Description: An ongoing discussion of the theoretically correct discount rate for valuing insurance liabilities: whether or not the credit rating of the insurer should affect the discount rate used. See related articles including the article “On the Fair Value of Insurance Liabilities: The Regulator’s Option” in the December, 2005 issue of The Financial Reporter.

Description: ongoing discussion of the proper interest rate to use in discounting liability cash flows to reflect credit risk of the insurer in a fair value accounting system

Description: Complete Actuarial Futures newsletter from October 2002.

Description: The problem begins with the fact that we actuaries as a profession are declining in relevance in today’s business. This is not to say that what we have done is wrong or inappropriate, but rather the market around us is changing so fast that our old assumptions are no longer valid in the new environment.

Description: The Actuary of the Future Section launched The Ambassador Program in August 2002. The objective of this program is to support the mission of the Actuary of the Future Section in facilitating actuarial employment in new businesses and industries. To accomplish this objective, the program is designed to provide actuaries with information and answers to questions about opportunities in non-traditional fields.

Description: Technical paper on how to efficiently perform scenario testing for principle-based approaches.

Description: Book Review of "Cheating Death, the Promise and the Future Impact of Trying to Live Forever", by Marvin Cetron and Owen Davies.

Description: Article focusing on uncertainty and future planning.

Description: Article focusing on the current and future state of health insurance in the U.S.

Description: A Note from the Editor...encouraging actuaries to expand into some nontraditional areas.