Description: Summary of the Life and Health Actuarial Task Force Meeting held in September, 2003

Description: This article reports the maximum statutory valuation and nonforfeiture interest rates for calendar year 2004 issues of life insurance products and the maximum statutory valuation interest rates for calendar year 2003 issues of annuity products.

Description: In July 1987, the Society of Actuaries [SOA] Committee on Life Insurance Company Valuation Principles released an exposure draft in which a distinction was made between valuation principles and standards of practice. Rather than including specific standards of practice in the valuation principles themselves, the Committee developed valuation principles to encompass current and future standards of practice. Panelists discuss the work of the valuation actuary in the context of these developments. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4B.

Description: 1996 Valuation Actuary Symposium. This session about life and annuity valuation issues discussed Guideline 33, Guideline MMM, separate accont surplus, equity-indexed annuities, the annuity mortality regulation, the model illustration regulation, and XXX.

Description: 1993 SOA Annual Meeting, New York. This session is about status of new mortality table developments in the pension arena, impact of new mortality tables on annuity valuations, and the effect of new mortality tables on defined-benefit plan minimum funding and pension expensing.

Description: Panel discusses current topics relating to reserving for deferred annuities, including Actuarial Guideline 33 [formerly GGG], equity-indexed annuities [EIAs], variable annuity minimum death benefit guarantees [MDBGs], and Actuarial Guideline 34 [formerly MMM]. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: This session 29PD of the Toronto Spring Meeting describes the stochastic modeling framework developed by Canada for valuation and the practical issues encountered in its implementation. An update on developments in the valuation of similar features in the U.S. is also provided to allow a comparison of the approaches being taken in the two countries. From the Record of the Society of Actuaries, Volume 27, No. 2, Session 29PD

Description: Discusses the reasons for changing emphasis on reserve strengthening programs and looks at methods adopted to emphasize the reserve character of undistributed surplus.

Description: Discussion of solvency problems and the actuary's role in addressing them in the life insurance industry.

Description: This report presents the formal recommendation for a new mortality basis for individual annuity valuations. From Transactions of Society of Actuaries 1981, Vol. 33.