Description: Feature article discussing the Morris Report and its influence on U.K. actuaries and development of the Financial Reporting Council FRC. This includes the Board for Actuarial Standards BAS, Professional Oversight Board POB, and the Accountancy & Actuarial Discipline Board AADB.

Description: an excerpt from a speech discussing how experts can become so immersed in their work that they cannot see how their profession relates to and affects society. This is excerpted, with permission, from Mr. Anderson’s speech, “Strategic Planning for Corporate Growth,” to the Chemical Marketing Research Assn.

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: The author discusses a definition of an actuary that he suggested several years earlier, noting that the public has a right to know why we think we constitute a profession, and why it should care. The author’s definition is: “that professional who is trained in evaluating the current financial implications of future contingent events.”

Description: Discusses the purpose, goals, makeup, and initial accomplishments of the Emerging Issues Advisory Group, EIAG.

Description: This article discusses the findings of the January 2007 paper regarding the mortality experience Fellows of the Society of Actuaries. The on–line my paper Mortality Experience of Members of the Society of Actuaries investigated the mortality experience of 3,037 members of the Society, including all Fellows who attained fellowship through 1974. This note takes the investigation through one more class of Fellows 1975 Fellows.

Description: The Actuary Vol. 22, No. 11. The Subcommittee on Minority Recruiting, which actively encourages qualified minority students to enter the actuarial profession, has just released its new brochure for use in minority recruiting.

Description: This editorial is a rejoinder to a letter signed by 346 Society members that protests the action of the Board of Governors that implemented an experiment to grant credit toward Society membership for achieving a certain standard in accredited college courses for specified subjects.

Description: Over the last year or two, there has been a noticeable increase in the number of U.S. news topics that involve actuarial thinking such as Obama-care and long-term health of Social Security. While it is a nice feeling to see actuaries at the center of the action, much, or even most of the debate is conducted without any understanding of the actuarial concepts involved. This article is about the challenge of actuaries educating the public on these issues, especially when the profession is still working hard to bring its communication skills up to the level of its technical expertise.

Description: Discusses highlights of the recent survey sent to all 9,435 active Canadian and U.S. members of the SOA.