Description: Discusses the types of risks that are considered derivatives, the pricing of a derivative, how to manage derivative risks once they are on your books, and some specific examples of how companies are managing them. From the 2002 Record of Society of Actuaries, Volume 28, No. 3. Session 93PD of the Boston Annual Meeting.

Description: This report explains the concept and construction of the Market Consistent Embedded Value (MCEV) measure, as well as its usefulness as a profit/risk measure relative to other profit/risk measures currently used by insurance companies for various products. The knowledge from this research will assist actuaries, corporate leadaers, risk management professionals and others in understanding, implementing and comparing MCEV to current risk assessment tools utilized by insurance companies.

Description: This session at the 2004 Valuation Actuary Symposium discusses dealing with volatile equity returns with DAC ammortization methodologies of stochastic DAC and mean reversion.

Description: From a session at the annual meeting of the Society of Actuaries held in Chicago, Illinois, October 15-18, 2000 Discussion of market driven product development principles and processes.

Description: Full version of Product Matters! November 2003, Issue No. 57.

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting discuss the shift in interest in the market place from accumulation to income, i.e. payout annuities. Marketing opportunities and product designs are discussed.

Description: This session at the SOA 2004 Annual Meeting covers payout annuity issues including an overview of product designs, the current market, and underwriting or substandard annuities.

Description: This session at the SOA 2003 Washington, DC Spring Meeting focuses on the process for identifying and resolving significant differences of opinion on assumption levels between pricing and financial actuarial areas of a company. Developing a consistent view of a company's financial picture is discussed.

Description: This session provides attendees with information on the latest available retirement income products, advantages and disadvantages of each and the impact of the low interest rate environment on those products. From the Record of the Society of Actuaries, Volume 29, No. 3, Session 70pd.

Description: This session from the 1995 SOA Boston Meeting provides an update on developments in the fixed, variable and market-value-adjusted annuity markets, including product trends such as compensation, bailouts, guaranties, return-of-premium benefit and roll-up benefit. From the Record of the Society of Actuaries, Vol. 21, No. 4b.