Description: Table of contents for the Record of the Society of Actuaries Vol. 15, No. 1 in Chicago on April 5-7, 1989.

Description: Table of contents for Record of the Society of Actuaries Vol. 15, No. 3B in New York on October 22-25, 1989.

Description: This session is about recent economic developments, including such developments internationally.

Description: Article The 1979 Annual Report of the Trustees Of the U.S. Social Security Programs by Bartlett in The Actuary, June 1979, Volume 13, Number 6

Description: An excerpt from the 2002 Annual report of the Boards of Trustees for the Federal Hospital Insurance and Federal supplementary Medical Insurance Trust Funds which describes the basic assumptions and methods used in the estimates under the intermediate assumptions. Also, presented are projections of program costs under two alternate sets if assumptions.

Description: This is a discussion of the title paper by Raymond F. Houseman, which provides some practical aspects of various funding methods. The paper is critiqued, and some alternative methods are discussed.

Description: This paper summarizes default experience on bonds from 1900 through 1987. Although the information is more extensive for publicly traded bonds, the paper includes some information on private placements, some of which is not otherwise available.

Description: “Investments in securities are traditionally evaluated on a standalone basis by using ratios that summarize the relation¬ship between anticipated risks and rewards. These ratios could also be used to better quantify the relationship between the standalone risks and rewards of life and annuity products and thus enhance the capital allocation process. These ratios will be discussed and critiqued.” The article describes how “the . . . ratios can help tie modeled product risks to modeled rewards.”

Description: This research project examines operational risk management practices and assess the viability of ORM as a formal discipline. A key goal of this initiative has been to determine whether the management of operational risk is feasible, and, if so, what issues need to be addressed in order to effectively implement ORM within a broader ERM context.

Description: Presenters in this session 14TS of the Monteal Spring Meeting introduce seasoned actuaries to the new material on the Finance Track of the Education and Examination syllabus. From the Record of the Society of Actuaries, Vol. 23, No. 2.