Description: FASB's Statement of Financial Accounting Standards No. 97 contains wide-sweeping changes to the preparation of GAAP financials for insurance companies. The focus of this article will be on the ramifications of the interest rate FASB has decided to use to amortize deferred acquisition costs.

Description: This article describes opportunities and challenges presented to Corporate Actuaries caused by swings in investment gains and losses, the cyclical nature of health insurance results, and increased investments in affiliates which divert use of surplus increase from organic growth to acquisitions. margins were much higher

Description: This Is a book review of 'Lebensversicherungsmathematik' by Hans U. Gerber. The book, written in German, is directed to younger readers who take pleasure in applied mathematics and who wish an introduction to life insurance mathematics. A well-organized and elegant introduction awaits their reading.

Description: The Actuary Vol. 22, No. 2. This article discusses how the the choice of basis for measuring Interest Rate Spread impacts pricing and accounting for interest sensitive products.

Description: The Actuary Vol. 22, No. 3. This editorial discusses the impact of the AIDS epidemic on financial security programs and what to do about it.

Description: This article discusses the new Investment Section. The initial targeted areas are expected to be: Modeling, Corporate Finance, Capital Management and Investment Instruments.

Description: Article from The Actuary, June 1971 – volume 5 - Issue 6 is a recap of the LOMA Systems Forum held in New York, March 15-17, 1971.

Description: This article provides an overview of the new Financial and Health Economics module now requried for all FSA's.

Description: A focus on the capital markets perspective and some of the products dealers offer to hedge and help mitigate capital costs and tail exposure risks. From The Actuary Magazine, April/May 2005

Description: Discusses the growing and evolving field of pricing and valuing stock option plans, and makes the case that actuaries are the professionals best qualified to serve clients in the field.