Description: From a session at the annual meeting of the Society of Actuaries held in Chicago, Illinois, October 15-18, 2000 This session covered issues related to insurance via the Internet, specifically: · Sales-to-date and projected sales for life, annuities, and property and casualty · Marketing approaches used · Underwriting process and fulfillment · Lead generation versus direct sales · Product and pricing implications · Lessons learned-to-date The panel of experts offers perspectives on the various ways the industry is utilizing the Internet and what we can expect to see in the future. Mr. Todd Erkis: I'm a life and annuity actuary from PricewaterhouseCoopers.

Description: This presentation is an open forum, session 58OF, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. The panelists present both theoretical and practical perspectives of the role of assumed asset returns and credit spreads in determining the fair value of policyholder liabilities. They cover financial economics, how other financial service companies value liabilities, what factors go into determining an appropriate discount rate for insurance liabilities, and issues currently being debated by the International Accounting Standards Board [IASB], and the Financial Accounting Standards Board [FASB]. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 2.

Description: Presented at October 1986 Annual Meeting. This session discussion is about the impact of the AIDS epidemic, legal challenges to risk classification practices, impact on practices resulting from these challenges and from trends in areas such as preferred risks and guaranteed issues, possible future developments in underwriting and risk classification and how they may impact product design and marketing.

Description: Presented at May 2000 Spring Meeting. The Balanced Budget Act of 1997 dramatically changes the competitive landscape for Medicare products by establishing the Medicare+Choice program. This session recaps the Balanced Budget Act's impact on payment rates for capitated plans and the effects that the changes have made on benefit design and enrollment trends in certain geographical areas.

Description: Presented at October 2000 Annual Meeting. The panel presents the status of recent legislative proposals and current election debates, and then focuses more attention on the potential longer-term directions for the health-care system.

Description: This session from the 1981 SOA Spring Meeting concerns the relationship of product design and investment philosophy in light of the high interest rate environment and increased lapsation. Topics discussed were changes in the maturity of debt instruments, how withdrawals provisions affect product pricing, allocating specific classes of assets to product lines and surplus objectives resulting from the matching of assets and liabilities. From Record of Society of Actuaries, Vol. 7, No. 3.

Description: Panel discussion focused on the Effective Use of Capital. Topics included: 1. Definition of capital 2. Appropriate level of capital and surplus in a life insurance company 3. Alternatives for deploying capital 4. Returns a life company should demand on invested capital 5. How much a company should charge for lending its capital in reinsurance transactions

Description: The panel discussed actuarial opportunities in the 1980's and 1990's. Questions discussed included: 1. Will traditional opportunities be reduced? 2. What nontraditional opportunities are available? 3. What changes are needed in our educational process? 4. How do we make nontraditional employers aware of actuarial skills and their value? 5. What will actuarial work be like? From Record of Society of Actuaries Vol. 8, No. 3.

Description: Attendees learn the major issues on both sides of the single-payer health care issue. They learn the challenges associated with a massive conversion of our health care system and explore the economic impact of such changes. From the Record of the Society of Actuaries, Volume 30, No. 1, Session 110

Description: State insurance regulators discuss transfer of risk, letters of credit, surplus relief, mirror reserving, offshore reinsurance, and accounting credit for reinsurance. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4B.