Description: From an interactive forum session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 This interactive forum addressed the major financial reporting issues and concerns of senior actuaries in life insurance companies.

Description: Presented at May 2002 Spring Meeting. Discusses the proposed new valuation table and how it affects future product development and design.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 In this session the panelists discussed the issues related to the actuarial aspects associated with the demutualization process. The issues discussed included: • Developing historical and prospective assumptions • Aligning the models used in the company’s philosophy regarding dividend determination and pricing • Creating experience assumptions when less-than-perfect data exist • Determining who gets what • Complying with actuarial and accounting standards

Description: This discussion covers an update on mortality research. Specifically, it highlights the long term conditional survival of cancer patients, recent trends in the mortality of the aged, parametric models for life insurance mortality data, and shares an exposure draft of the derivation of the 1983 table A for individual annuity valuation. From Record of the Society of Actuaries 1981, Volume 7, No. 4.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 The panel provides an update on the status of the Factors in the Risk Selection Techniques Study.

Description: Presented at May 2000 Spring Meeting. Some companies are planning to increase sales and lower expenses by packaging the sale of long-term-care coverage with complementary products. Life and annuity combinations, market positioning, product features and product development issues are discussed.

Description: Panelists discuss the background and history behind NAIC Guideline 33, including changes from the original AG 33 to the new one. Also included are numerical and graphical examples to illustrate the intent of the new Guideline 33. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: Panelists of this teaching session discuss: [1] policyholder and company behavior and its impact on model and assumptions, [2] model purpose and structure, data collection, and behavior models, and [3] the modeling process, including objectives, considerations, constraints, and validation. Session 10 of the 1996 Valuation Actuary Symposium.

Description: From a session at the 2000 Valuation Actuary Symposium held in Washington DC, September 14-15, 2000 The National Association of Insurance Commissioners NAIC Valuation of Life Insurance Policies Model Regulation XXX sets forth the valuation requirements for life insurance with nonlevel premiums or nonlevel benefits, including term insurance and universal life with certain underlying guarantees. Panelists discussed the issues around implementation of the requirements. The issues discussed include: • Determination of X factors when no credible company mortality exists • Proper treatment of secondary guarantees in universal life insurance • Preparation of the mortality assumption opinion requirements • Impacts on product development and design

Description: Presented at May 2002 Spring Meeting. The panel identifies the risks in annuity products and the product development and reinsurance actions that can enable an insurer to manage the risks.