Description: A discussion of the need to connect the interrelated requirements of reserve requirements, capital requirements, risk management, IASB requirements and so forth.

Description: From a panel discussion session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 Overview of New York Regulation 163, including the limits on different types of derivative activities, the Derivative Use Plan required by New York, and the reporting and control requirements.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 Panel discussion of the work being done by the Society of Actuaries and the NAIC to further development of a Unified Valuation System.

Description: U.K. life insurers writing participating business are required by the Financial Services Authority to value their assets and liabilities on a market-consistent basis. The purpose of this paper is to: • Explain the valuation approach based on market-consistent values and its rationale. • Set out the issues faced by life insurers in implementing the regime. • Explain how insurers addressed these issues. • Explain the importance of the modeling techniques they used.

Description: 1993 SOA Annual Meeting, New York. This session is about Market-Value Accounting. Topics included: 1. Where market-value accounting came from. 2. An historical perspective on the issue. 3. The mechanics of MVA. 4. How companies may change their investment strategies as a result of SFAS 115.

Description: Presented at October 1996 Annual Meeting. This session looks at the impact of regulation on the management of insurance operations in Asia, with a particular focus on Japan, which this year 1996 introduced its first major insurance law revision in 50 years.

Description: 1994 SOA Spring Meeting, San Francisco. This session addressed some of the unanswered questions with respect to Appointed Actuary issues. Questions addressed: • Should stockholder dividends be included in the appointed actuary's reserve/asset adequacy analysis? • How are appointed actuaries handling Section 7 Opinions in states that have not yet adopted the model regulations? • How are appointed actuaries addressing the aggregate requirement in the state of filing? • What about retroactive/extraterritorial reserve requirements? • Are appointed actuaries addressing the going-concern issues for undercapitalized companies? Should they?

Description: This Report presents the results of a three-year study on Demutualization by a Task Force of the Society of Actuaries. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: The main elements of the current US, Canadian and proposed Solvency II regulatory capital regimes for property and casualty insurance companies are compared in this paper.

Description: The purpose of paper is to outline and illustrate some of the more important differences among the current US and Canadian regulatory capital regimes and the standard formula of the Solvency II framework using a hypothetical term-life insurance portfolio as an example.