Description: This article discusses the new profession of financial engineering and the fit of actuaries in this profession.

Description: Editor's column for the May 2019 issue of NewsDirect.

Description: Presented at October 1996 Annual Meeting. This discussion focuses on forces driving consolidation and the advantages that small companies have to counter those forces.

Description: Summary of research project designed to document method to credit interest rates to account value based products. The investment year method (IYM) can theoretically align with investment strategy and be fair to policyholders. These products were designed in the 1980s with guaranteed nominal rates above what is currently accessible so most products credit the guaranteed rate. This paper documents how it could be resurrected during the next interest rate cycle.

Description: This paper describes a new approach of calculating duration by taking a portfolio perspective utilizing the idea of internal rate of return. It is presumed the user has a model for projecting cash flows under different interest rate scenarios and knows the current market value of the portfolio. From Actuarial Research Clearing House 1993, VOL. 3.

Description: This presentation is a panel discussion, session number 26PD, from the 1999 Valuation Actuary Symposium, held September 23-24 in Los Angeles. Noting that many of the largest and most widely publicized insurance acquisitions today are made with stock rather than cash or other considerations, the panelists discuss the advantages and challenges for both the buyer and the seller in stock acquisitions. They also discuss current GAAP guidance for purchase accounting, including a just released exposure draft from the Financial Accounting Standards Board [FASB]. Discussion from participants is included.

Description: Crossword puzzle featured in the September 2020 issue of Risks & Rewards.

Description: This article aimed to make Liability Driven Investing LDI more accessible by providing a simple definition and by showing how plans of different sizes and circumstances may adopt an appropriate LDI approach.

Description: This is a summary of the talk given at the 27th Actuarial Research Conference regarding ruin theory. From Actuarial Research Clearing House 1993, VOL. 1.

Description: This is a Confidentiality Agreement to be signed prior to contributing data to the Society of Actuaries' study that investigated the motivating factors contributing to the exercise of stock options.