LOMA: Going Global with New Edition of LOMA 371 Text

ATLANTA, GEORGIA, UNITED STATES – April 7, 2009 - LOMA, the worldwide leader in learning and professional development within the 
insurance and financial services industry, has released Risk Management and Product Design for Insurance Companies (2008). Insurance 
companies manage their financial flexibility and overall financial success through close attention to managing risk. LOMA’s timely publication 
Risk Management and Product Design for Insurance Companies addresses the new paradigm of risk management for insurance companies, 
starting with a broad view of enterprise risk management in an insurance company context and carrying the risk management story throughout 
supporting–level applications within insurance companies. This new text focuses on enterprise risk management and current practices in product 
development and design, incorporating important information on stochastic modeling and actuarial risk management software. The text reflects a 
strong international focus. 

Important areas of coverage include strategic risk management, risk classification, risk appetite and risk tolerance, operational risk management 
and operational efficiency, asset-liability management, product risk management for life insurance and annuities, underwriting and reinsurance as 
tools of risk management, mortality risk management, policyholder behavior risk for life insurance and annuities, tail risk, profitability goals, and 
economic capital. Other classic topics of coverage are the time value of money, the product development process, and product design. 

Authored by Susan Conant, FLMI, HIA, CEBS; Lisa M. Kozlowski, FLMI, FFSI, CLU, ChFC, AIAA, AIRC, ARA, FLHC, AAPA, ACS; and Patsy 
Leeuwenburg, Ph.D., FLMI, FLHC, ACS, AIAA, ARA, AIRC, AAPA, the text is required reading for LOMA 371: Managing for Solvency and Profitability 
in Life Insurance Companies. 

LOMA 371 is one of ten courses within LOMA’s award-winning Fellow, Life Management Institute (FLMI) Program. The FLMI is the leading professional 
development program that provides a comprehensive business education in the context of the insurance and financial services industry. Established in 1932, 
the FLMI Program is the world’s largest university-level education program in insurance and financial services. More than 80,000 students throughout the world 
have earned the FLMI designation. 

For more information about the new edition of LOMA 371 or the FLMI Program, please visit www.loma.org/FLMI.asp or e-mail education@loma.org. 

About LOMA
Established in 1924, with 1,200 plus member companies in over 80 countries, LOMA is committed to a business partnership with its world-wide members 
in the insurance and financial services industry to improve their management and operations through quality employee development, research, information sharing 
and related products and services.  For more information, visit: www.loma.org