Description: This session explores where financial engineering is applied, who is “leading the charge,” and what are the current and future roles of actuaries. From the Record of the Society of Actuaries, Volume 27, No. 2, Session 55PD of the Toronto Spring Meeting.

Description: This session discussion is about deterioration in claims-paying ability, financial well-being of life insurance companies, benchmark surplus standards, key operation ratios, credit analysis of asset holdings, market view of stock companies, adequacy of capital in the industry, appropriate risk/reward posture in the industry, advice to management, outlook for the various business and views on surplus relief devices. From Record of the Society of Actuaries Vol. 15, No. 3A.