Description: One of the most fundamental concepts in actuarial practice is the time value of money. For any work in which future cash flows are allowed for, such as reserving or pricing, it is natural to discount to present values so that an appropriate amount of money can be set aside today, allowing for future investment returns. This article discusses yield curve extrapolation methods along with the benefits and drawbacks of these methods.

Description: One of the most fundamental concepts in actuarial practice is the time value of money. For any work in which future cash flows are allowed for, such as reserving or pricing, it is natural to discount to present values so that an appropriate amount of money can be set aside today, allowing for future investment returns. This article discusses yield curve extrapolation methods along with the benefits and drawbacks of these methods.

Description: Increasing technology is available to create and disseminate educational resources worldwide. In response, this article advocates creation of open educational resources (OERs) that will benefit the actuarial profession with both recruitment and retention of members. Specifically, we describe OER contributions made at the University of Wisconsin-Madison and more recently through the ASTIN Academy, a working group of ASTIN, the non-life section of the International Actuarial Association. We advocate pushing boundaries and creating new ways of teaching effectively for the future. The innovative use of technology and open-source materials is a way to foster diversity, equity, and inclusion in the actuarial profession.

Description: This paper is a review of actuarial mathematics and its role in actuarial education. Additionally, this article suggests some alternatives to the textbook presentation of several topics. From the Actuarial Research Clearing House 1991, Vol.1.

Description: This article highlights the research projects under review by the Research Policy Committee. It also invites submission of other projects with the caveat that ideas submitted without an offer of partial or complete funding will have a lower priority level.

Description: 1994 SOA Meeting, San Antonio. This session explored some of the general issues applicable to the appointed actuary, particularly from a health insurance perspective: 1. What it means. 2. How it developed. 3. What are the duties? 4. To whom is the appointed actuary responsible? 5. What kind of product the appointed actuary has to produce?

Description: This article discusses the Halmstad prize, announces winners and asks for volunteers.

Description: In session 73OF of the Montreal Spring Meeting panelists discuss the organizational approach to the actuarial systems function that has been applied in their organizations. From the Record of the Society of Actuaries, Vol. 23, No. 2.

Description: Read the January 2020 issue of International News published by the International Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: These are abstracts of the following papers: 1. 'DISCONTINUITY AT THE BOUNDARY' by Beda Chan. 2. 'ON THE DIFFERENCE BETWEEN BALDUCCI AND UDD.' by Murray Silver. 3. 'PROBLEMS IN AND A SYLLABUS FOR DEMOGRAPHY' by John A. Beckman. 4. 'A MATHEMATICAL APPROACH TO YIELDS UNDER VARYING INVESTMENT CONDITIONS' by A. Spedding. 5. 'COUNTERPART EXPOSURE FORMULAS UNDER THE BALDUCCI AND UNIFORM DEATHS ASSUMPTIONS' by H. J. Boom. 6. 'DUALITY BETWEEN UNIFORM DEATHS AND BALDUCCI ASSUMPTIONS' by Elias S. W. Shiu. 7. 'RECENTLY PUBLISHED U.K. MORTALITY TABLES, METHODS OF CONSTRUCTION, AND POSSIBLE DEVELOPMENTS THEREFROM' by J. J. McCutcheon. From ACTUARIAL RESEARCH CLEARING HOUSE, 1980 VOL. 2.