Description: Presentation at May 1996 Spring Meeting Discusses evaluating yield needs and whether the expected net return will outweigh the RBC/rating agency penalty of added surplus requirement, the effect of factoring in volatility, the utility of using assets with high RBC requirements, and the amount limits on various assets.

Description: From a session at the 2001 Valuation Actuary Symposium, held in Lake Buena Vista, Florida, November 29-30, 2001 Panel discussion overview of current risk-based capital RBC requirements of life insurers, as well as insight into topical issues and potential changes to RBC. Items covered include: • Recap of RBC law and RBC calculation rules • Tax impact on the factors • Common stock issue • C-3 testing • Proposed C-3 testing for Variable Annuity Guaranteed Living Benefits VAGLB • Liquidity risk issue

Description: 1992 SOA Annual Meeting, Washington, D.C. This session discussed the 1992 status of NAIC risked-based capital. Topics included: 1. An update of the formula and the model law. 2. The regulatory viewpoint, which addressed the need for RBC and how the model law was to be implemented. 3. The rating agency viewpoint on RBC and its use.

Description: This session at the SOA 1990 San Francisco Spring Meeting is about the relationship between product design and investment policy. The focus is on a review of investment metircs, discussion of option adjusted spreads, and the use of total return from equity investments to support insurance products.

Description: This open forum was presented as Session 8A at the 1987 Valuation Actuary Symposium. The panelists discuss participating insurance, and how it differs from other lines of business under the Valuation Actuary concept. The topics covered include cash flow analysis and testing, asset liability management, and investment strategy. The presentation notes that the focus of asset liability management for participating insurance is not the guaranteed values, but rather maximizing dividends consistent with policyholder expectations. Comments from attendees are included.

Description: This session from the 1983 SOA Hollywood, Florida Meeting discusses investment strategy, new investment instruments, investment strategy for flexible cash value policies, investment strategy for traditional policies and an example of investment strategy for a SPDA. Record of Society of Actuaries Vol. 9, No. 4