Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting discuss variable annuity reserving issues with respect to statutory, GAAP and tax. Methodologies and the effect of a proposed Standard of Practice are discussed.

Description: In session 132 PD of the New York Annual Meeting panelists discuss the content and status of the draft NAIC Actuarial Guideline ZZZ and the work of the AAA Task Force on Variable Products with Guaranteed Living Benefits. The Black-Scholes option pricing method is also covered. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: This session at the SOA 2001 Annual Meeting discusses variable annuities with guaranteed living benefits including an overview of the market and risk management practices from the viewpoints of a reinsurer, including hedging options, and a rating agency.

Description: 2004 SOA Annual Meeting and Exhibit, New York. In this discussion, panelists looked at the economic cost of guarantees in VA products and explored some of the methods, concentrating on hedging, that companies are using to manage their exposures.

Description: 2004 SOA Annual Meeting and Exhibit, New York. This discussion looked at individual life insurance and annuity products and the risks these guarantees carry, such as: 1. Extended maturity benefits. 2. Secondary guarantees. 3. Guaranteed insurability. 4. Guaranteed minimum living and death benefits in VA.

Description: 1994 SOA Meeting, San Francisco. This session discussed variable annuities and how direct companies use reinsurance to mitigate death and investment risk. Variable annuities and the enhanced death benefit were addressed from the direct and reinsurance sides.

Description: In session 85OF of the Montreal Spring Meeting panelists discuss reserving requirements, methods, and risks associated with offering Guaranteed Minimum Death Benefits GMBD on variable annuities. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: In session 11 PD of the Washington Annual Meeting panelist discuss major issues relating to variable products including life and annuities. From the Record of the Society of Actuaries, Vol. 23, No. 3.

Description: From session 23PD at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000. Panelists discuss various techniques employed by insurers for managing the risks inherent in their variable annuity portfolios.

Description: This session 160 TS of the 2001 SOA Annual Meeting explains Guaranteed minimum income benefits GMIBs, guaranteed minimum accumulation benefits GMABs, guaranteed minimum death benefits GMDBs, and death benefits designed to cover the approximate income tax on the gain in the contract all provide additional protection for the purchaser, but they may also bring added risk to the insurer. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 160TS.