Description: Society of Actuaries research efforts currently in development

Description: This article is a brief review of the Society of Actuaries 1981 monograph ‘Adverse Deviation,’ by John C. Wooddy et. al. The author of this review notes that the monograph describes the approach - devised by the Committee on Theory of Risk - to ‘the problem of providing appropriately for the risks of adverse deviation in a GAAP valuation under the specifications of the ‘Audit Guide for Stock Life Insurance Companies.’

Description: The author of this article notes that “valuing pension or long-term disability plans with Social Security offsets generally requires some assumptions about the future course of the wage base and benefit formula,” and “the usual approach is to select annual percentage increases for these two variables which relate reasonably and well to the valuation salary scale, and then to project Social Security on that basis.” The author goes on to discuss how the actuary and plan sponsor can be comfortable with a particular choice of parameters, given that “costs can be very sensitive to the Social Security projection and recent history offers little guidance.”

Description: Actuaries can serve an important role by exploring modeling and data analysis techniques to discover predictive patterns and relationships.

Description: Article The 1979 Annual Report of the Trustees Of the U.S. Social Security Programs by Bartlett in The Actuary, June 1979, Volume 13, Number 6

Description: Discusses features and actuarial aspects of the Truth in Lending Act.

Description: Editorial that explores how underlying issues of the economic bubble were actuarial in nature.

Description: This article describes the SOA's Risk Adjustment Research project, in the context of health care reform, and the preliminary data analysis that has been completed by the Research Task Force.

Description: This article discusses the actuarial profession and its role and needed skill set development going forward in meeting the needs of businesses for risk management and capital management

Description: Insurance companies use derivatives to manage and mitigate risks that are inherent in their investment or liability portfolios, including traditional asset/liability matching, dynamic hedging and static hedging. The authors explore how Solvency II will influence life insurers’ hedging strategies.