Description: A report on the SOA Board's Executive Committee's discussions and and resolutions in response to the Manhart case.

Description: Responses to the previous issue’s Actuarial Ethicist case study where a new CEO questioned the conservative nature of the chief actuary's LTD claim reserves.

Description: This panel discussion, presented at the SOA's May 1976 Meeting in Houston, covered issues related to professional conduct and independence of the actuary. From the 1976 Record of Society of Actuaries, Volume 2, No. 2.

Description: A critique of the SOA's co-sponsoring of the Manhart Brief which addressed sex discrimination in pension rates. The critique argues that the brief fails to satisfy standards of academic rigor reflected in other SOA publications.

Description: A critique of the SOA's co-sponsoring of the Manhart Brief which addressed sex discrimination in pension rates. This critique argues that the brief violates the SOA constitution by expressing not just facts, but opinions, without following specified procedures for doing so.

Description: Panel session on the challenge that many insurers face as they try to grow their long-term-care insurance business, while simultaneously ensuring analysts and shareholders that earnings targets will be met.

Description: What is the impact of aging populations on economic growth and interest rates?” “Are low interest rates and inflation a short-term phenomenon?” “How will returns from different asset classes be impacted by future demographic trends?” “What are the differences between different countries and regions around the world?”

Description: The article discusses the sustainability of the ACA individual market from a public entitlement standpoint. A key point of measuring sustainability is the reliance on market forces rather than federal budget constraints. The article explains why an actuarial viewpoint of sustainability is necessary to a greater extent than other public assistance and social insurance programs. The article challenges actuaries to be a bold, objective voice in a space that is full of opinionated but often uninformed viewpoints.

Description: One of the most important influences on the development of an insurance market and on the development of professions, such as the actuarial profession, is the nature of regulation. This paper looks at four main economic models of regulation: 1. Market socialism, 2. Freedom with publicity, 3. Public interest, and 4. Public choice theory. The role of profession and other sophisticated products of the market order are also analysed.

Description: This is a presidential address to the Society of Actuaries by Walter Klem. From Transactions of Society of Actuaries 1955, Vol. 7, No. 19.