Description: Panelists discuss the Joint CAS/SOA Statement of General Actuarial Principles Exposure draft. Topics included are: -actuarial modeling -statistical regularity -stochastic modeling -time preference -diversity of preferences -present value of modeling -modeling of actuarial risks -validity of actuarial models -combinations of cash flows Risk Management: -avoidance of risks -actuarial soundness -risk classification -induced experience -credibility -anti-selection -information asymmetry -selection experience. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: Members of the Life Practice Council of the American Academy of Actuaries discuss the activity surrounding their key issues, and additional projects before the National Association of Insurance Commissioners. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: This session at the SOA 1990 San Francisco Spring Meeting covers emerging issues in statutory and GAAP financial reporting as well as activity with respect to actuarial principles.

Description: 1987 Valuation Actuary Symposium. This session presented views regarding Professional Development of regulators from the states of California, Texas and New York as well as comments from the government actuary in the United Kingdom.

Description: This presentation is an Interactive Forum, session number 20IF, from the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. The panelists discuss the American Academy’s Valuation Task Force and its committees working on the proposal to revise the Standard Valuation Law, referred to as the Unified Valuation Law [UVL], to update participants as to the status of the committees’ work. They provide a description of the activities currently taking place, and an update of where the revisions process stands and what the next steps are. The current system versus what is proposed are discussed, including concerns of regulators. Discussion from participants is included.

Description: An article that defines the scope of the Society of Actuaries reorganized administrative practice areas: life insurance, health benefit systems, retirement systems, and financial and investment management and solicits input from membership about the allocation of responsibilities.