2010 Actuarial Society of New York Annual Meeting
Monday, November 15, 2010
We are very excited to open registration and share the lineup for this year’s meeting. At the general sessions, an accomplished group of industry leaders will present on a broad range of topics of interest to actuaries in all disciplines. The afternoon breakout sessions will feature many choices of more focused topics for life, health and pension actuaries.

Descriptions of the general sessions are provided below.

Healthcare Reform: The Patient Protection and Affordable Care Act (PPACA) and its implications on projected Medicare costs

Rick Foster, Chief Actuary, Centers for Medicare and Medicaid Services

Now that Congress passed the PPACA and the President signed it into law, the access and affordability problems have been solved, and with one stroke of the pen, the die has been cast, and all our budget woes have all been solved, right? Richard Foster will discuss topics such as his office’s analysis of the new legislation, the Medicare Trustees’ report, and the role of an independent actuarial office in the Federal government.

Chief Risk Officer Panel: Managing Risk in Uncertain Times

Helen Galt, Senior Vice President, Company Actuary & Chief Risk Officer, Prudential
Gideon Pell, Senior Vice President and Chief Risk Officer, New York Life
Andrew Wallace-Barnett, Senior Vice President & Chief Risk Officer, AXA
Henry Essert (moderator), Executive Advisor – Risk, Ernst & Young

Between the financial crisis, looming accounting changes, and regulatory reform, the insurance industry is in the midst of many key challenges. A panel of Chief Risk Officers from three leading insurance companies will discuss current risk management topics, impacts of industry challenges, and how they envision the risk management discipline evolving in the future.

Life Insurance Industry Outlook: A Rating Agency Perspective

Greg Gaskel, Director - Life Insurance, Standard & Poor’s

Standard & Poor’s will highlight its outlook for the life insurance sector and key drivers that will impact ratings such as operating performance, capitalization and competitive position. Evolving liability and investment exposures will be a key focus as companies "de-risk" their profiles, while concerns remain on both sides of the balance sheet.

Professionalism Topics

S. Michael McLaughlin, 2010 SOA President, Global Leader, A&IS, Deloitte

The 2010 SOA President will present on professionalism, ethics, plagiarism, malpractice, and litigation matters, from the perspective of the practicing actuary. Practical examples will be given and time will be allowed for questions and answers.

Breakout sessions and other details are available by following the meeting link.