Description: This is an article about the lack of savings by the baby boomers and how it will affect retirement and the ramifications for Social Security. The author believes that baby boomers will choose to continue to work and alleviate some of the burden on social security.

Description: Introduction to the paper that documents the flaws of the current financial model.

Description: This paper investigates the effect of select birth cohorts on pricing of mortality-based securities, such as survivor bonds, life annuities in general, or portfolios of life annuities.

Description: Recognizing an opportunity to help serve its members in this age of increased financial oversight, the Health Section of the Society of Actuaries commissioned a series of guides on the use of statistical techniques specifically geared for the work of health actuaries. In this first guide in the series, the topic is an estimate well-known to health actuaries- the calculation of incurred but not reported [IBNR] health claims reserves. In particular, this guide focuses on the development of confidence intervals around IBNR estimates.

Description: Authors’ response to comments by Ryan Labs Asset Management on paper by James J. Rizzo Krzysztof M. Ostaszewski Piotr Krekora.

Description: Presented at May 2005 Spring Meeting. Panelists discuss the importance of actuarial research, how and what to do, researching the literature, statistical tests of significance, writing a research report and how to get published.

Description: Discussion of Human capital and its implicit asset and liability cash flows how insurance companies could help measure and provide products to help match up the timing of those cash flows. From Asset-Liability Integration, M-FI02-1.

Description: This work investigates the use of a statistical approach to calculate the incurred but not reported IBNR reserve directly. This allows for the reserve to be estimated in one step, without completion factors, and it provides a confidence interval around the estimate of IBNR as well.

Description: Discussion of the US Social security system from the perspective of Asset Liability management theory. From Asset-Liability Integration, M-FI02-1.

Description: This monograph strives to define a mission for the modern insurance industry, its place in the financial intermediation network, and the role of Asset/Liability Management in that mission from the perspective of what is known about capital markets and practiced in financial engineering.