Description: Presented at May 1985 Spring Meeting. Discusses: Target surplus formulas for specific product lines, Projecting product line surplus needs, How cost of capital is charged to product lines, Criteria to use in allocating capital to or withdrawing capital from specific product lines, Differing techniques appropriate for stock and mutual companies, Differing techniques appropriate for the United States and Canada, How capital allocation relates to regulatory requirements, How capital allocation relates to competition in other industries.

Description: In light of recent life insurance company insolvencies, this session at the SOA 1990 San Francisco Spring Meeting looks at industry solvency issues. The question of whether or not there is a surplus crisis is debated.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. Noting that the regulatory authorities have been talking about the need to modify GAAP and statutory balance sheets to more closely reflect market values, with most of the focus on the market value of assets, the panelists discuss current regulatory thinking, including with respect to disclosures, problems associated with looking only at assets [and not liabilities], practical implications, and use of results as a management tool. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: This session at the SOA 1990 Annual Meeting explores credit risk issues including the inadequacies of current data and methodologies to measure it. A disciplined actuarial methodology for measuring credit risk and efforts underway for an intercompany study are discussed.

Description: Discusses the Exposure Draft on Life Insurance Company Valuation Principles, which calls for scenario testing under assumptions. Also discusses the requirements under New York Regulation 126 and the role of the valuation actuary. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held May 16-17 in New York. The panelists discuss emerging issues in both statutory and GAAP financial reporting. They discuss current activities of the National Association of Insurance Commissioners, ‘NAIC,’ Financial Accounting Standards Board, ‘FASB,’ Actuarial Standards Board, ‘ASB,’ the American Academy of Actuaries, and the American Institute of Certified Public Accountants, ‘AICPA.’ Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 2.

Description: This session at the SOA 1990 San Francisco Spring Meeting is about the relationship between product design and investment policy. The focus is on a review of investment metircs, discussion of option adjusted spreads, and the use of total return from equity investments to support insurance products.

Description: 1992 SOA Regional Meeting, Anaheim. In this session the 1992 acting president of the National Organization of Life and Health Guaranty Associations discussed some of the major liquidations/rehabilitations that NOLHGA has dealt with and the policyholder protection afforded under the model guarantee fund law.