Description: 1994 SOA Spring Meeting, Orlando. This session is about raising capital for mutual companies. Subjects discussed: 1. Access to capital markets. 2. Use of surplus debentures. 3. Demutualization. 4. Securitization. 5. Sale/leaseback of home office. 6. Sales of blocks of business. 7. Rating agency perspectives.

Description: This session from the 1984 SOA New York City Meeting discusses identifying appropriate types of businesses for acquisition, identifying target companies, the process from identification to purchase agreements, financing an acquisition and demutualization. Record of Society of Actuaries 1984 Vol. 10 No. 3 Negotiating strategy Life insurance companies as corporate investments. Record of the Society of Actuaries Vol. 10, No. 3 in New York

Description: Discusses securitizing policyholder loans [PHLs], including the history, purpose, and benefits of such transactions. Then, using the example of Prudential's large $619 million PHL securitization, panelists discuss it from perspectives of the seller [Pru], actuarial cash flows of the PHLs being securitized, the securities issuer, and the marketing of the securities. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: 1994 SOA Spring Meeting, San Francisco. This session about fluctuation in interest rates covered: 1. The impact of increasing interest rates on liabilities. 2. Whether insurance companies are prepared for movements in interest rates. 3. The effects that rising interest rates have on the asset side of the balance sheet and some of the associated risks. 4. Investment strategy and asset-liability strategy, using the SPDA product as example.

Description: Presented at October 1996 Annual Meeting. This discussion focuses on forces driving consolidation and the advantages that small companies have to counter those forces.

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting discuss how changes in interest rates affect the assets and liabilities of a life insurance company and what a company can do to prepare. This session examines historical trends in interest rates and how companies have reacted to both sudden and gradual changes.

Description: Discusses innovative ways in which insurance companies can obtain capital for investment and new business. Includes purchasing collateralized mortgage obligations [CMOs]. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: This session at the SOA 1990 Hartford Spring Meeting is about measuring investment results for different lines of business and different types of assets. Accounting issues related to investment results are also discussed.

Description: 1994 SOA Spring Meeting, San Francisco. This session explored the product design, pricing, and investment management strategies to mitigate the risk of long term minimum interest rates in a low interest rate environment.

Description: This session from the 1995 SOA New York City Meeting covers surplus management strategies and addresses the topics of risk-based capital RBC, reinsurance, growth and profitability, cost of capital, and required surplus. From the Record of the Society of Actuaries, Vol. 21, No. 2.