Description: In session 74OF of the Montreal Spring Meeting panelist discuss the overall structure of management of corporate risk, including asset/liability management. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: Presenters in this session 14TS of the Monteal Spring Meeting introduce seasoned actuaries to the new material on the Finance Track of the Education and Examination syllabus. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: This session discussion is about coping with cash-flow testing in a small company. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: The proposed revisions to the variable annuity statutory framework and the FASB targeted improvement for long duration contract, motivate life insurance companies to re-evaluate their hedging strategy. Recently proposed revisions of AG 43/VM-21 and C3 Phase II, reward companies that have a clearly defined hedging strategy, if the companies can demonstrate that the valuation model and capital model can estimate real hedge performance accurately. The speakers of this session will discuss the hedging implication of the proposed AG 43/VM-21 and C3 Phase II framework. Additionally, methodology computational requirements, back-testing results under different economic scenarios and the resulting hedge credits of different hedging strategies will be compared, including explicit dynamic hedge and implicit dynamic hedge. The speakers will also touch on the impact of rebalance frequency on the performance of dynamic hedge. Case studies will be presented to provide guidance on practical implementation.

Description: From a session at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999 Panel examined the failure of three major life insurance companies in North America: Executive Life, Mutual Benefit, and Confederation Life, changes that have taken place in the aftermath of these failures, and the likelihood of future failures.

Description: The panel discusses: 1. How fund transfers may affect expense recoveries through fee revenue 2.How transfers between fixed and variable funds may impact required capital 3. Product design features that affect the risk profile of the product and 4. Modeling considerations to quantify the policyholder behavior risk. From session 113PD of the 2001 Toronto Spring Meeting.

Description: This session from the 2003 SOA Orlando Meeting covers insolvencies of insurance companies in the U.S., developments within the IAA with respect to solvency assessment and risk measurement. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: 1990 Valuation Actuary Symposium Proceedings is a panel discussion on the status of the valuation actuary and the change in the valuation law.

Description: This discussion looked at precautions the Home Office operations of a life insurance company could take to prevent disruption or destruction of records due to war. This discussion also reviews the topic of warfare on the U.S. continent and if the hazard would be bearable for individual companies and/or by the industry with a suitable pooling of risks.

Description: In the past, risk management has not been an integrated process in insurance companies. Changes in the financial industry refocused management attention to risk management. Management is starting to develop new ways to examine financial risks holistically in an integrated model: from 2004 Valuation Actuary Symposium, session 29PD.