Description: Article Editorial by Moorhead in The Actuary, February 1979, Volume 13, Number 2

Description: Investment Fallacies: Simulation of Long-Term Stock Returns: Fat-Tails and Mean Reversion

Description: This paper uses a mortality surge model to estimate the total financial impact on the U.S. insurance industry of a flu pandemic. It does not attempt to determine the probability of such a pandemic.

Description: Discusses the outcome of AOF council Face-to-Face meeting, and direction for the coming year.

Description: Possible usage of tools that can automate time consuming processes, and lead to a different team structure and organization for predictive analytics team.

Description: Adopted by the NAIC on October 14, 2005, the new RBC C3 Phase II requirements were effective for year-end 2005. The regulation requires either a factor approach - the “Alternative Method” - or a stochastic modeling approach subject to a minimum Standard Scenario requirement for determining the C3 component of risk-based capital for variable annuities. This article summarizes the results of a survey on insurers' approach to this for year-end and their results.

Description: The PA Symposium will be an immersive experience benefiting entry level actuaries through senior managers, and PA newbies through advanced practitioners.

Description: Europe is in a state of financial flux. The ongoing effort to develop an integrated European economic community has led to sweeping changes in accounting regulations and pension systems. These changes will have profound implications for the competitive structure of the European life insurance market.

Description: Article Society Seminars by Adams in The Actuary, February 1979, Volume 13, Number 2

Description: Discussion of the skills actuaries need going forward to be successful, and hence, incorporated into the new actuarial exam syllabus.