Description: Full issue of the October 2014 CompAct newsletter.

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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: The article summarizes the SOA survey conducted of risk professionals regarding their understanding of important risk terms. The results contain perceptions by individuals and also firm-level information. Survey responses clearly demonstrated high differences in risk definitions.

Description: Irish actuary and professor explains his hypothesis that actuaries, as practitioners, are reluctant to adopt the theories of financial economists unless the models on which the theories are based fit the actual data the actuaries have.

Description: This article is intended to provide an introduction to microfinance and microinsurance. Microfinance began in the 1960's and 1970's as a humanitarian activity directed at the poor to provide micro loans for working capital. Microinsurance MI protects people in the low-income range against specific perils in exchange for regular premium payments.

Description: This article is an overview of the FAP course, a new e-learning tool that encompansses real-world applications and examples to demonstrate actuarial practice and to teach principles that help candidates make the transition from the preliminary examinations.

Description: This article discusses the trend toward outsourcing of insurance assets to third party money managers which has grown steadily as insurers face increasing market challenges. Insurers are finding that a strategic approach to outsourcing investments is critical to enhancing value within both liability reserves and surplus portfolios.

Description: Here are the themes that I plan to address in more detail over the next year—our education and examination program; more meaningful partnerships among the various actuarial organizations, especially in the United States; and increased transparency.

Description: Linda M. Springer, FSA, MAAA, spent more than 25 years in the financial services industry in executive positions responsible for general and financial management and strategic operational planning. Springer is now the eighth director of the United States Office of Personal Management. In this interview, she discusses government life, on–the–job challenges and how her actuarial background has helped her progress in her career.