Description: Panelists consider the future environment of the valuation actuary in the U.S., the current environment in Canada and elsewhere, and the likely future methods of determining financial solvency in the U.S. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.

Description: The paper explores developments through 2006 in the application of market-consistent concepts to the measurement of fair values of liabilities for financial reporting purposes. A set of criteria is presented that should be useful in the evaluation of proposed fair value measurement approaches where inputs based on prices observed in an active market with reliable transaction prices are not available. Based on these criteria, one approach is examined that might serve as a basis for the fair value measurement of the liability of life insurance contracts and other financial instruments issued by insurers.

Description: The paper explores developments through 2006 in the application of market-consistent concepts to the measurement of fair values of liabilities for financial reporting purposes.

Description: This article discusses the need to broaden and expand the actuarial profession. The author encourages adding new practice areas or enhancing existing ones.

Description: Presidential address at the 1996 annual meeting. The president encourages actuaries to broaden their scope and skills, develop the attributes he discusses and make a plan to redesign yourself.

Description: This article discusses international proposals for accounting reform that would establish a global common measurement approach for the large majority of life insurance and annuity products.

Description: This is a presidential address to the Society of Actuaries by Sam Gutterman. From Transactions of Society of Actuaries 1995-96 Reports.

Description: Actuaries should make the effort necessary to make a real contribution to business and public policy.

Description: This session discussion is about the role of data analysis in decision making, HIAA surveys, National Center for Health Statistics [surveys on Ambulatory Medical Care, Hospital Discharge and Nursing Homes], and SOA experience data collection efforts. From Record of the Society of Actuaries Vol. 15, No. 1.

Description: Discusses the initial accomplishments and upcoming challenges of the newly formed IFAA. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.