Description: The study measures incidence rates, loss severities and economic loss rates associated with credit risk events for privately placed debt during the years 1986-2002.

Description: 1994 SOA Spring Meeting, Orlando. The first report on a study of bond investment results of life insurance companies with high-yield bond portfolios was presented at this session. The study, covering years 1986-92, was commissioned by the Society of Actuaries Ufe Insurance Practice Research Committee.

Description: 1993 SOA Annual Meeting in New York. This session is about an intercompany study on credit risk of private placement bonds and commercial mortgages. The development of the study, results for the 1986-1989 period, ongoing nature of the study, and company leverage were discussed.

Description: The Society of Actuaries’ Committee on Finance Research and Joint Risk Management Section Research Committee are pleased to make available a research report developing a framework for quantifying and analyzing various forms of contractual designs.