Description: This article provides background on managed target volatility funds and how they can be used for variable annuities and the mitigation of gap risk.

Description: Discussion of the Buol Report, dealing with international solvency standards for life insurance companies

Description: The editorial provides an overview of articles in this issue that explore and illustrate solutions to current retirement challenges.

Description: Feature article that defines strategic risk management (SRM) and discusses ways to design and optimize a company’s SRM process.

Description: A British actuaries perspective on what could happen should two reserve/accounting basis exist that could lead to reducing the strength of statutory accounting and perhaps the financial strength of North American insurance companies. Some might find similarities to what might happen during the transition to principles based statutory accounting.

Description: This article is about junk assets. Insurance companies own over one third of the junk assets in the U.S. which has raised concerns and caused certain states to enact laws or regulations regarding junk investments.

Description: The article explores options for defined-benefit retirement plan sponsors to transfer pension risk, focusing on recent trends in the United Kingdom.

Description: The author explores the importance of treating the modeling process as a dialogue and collaboration.

Description: This article discusses how to find the right Enterprise Risk Management strategy for a company. The authors assert that ERM effectiveness ultimately resides with people through collaboration, wisdom and judgment.

Description: Demographic changes around the world may present actuaries with an opportunity to tackle product development, risk management and asset allocation challenges involving financial and investment variables.