Description: Actuaries are trained to measure and manage risks, for example, mortality, morbidity, interest rate, and asset default risks. However, the range of risks to which companies are exposed is wider than is sometimes considered. This complex array of risks needs to be managed holistically in concert and not in isolation. The actuary is increasingly called upon to assist in this process and needs a broader perspective and more powerful toolkit. From the Record of the Society of Actuaries, Volume 26, No. 3: Chicago Annual Meeting, October 15-18, 2000, Session 54PD.

Description: This presentation, session number 4PD, took place at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago. The panelists pose this question: “now that the Financial Services Modernization Law is about a year old, how are banks and insurance companies repositioning themselves?” Topics include new or modified strategies, any imminent changes in the federal law, whether legislative efforts shifted to state laws, status of the state privacy laws and impact on customer segmentation, Leading Banks-In-Insurance Report trends 10/00 Association of Banks-In-Insurance, and how products, distribution, and competition for the insurance industry will be redefined. Discussion from participants is included. From the Record of the Society of Actuaries, Volume 26, No. 3.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists, discussing their own experiences in Canada and the U.S., present their views on why they chose to leave insurance companies for a consulting career. Their individual experiences include joining existing firms, as well as starting a practice as an independent consultant. The panelists discuss the tradeoffs between an insurance company career and consulting, and how to start a consulting practice, including skills needed, marketing, financing, and finding a niche. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: This session from the 1984 SOA New York City Meeting covers techniques used to effectively manage a company's cash considering liquidity, control and investment income. It includes the topics of collecting and mobilizing cash, reconciliation procedures, investing cash and disbursement functions. From Record of the Society of Actuaries Vol. 10, No. 3

Description: This presentation, session number 53PD, took place at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago. The panelists note that “for several years only a few foreign insurers were permitted to provide life and health insurance in China. In recent years, regulators have been more receptive to the new entry of foreign insurers…” Topics include history of the development of the market, market demographics, including regionalization, types of products, distribution systems, and regulatory requirements for entry and continued operation. Discussion from participants is included. From the Record of the Society of Actuaries, Volume 26, No. 3.

Description: This presentation was made at the 1975 SOA Los Angeles Spring Meeting. It addressed regulations relating to disclosure and cost comparison, equal opportunities and human rights legislation and impact on ways of doing business.

Description: Discusses innovative ways in which insurance companies can obtain capital for investment and new business. Includes purchasing collateralized mortgage obligations [CMOs]. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: This session from the 1995 SOA New York City Meeting discusses the factors to review in re-pricing life products, insurers' methods for monitoring in-force business, and the importance of re-pricing in-force business. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: This presentation is an open forum from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss the current public image of the life insurance industry, and whether life insurers meet or are able to meet public expectations. They examine the differences between the public’s outside view and the actuary's view from the inside, how they differ, and what the actuary can do to improve the industry’s image, as an educator and communicator. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: This session from the 1984 SOA Salt Lake City Meeting covers the special problems and opportunities of managing a small life insurance company including distribution systems, the role and expertise of the reinsurer and the role that a consultant can play in developing the business direction.