SOUTHEASTERN ACTUARIES CONFERENCE - Actuary.com
SOUTHEASTERN ACTUARIES CONFERENCE - Actuary.com
SOUTHEASTERN ACTUARIES CONFERENCE - Actuary.com
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<strong>SOUTHEASTERN</strong><br />
<strong>ACTUARIES</strong><br />
<strong>CONFERENCE</strong><br />
2000 November Meeting<br />
November 15, 16 & 17, 2000<br />
Harbor Court Hotel<br />
Baltimore, Maryland<br />
President<br />
Vice President<br />
Secretary/Treasurer<br />
Membership Chairman<br />
Past President<br />
Member at Large<br />
Member at Large<br />
EXECUTIVE COMMITTEE<br />
Betty Anne Neal<br />
Robert B. Crompton<br />
Robert H. Dobson<br />
James D. Atkins<br />
Ann B. Frizzell<br />
Lonnie A. Etheridge<br />
J. Wade Luther
Wednesday, November 15<br />
2:00 p.m. – 5:00 p.m. SEMINAR – ASSET LIABILITY MANAGEMENT<br />
(Sponsored by Swiss Re Investors)<br />
2:00 p.m. – 5:00 p.m. SEMINAR – Long Term Care Insurance<br />
(Sponsored by Milliman & Robertson, Inc.)<br />
4:00 p.m. – 5:30 p.m. REGISTRATION<br />
Thursday, November 16<br />
7:00 a.m. – 7:50 a.m. REGISTRATION AND BREAKFAST<br />
8:00 a.m. – 8:30 a.m. BUSINESS SESSION<br />
8:30 a.m. – 10:00 a.m. SAVING SOCIAL SECURITY<br />
10:00 a.m. – 10:30 a.m. BREAK<br />
G<br />
G<br />
G<br />
G<br />
Financial Status of the Program<br />
How Trust Fund Accounting Really Works<br />
The Annual Actuarial Valuation<br />
Alternative Structures For Social Security<br />
L Andrew C. Lang, FSA, MAAA<br />
President<br />
Andrew C. Lang Associates, Inc.<br />
10:30 a.m. – 11:00 a.m. PRESCRIPTION DRUGS<br />
G Causes of Drug Inflation – Historic & Future<br />
G<br />
Current Proposals For Senior Citizens<br />
G<br />
G<br />
G<br />
G<br />
Out of pocket costs<br />
Medicare<br />
Medigap changes<br />
Alternatives<br />
L William C. Weller, FSA, MAAA<br />
Assistant Vice President and Chief <strong>Actuary</strong><br />
Health Insurance Association of America
11:00 a.m. – 12:00 noon FOREIGN MARKETS, PRODUCTS & DISTRIBUTION SYSTEMS<br />
G Countries and Markets<br />
12:00 noon – 1:30 p.m. LUNCH<br />
G<br />
G<br />
G<br />
Existing and Emerging Products<br />
Distribution Systems<br />
How U.S. Companies Can Participate<br />
L Charles E. Moes, Jr., FSA, MAAA<br />
Vice President and <strong>Actuary</strong><br />
Metropolitan Life<br />
1:30 p.m. – 3:00 p.m. MOCK ABCD HEARING<br />
L Lauren M. Bloom<br />
General Counsel<br />
American Academy of Actuaries<br />
3:30 p.m. – 5:00 p.m. CONCURRENT SESSIONS<br />
3:30 p.m. – 5:00 p.m. FINANCIAL REINSURANCE FOR THE NEW MILLENNIUM<br />
G The Role of Financial Reinsurance<br />
G<br />
G<br />
G<br />
Financial Reinsurance vs. Traditional Reinsurance<br />
Economic, Regulatory and Strategic Considerations<br />
Case Studies and Illustrations<br />
L Gary Seifert - Moderator<br />
Vice President of Marketing<br />
RGA/Swiss Financial Group<br />
L Lawrence S. Carson, FSA, MAAA<br />
<strong>Actuary</strong><br />
RGA/Swiss Financial Group<br />
L David Addison, FSA, MAAA<br />
<strong>Actuary</strong><br />
RGA/Swiss Financial Group<br />
3:30 p.m. – 5:00 p.m. HEALTH TOPICS<br />
G Premium Deficiency Reserves<br />
L Marla A. Cellucci, MAAA, ACA<br />
Director and <strong>Actuary</strong><br />
Trigon Blue Cross Blue Shield
G<br />
Managed Care Topics – Negotiated Arrangements, Open Access, Defined<br />
Contribution Plans<br />
L James E. Drennan, FSA, MAAA, FLMI<br />
Principal<br />
Tillinghast – Towers Perrin<br />
G<br />
Individual Health Topics – Medigap, Long Term Care, Seniors Market,<br />
MSAs, Supplemental Medical Products, Under Age 65 Market<br />
L D. Joeff Williams, FSA, MAAA<br />
Consulting <strong>Actuary</strong><br />
Actuarial Management Resources, Inc.<br />
6:30 p.m. – 7:30 p.m. GENERAL RECEPTION<br />
Friday, November 17<br />
7:00 a.m. – 7:50 a.m. BREAKFAST<br />
8:00 a.m. – 8:15 a.m. BUSINESS SESSION<br />
8:15 a.m. – 9:00 a.m. ACQUISITION STRATEGIES<br />
G<br />
G<br />
G<br />
G<br />
Characteristics of a Good Acquisition Target<br />
Culture Clash<br />
Products, Markets & Economies of Scale<br />
How to Make Your Company Unattractive to an Acquirer<br />
L To be determined<br />
9:00 a.m. – 10:00 a.m. CURRENT DISTRIBUTION ISSUES<br />
G E-<strong>com</strong>merce – Health & Life<br />
L Tom Shreve<br />
Selectica, e-Insurance Division<br />
G<br />
Compensation Issues<br />
L William N. Goff, CLU, ChFC<br />
Consultant<br />
Tillinghast – Towers Perrin<br />
10:00 a.m. – 10:30 a.m. PRIVACY<br />
G Gramm-Leach-Bliley<br />
G HIPAA<br />
G Market Conduct Issues
10:30 a.m. – 11:00 a.m. BREAK<br />
L Thomas F. Wildsmith, FSA, MAAA<br />
Policy Research <strong>Actuary</strong><br />
Health Insurance Association of America<br />
11:00 a.m. – 12:30 p.m. WORKSHOPS<br />
1. SMALL COMPANY ISSUES<br />
G Systems<br />
G Dealing with Regulations and Regulators<br />
G Staffing<br />
G Outsourcing<br />
G Single Point Product Filings<br />
L Norman E. Hill<br />
Executive Vice President and Chief <strong>Actuary</strong><br />
Kanawha Insurance Company<br />
2. PRICING OF VARIABLE ANNUITY GUARANTEES<br />
G<br />
G<br />
G<br />
G<br />
G<br />
Actuarial vs. Capital Markets Methodology<br />
GMDB Options<br />
GMDB in Combination With GMIB<br />
New Guarantees (for example – Earnings Enhancement Benefits)<br />
Reinsurance Design and Pricing<br />
L Timothy J. Ruark, FSA, MAAA<br />
President<br />
Ruark Insurance Advisors, Inc.<br />
3. HEALTH TOPICS<br />
G<br />
G<br />
Government Role in Health Care<br />
G FEHBP<br />
G Medicare + Choice<br />
G Medicare Rx<br />
G Medicaid Managed Care<br />
Insurance Company Issues<br />
G Cost Trends<br />
G Operational Issues<br />
L John C. Wilkin, FSA, MAAA<br />
Senior <strong>Actuary</strong><br />
Actuarial Research Corporation
L Phillip L. Johnson, FSA, MAAA<br />
Pricing <strong>Actuary</strong><br />
BlueCross BlueShield of Tennessee<br />
4. LIFE TOPICS – GENERAL AUDIENCES<br />
G GAAP Issues<br />
G NAIC Issues (excluding XXX)<br />
G 7702/7702A and Other Product Issues<br />
L David L. White Jr., FSA, MAAA<br />
Senior Actuarial Manager<br />
KPMG LLP<br />
5. LIFE TOPICS - XXX<br />
G NAIC Activity on XXX and XYZ<br />
G Product / Valuation / Reinsurance Responses to XXX<br />
G Life Company Response to Proposed and Future NAIC Activity<br />
12:30 p.m. ADJOURN<br />
L David J. Orr, ASA, MAAA<br />
Senior Vice President & Chief <strong>Actuary</strong><br />
Legal and General America
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