Description: Results of survey, conducted recently by the Taxation Section of the Society of Actuaries, on how federal income tax is reflected in the projection work being performed.

Description: Part 2 of an article which presents simplified problem and and presented alternate models. Answers are presented in this article. The author's final question is: If traditional actuarial models stumble over these issues, can we get it right for real world funding pension plans and funding practices?

Description: In this paper the author presents an application of Bayesian forecasting methods to the estimation of reserves for outstanding claims. He assumes that the time number of periods it takes for the claims to be completely paid is fixed and known, that payments are made annually and that the development of partial payments follows a stable pay-off pattern. From Actuarial Research Clearing House, 2003, Vol 1.

Description: This paper presents a general law of mortality that is equal to a mixture of Gompertz, Weibull, Inverse-Gompertz, and Inverse-Weibull survival functions.

Description: This article proposes a framework for estimating mortality improvement models and analyzing the parameter uncertainty in such models.

Description: A discussion on how to avoid bias when choosing research topics.

Description: Presented at May 2002 Spring Meeting. Our lecturer presents findings from a research project relating to the Cox, Ingersoll & Ross model of interest rates, including an effective way of pricing general interest rate derivatives and pricing bonds.

Description: This article discusses steps to follow to ensure a more rational and productive approach to data analysis.

Description: Feature article discussing the difficult situation of actuarial forecasting with little or no date.

Description: The Committee on Economic Statistics of the Canadian Institute of Actuaries has recommended that the Institute sponsor an Economic Forecasting Board composed of actuaries and economists. Its role would be to develop formal projections of interest rates, inflation rates, productivity and wages. This article discusses the role of such a board, the purposes for the projections, and the potential roadblocks to accomplishing this.