Description: Annuities are presenting ever-greater risks for the direct writers: • Variable annuities with guaranteed minimum and enhanced death benefits and income benefits • Fixed annuities with multi-year rate guarantees are capital intensive • In-force structured settlements have asset portfolios with declining investment yields • The impact to the payout annuity market from lengthening life expectancies From the Record of the Society of Actuaries, Volume 27, No. 3, Session 146 PD of the New Orleans Annual Meeting

Description: Two experts in the reinsurance world discuss new developments in two topical but somewhat unrelated areas: the optional federal charter and offshore reinsurance. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 50PD of the New Orleans Annual Meeting.

Description: The panelists at this session of the SOA 2003 Washington, DC Spring Meeting discuss recent GAAP activities including new Standards of Practice for new nontraditional products and internal replacements. Developments at the FASB and SEC are also discussed.

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting cover the history, current status and future of Internet security. Topics discussed include firewalls, encryption software and how Internet networks are constructed.

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting discuss variable annuity reserving issues with respect to statutory, GAAP and tax. Methodologies and the effect of a proposed Standard of Practice are discussed.

Description: This session from the 2003 SOA Orlando Meeting covers an update on IASB developments related to international accounting standards for insurance, fair value versus other measures, recognition of profits or losses at issue and balance sheet versus income statement focus for financial reporting. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: This session from the 2003 SOA Orlando Meeting focuses on the actuary's role and responsibility in the financial reporting process. It covers peer-review standards in Canada, Sarbanes-Oxley and the implementation of both in financial reporting. From the Record of the Society of Actuaries, Volume 29, No. 3.

Description: Discussion topics include analysis of actual-to-expected loss experience, tracking of pricing adequacy and competitiveness, leading indicators of financial results, profitability measurement and source of earnings analysis and similarities/differences in individual and group financial management. From the Record of the Society of Actuaries, Volume 29, No. 3, Session 36

Description: This presentation is an open forum, session 68OF, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. The panelists, investment professionals and an actuary, discuss strategies that life insurance companies use for their capital account [surplus] assets. From the Record of Society of Actuaries, Volume 30, No. 2.

Description: This presentation from Session 109 of the SOA May 2004 Anaheim Spring Meeting discusses how to improve the manner in which the funding of a defined benefit pension plan reacts under adverse economic conditions using asset-liability projections. Investigating the utility of hedge funds and other investment products in the risk management of pension plans is also discussed. From the Record of the Society of Actuaries, Volume 30, No. 1.