Description: Long Term Care Insurance Reserves and Reinsurance Balancing between statutory and GAAP requiements. From Long-Term Care Newsletter, August 2001, Issue No. 5.

Description: Historically low interest rates, historically high equity market volatility and ever increasing life spans have made pension funding a hot topic. Financing the lifestyles of the superannuated through steadily improving investment performance is no longer a given. Market realities and stricter regulatory funding requirements are forcing plan sponsors to reduce overly optimistic assumptions about how well their investments will perform and increase assumptions about how long they will have to last. A growing number of well-known corporations are looking for help in trying to make the math work. This article discusses the opportunities for all who want to take on longevity risk.

Description: The Actuary Vol. 22, No. 6. In this article the author shares her ideas about the challenges we face as buyers and sellers of life reinsurance, and she describes some activities of the Reinsurance Section which address these challenges.

Description: This article makes reference to a session on financial reinsurance at the 2007 Society of Actuaries Annual Meeting, noting that the speakers at the meeting made a case that with respect to life reinsurance, “the rating agencies should have a more positive view of financial reinsurance,” and clarified that the recent problems arose on the property-casualty side, where financial reinsurance was used to smooth earnings.

Description: This article discusses the goal of the Society's new Task Force on Banks and Financial Institutions which is how the actuarial role can be extended into financial institutions.