Description: This annual survey of long-term lapsation prepared by the Life Insurance Marketing and Research Association examines the experience of ordinary insurance in Canada between 1993 and 1994 policy anniversaries.

Description: Many insurers preparing market consistent financial statements encounter the issue of developing volatility assumptions for equity options and guarantees that are longer than any observable market data. This presentation develops a generalization of the classical Black Scholes option pricing model that is consistent with the European CRO Forum's framework for valuing non-hedgeable risk. The presentation argues that, with reasonable parameter choices, the model fits observed volatility surfaces well enough that it can be used to estimate implied volatilities where no market data exists.

Description: An Excel spreadsheet to aid the reader in interpreting the information contained in the report, which provides exposure information by lapse factor and data cell. Please see the SOA website experience studies for the full report.

Description: This is a report on intercompany mortality experience by amount of insurance under standard individually underwritten issues. This study includes policy years 2005-07.

Description: This discussion is divided in three sections: Further Application, asking how much accounting can be done on computers. Conversion, looking at further functions integrated into the systems by companies converting to Electronic Data Processing function-by-function and Savings, examining if it is any clearer what the ultimate savings from Electronic Data Processing will be. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: The SOA's Committee on Finance Research is please to make available the results of this research project, jointly sponsored by the SOA and CAS, that explores economic series and provides and Excel based tool for generating future economic scenarios. This is an Excel Spreadsheet for Appendix C showing Simulated Financial Scenario Data of inflation rates and interest rates from this research project. Please see the SOA website for the full report and other related spreadsheets.

Description: This session at the SOA 1990 Hartford Spring Meeting is about proposed revisions of the Standard Valuation Law. The changes from the insurance company and regulator perspective are discussed. The concept of the valuation actuary is also discussed.

Description: 1993 SOA Spring Meeting, Boston. This session presented ways of using technology of 1993 in order to further actuarial applications and actuarial projects. The speakers related recent personal experiences in which emerging trends in hardware, software, and methodologies have been utilized.

Description: From session 75CS at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999, Presenters identify issues and challenges faced by the valuation actuary when performing cash-flow testing on equity-indexed and variable products.

Description: Presented at May 2002 Spring Meeting. Discusses basic considerations and the process of an international acquisition or merger.