Description: Consideration of the deterministic gross premium reserve component of PBR

Description: The management of the investments of an insurance enterprise has undergone a considerable evolution since the pioneering work of Redington in the mid 20th century. Best practices have evolved to incorporate ever more complex insurance liabilities, expanding investment asset classes and global market opportunities. Strategic asset allocation (SAA), liability driven investing, and other robust optimization approaches form the core of the professional management of insurance company investments.

Description: This column highlights the hobbies, pastimes and personal interests of SOA members.

Description: The Actuary Newsletter VOL. 15, No. 7 September 1981

Description: The Actuary Newsletter VOL. 15, No. 8 October 1981

Description: This article is a letter to the SOA’s Director of Education, recounts the writer’s recent experience with the Society’s Speaker Kit, and her address to a school class at a junior high Career Day, noting the youthful audience's attention seemed to fade when talking about ‘insurance in general, the work and the exams,’ but when the talk turned to numbers, the audience became interested and assisted in calculating insurance premiums.

Description: The flurry of accounts of three-generation actuarial families having waned pro tem, perhaps I may spark new genealogical interest by reporting the actuarial spanning of four generations. Charlton T. Lewis 1834-1904, my mother's grandfather, became a Fellow of the Actuarial Society of America in October 1889, six months after its formation.

Description: This article discusses funding flat-benefit pensions and suggests steps to address what will likely be a future underfunded plan.

Description: The author describes a recent LIMRA study of agent terminations. The article describes the assumptions and methods used in the study, and provides a table comparing the results of this study, called the Brzezinski 1979 Agent Termination Tables, with agent termination rates derived from previous studies.

Description: This article provides comments about questions raised and discussed in the March and May 1981 issues of The Actuary regarding the relative merits of a U.S. Government Actuary post.