Description: Panelists at this session of the 2000 Valuation Actuary Symposium discuss recent developments in the area of fair-value financial reporting including recent FASB developments, international accounting standards, and different approaches to valuing liabilities.

Description: Panelists at this session of the SOA 2001 Toronto Spring Meeting give an overview of the new methodology to compute the C-3 component of statutory risk-based capital and quantification of the impact of the change in methodology. Issues from a regulatory perspective and from a company perspective are discussed.