Description: Discusses the use of a valuation basis involving the use of two interest rates, which solves the deficiency reserve problem without requiring the abandonment of either low gross premiums or relatively high withdrawal values.

Description: This is the presidential address by former President of the Society of Actuaries, John R. Larus. Discussion of events within the Society during the past year and anticipated events going forward with respect to Society programs and the examination structure, insurance regulatory changes, some reflection on the history of the Society of Actuaries and current demographics of its members.

Description: In this translation of an original article by Oscar E. Velandia, the role of the actuary in the Colombian insurance market place in light of regulatory change is examined. A comparison with the rules from the Solvency II Directive puts the actuarial function into context. In addition, the new financial reporting requirements set forth by IFRS 17 and the involvement of the actuary in finance is described.

Description: The diary of Dirk Nieder, an actuary who traveled in Asia amid the COVID-19 pandemic, tying in what he saw in asia countries and developments from the west.

Description: Feature article discussing the 2009 price action - periods of extreme distress and incredible euphoria across the global financial markets. The reversals experienced from asset class lows to their highs have not been seen in decades.

Description: Presented at May 2002 Spring Meeting. Discusses the proposed new valuation table and how it affects future product development and design.

Description: This is a letter to readers of The Actuary from Arnold Dicke and Walter Lowrie to solicit opinions on the problem which seems to crop up each time an examination is to be set.

Description: In this article, the author, an independent consulting actuary, discusses the process of becoming independent, providing advice on what you need to consider in making the transition from company employee to independent consultant.

Description: This session at the SOA 1990 Annual Meeting discusses the evolution of techniques in product development for life insurance with a focus on macropricing. From Record of Society of Actuaries Vol. 16, No. 4B.

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss strategies employed in Canada and the United States to restructure life insurance costs. They discuss levelized commissions and commission financing, joint ventures and reinsurance, ‘sale’ of strain and loads, statutory liability review, and the effect of tax law changes, including the ‘DAC tax.’ Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.