Description: This article discusses that over the past five years, an increasing number of actuaries have become concerned with the asset side of the balance sheet.

Description: This article describes activities of the Board of Governors to strengthen the role of research within the SOA. The Board actions include approving two additional professional staff positions for the Research Department and including $150,000 in a Research Development Fund to serve as seed money for research projects.

Description: Article from The Actuary, November 1998 – volume 32 - Issue 9: Planning is progressing for the SOA conference “Fair Value Accounting for Insurance Companies,” March 18-19, 1999, at New York University (NYU), and some exciting new wrinkles have recently arisen.

Description: The author describes immunization with a simple illustration requiring only high school algebra rather than the ordinary and stochastic calculus that has been applied to this subject. It illustrates that if you have three invesmtents with different durations, we can take some combination of any two of them to get the same duration as the third.

Description: This 1979 session is about recent advances in Prediction Theory. Topics included: 1. Statistical methods to predict path properties of a Time Series. 2. How and to what extent Box-Jenkins Time Series methods can be modified to predict two or more time series simultaneously. 3. Workable techniques that are already being successfully used in practice.

Description: Discusses cost-benefit decision-making for acquiring electronic data-processing equipment and installation issues, ability of small companies to compete in pension trust arena, effectiveness of various agency compensation programs in stimulating sales and improving persistency, success of sales to substandard risks and rating methods, and pricing, reinsurance and experience with individual hospital and medical policies.

Description: The panel discusses the cost feasibility of a large scale computer being shared by a group of smaller companies, applications found for medium sized computers and the extent companies are using deck size electronic computers. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: I recently was privileged to represent the Society of Actuaries in Holland at the 100th anniversary celebration of the Dutch Actuarial Society. I’m not going to do a travelogue telling you how friendly the people are. Rather, I want to bring two important matters to your attention. First, the whole world is involved in the business we think of as particularly ours.

Description: In this article, the author exhorts the actuarial community to move toward a more research-oriented culture, much like that which exists in the UK.

Description: This article notes that the SOA has been accepted as an affiliate member of the American Association for the Advancement of Science AAAS. The author believes this affiliation helps support the concept of an actuary being both a business person and a scientist.