Description: Summary of the SOA's Annuity Valuation with Dependent Mortality research report which examines the standard industry practice of assuming independent lives for insurance products that cover multiple lives.

Description: The author offers his proof that an annuity for the life expectancy exceeds a life annuity.

Description: Article from The Actuary October 1992 – Volume 26, No. 08 is a mathematical illustration about amortized life annuities.

Description: This article presents a summary of the recent smoker/nonsmoker mortality experience. Smoker mortality ratios are generally double the ratios for nonsmokers according to the latest intercompany experience.

Description: This article is about the Course 8 series. Course 8 provides candidates with essential advanced specialized education in one of seven practice areas: individual insurance, group life and health, managed care, U.S. pensions, Canadian pensions, finance, and investments.

Description: This article contains brief notes on the results from the Canadian mortality experience study for experience between the 1965 and 1966 anniversaries under standard Ordinary insurance issues.

Description: An introduction to the SOA Education Committee and summary of exam process.

Description: The Actuary Vol. 22, No. 7. This article discusses the activities and goals of the Product Development Section of the SOA. Future activities will include joint sessions with other sections since product development issues sometimes relate to financial reporting. reinsurance, investments and nontraditional marketing.

Description: This article summarizes statutory reporting and the Pinciple-Based Initiative that the Academy, the industry and the regulators have been working on in the U.S. It addresses whether a principles-based approach will simplify reporting regulations and make them more flexible.

Description: The Actuary Vol. 22, No. 7. This article discusses the activities and goals of the Product Development Section which is in its sixth year.