Editorial

• Mary R. Hardy Named New Editor of the North American Actuarial Journal
• Bruce Schobel
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Feature Articles

• Threshold Life Tables and Their Applications
• Johnny Siu-Hang Li, Mary R. Hardy, and Ken Seng Tan
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• Estimating the Probability of a Rare Event via Elliptical Copulas
• Liang Peng
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• Modeling Insurance Claims with Extreme Observations: Transformed Kernel Density and Generalized Lambda Distribution
• Uditha Balasooriya and Chan-Kee Low
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• Ruin Minimization for Insurers with Borrowing Constraints
• Shangzhen Luo
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• Prediction Error of the Multivariate Chain Ladder Reserving Method
• Michael Merz and Mario V. Wüthrich
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• On the Laplace Transform of the Aggregate Discounted Claims with Markovian Arrivals
• Jiandong Ren

Departments

• Discussion of Papers Already Published
• "The Discounted Joint Distribution of the Surplus Prior to Ruin and the Deficit at Ruin in a Sparre Andersen Model"
• Shaunming Li, Andrei L. Badescu
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• "Asset Allocation with Hedge Funds on the Menu "
• Tak Kuen Siu
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• Authors' Reply to Previously Published Discussion
• "On Optimal Dividend Strategies in the Compound Poisson Model "
• Hans U. Gerber and Elias S. W. Shiu
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• Book Review
• "Optimization Methods in Finance "
• Gerard Cornuejols and Reha Tütüncü; Review by Carole Bernard