergers and divestitures and looks at the importance of due diligence as part of the process. The discussion also presents the reality of actuaries on trial for negligence.

Description: An update on the Capital Market Assumptions used for asset allocation maybe useful to actuaries given the parallels with the assumptions an actuary uses to measure plan obligations.

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: Panelists provide a big picture overview of the M&A process and the roles of the actuary, investment banker, outside counsel, accountants, acquirer and seller. Includes a discussion on actuarial appraisals, ASOP 19 and due diligence. From Record of Society of Actuaries, Vol. 30, No. 1, Session 94

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 obligations and requirements with respect to cash flow testing for yearend 1991, at that time contained in Actuarial Standard of Practice No. 14. Topics include difficulties in the cash-flow testing process, such as asset and liability construction and assumptions, and strategy. Other topics are interpretation of results, how to cost-justify cash-flow testing, Canadian cash-flow techniques and issues, and asset liquidation versus borrowing. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4A.

Description: This article from The Actuary, April 1971, volume 5, Issue 4 is about a pension section meeting. The moderator opened the meeting by laying down some general principles. Using market value instead of book, accounting for unrealized gains, taking cognizance of different cash flows, objectives, constraints on the manager, and other characteristics of the funds to be compared-all met with general acceptance, in this audience at least.

Description: ICP 16 and its requirement for an Own Risk and Solvency Assessment (ORSA) will offer opportunities for the actuarial profession to provide uniquely well-educated and professional assistance to this process.

Description: The September 2014 Issue of the Financial Reporting Section's newsletter, The Financial Reporter