Description: Presented at May 1985 Spring Meeting. This session debates the following resolution - resolved: the actuary should be required to express an opinion in life insurance company statements regarding the valuation adequacy of projected future cash flows.

Description: Presented at May 1986 Spring Meeting. This session discussion is about redetermination of 'Non-Guaranteed Pricing Elements Recommendations', actuarial responsibilities to the various publics relative to nonguaranteed pricing functions and brief status report on Interim Actuarial Standards Board 'IASB' including how this Committee's Exposure Draft affects the IASB.

Description: Panel discussion focusing on managing health care costs.

Description: Written from a regulatory perspective, the article covers the purpose of regulation and some regulatory expectations. The topics include the appointed actuary's involvement in corporate governance, reasonability of results when compared to prior results, data quality, familiarity with the company's annual statement and applicable statutes, and areas where appointed actuaries can add value though services provided to smaller life insurance companies.

Description: Living beyond ones life expectancy poses many challenges. Among them are financial issues. Though there are products and strategies available that retirees could use to mitigate this financial risk they are seldom used. Reasons range from high cost, lack of awareness of the available options, and general underestimation of longevity risk. This paper poses the question as to whether the federal government can provide a solution to this potential problem in a fair and cost efficient manner. Ideas are presented as well as a discussion of the pros and cons of such a program concept.

Description: Article from The Actuary, May 1971 – volume 5 - Issue 5 that talks about the various ways of constructing systems and suggests the desirability of establishing measures of efficiency for the alternatives so that we may rationally choose among them.

Description: Linda M. Springer, FSA, MAAA, spent more than 25 years in the financial services industry in executive positions responsible for general and financial management and strategic operational planning. Springer is now the eighth director of the United States Office of Personal Management. In this interview, she discusses government life, on–the–job challenges and how her actuarial background has helped her progress in her career.

Description: Article from The Actuary regarding the medical malpractice crisis. could a macro system be the answer to a reduction in medical malpractice costs? Information in this article points in that direction.

Description: The author discusses a definition of an actuary that he suggested several years earlier, noting that the public has a right to know why we think we constitute a profession, and why it should care. The author’s definition is: “that professional who is trained in evaluating the current financial implications of future contingent events.”