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November 01, 2005

2005 Annual Meeting Seminars

soaNY.jpgThis year at the SOA Annual Meeting, there will be two featured seminars that you simply cannot miss! The Fertility Projections for Social Insurance Symposium will be held on November 14-15. The Enterprise Risk Management and Pension Finance seminar will be held on November 14-16.

Fertility Projections for Social Insurance Symposium

November 14-15, 2005 Hilton Hotel, New York

Do you want to know how fertility rates impact social insurance projections? If this question has been running through your mind, make plans on attending this 1-½ day seminar to get the answer! This program provides
a unique forum to gather alternative schools of thought on expected fertility experience.

Hear about the different trends by country, with a focus on the United States and Canada. Current projection methodologies used by actuaries
and demographers will be discussed in addition to the determinants
of uncertainty. The seminar will conclude with a roundtable discussion
with panel members and the audience.

See session schedule and description here


Enterprise Risk Management
and Pension Finance Seminar



November 14-16, 2005
Hilton Hotel, New York

What is bigger right now than ERM? How can you, as a pension actuary,
use ERM to help plan sponsors manage, mitigate or retain plan risks as part of a strategy that encompasses all corporate and operational risks? To find out the answer to this and other ERM questions, register now for this 2-½ day seminar! Topics include an Equity Analyst’s View to Value Added Pension Plan Design. The seminar will conclude with a summary of previous days discussions and look at how capital markets will understand and react.

See session schedule and description here

Posted by Tom Troceen at 01:01 PM

Loss Reserves, Risk Transfer, and Regulatory Capital Models Among Topics at CAS Annual Meeting, Nov. 13-16 in Baltimore

ARLINGTON, VA -- Facts and perceptions regarding loss reserves, adequate risk transfer for reinsurance accounting, and developments in regulatory capital models around the world will be featured topics during the Annual Meeting of the Casualty Actuarial Society (CAS), November 13-16, 2005 at The Renaissance Harborplace Hotel in Baltimore, Maryland.

The meeting provides a forum for actuaries and other professionals to stay abreast of current issues affecting the insurance industry and the actuarial profession, as well as opportunities to interact with other actuaries from around the globe.

The featured speaker is Roger Lowenstein, author of Buffet: The Making of an American Capitalist and When Genius Failed: The Rise and Fall of Long-Term Capital Management. Currently a writer for Smart Money magazine, Lowenstein reported for the Wall Street Journal for more than ten years and wrote the Journal's "Heard on the Street" column from 1989 to 1991 and its "Intrinsic Value" column from 1995 to 1997.

Four general sessions are planned:

* Loss Reserves-Facts and Perceptions will take a broad view of reserving practices and techniques from both a United States and United Kingdom perspective.
* Risk Transfer will feature a roundtable of actuaries and accountants who are familiar with risk transfer requirements. They will discuss and debate several methods for determining whether particular contracts transfer actuarial risk.
* Rating Agencies will present members of various rating agencies discussing the factors that influence their risk-based capital models and the issues that they feel have defied precise quantification to date.
* Developments in Regulatory Capital Models Around the World will discuss how different regulators determine whether an insurer's or reinsurer's capital is sufficient for regulatory purposes. The session will center on the new capital requirement models that focus on the use of company-specific data and a company's own internal models.

Other topics to be covered include: accounting implications of actuarial decisions, actuarial opinions and risk of material adverse deviation, advancements in hurricane risk management, current loss reserving developments, enterprise risk management, trends in tort litigation, operational risk, predictive modeling, profit sharing plans, Sarbanes-Oxley, state vs. federal regulation, the reinsurance market, and asbestos litigation.

The registration fee is $775 for active members, candidates, affiliates or subscribers of the CAS or of an actuarial organization worldwide, if received by October 28. After that date, the fee will increase to $825. For more information and for a registration brochure, please visit the CAS Web Site.

Members of the press are welcome to attend the meeting and are asked to register with Mike Boa, CAS director of communications and research, at 703-276-3100 in advance of the meeting.

The Casualty Actuarial Society is an organization dedicated to the advancement of the body of knowledge of actuarial science applied to property, casualty and similar risk exposures. The primary goal of the Casualty Actuarial Society is to provide education and research to help its members become leading experts in the evaluation of hazard risk and the integration of hazard risk with strategic, financial and operational risk.

Posted by Tom Troceen at 12:58 PM