Description: The author discusses how the use of a weighted average dollar duration book yield, WADD, rather than the more traditional book yield determined by book value or market value weighting, can provide a better basis for determining the crediting rate on the liabilities.

Description: 2013 Investment Contest challenges section members to assemble an asset portfolio which will prevail in one of three risk/return metrics.

Description: Feature article discussing arithmetic means.

Description: Update to section members on recent initiatives: professional development tool EBSCO Business Source Corporate Plus; Investment Symposium; Investment Contest.

Description: What The Markets Should Reflect From The Victory In Iraq - A Candian’s Perspective

Description: This article provides an update on the development of model regulations for synthetic GICs and guaranteed separate account products.

Description: Reviews anecdotal evidence that the current shift to passive investing is an indication that investors are irrationally ignoring market risk.

Description: The August 2013 issue of Risks & Rewards newsletter—a member benefit for the Investment Section of the Society of Actuaries.

Description: “Many commentators have suggested that firms need to do stress tests to examine their vulnerability to adverse situations that are not within the data set used to parameterize their risk models. We suggest the adop¬tion of a terminology to describe stress tests and also a meth¬odology that can be adopted by any risk model user to test and communicate a test of the stability of model results.”