Description: Feature article giving update on recent issues involving principle-based accounting.

Description: Argues public plans should only hold bonds, on the basis of tax and finance arguments.

Description: This paper discusses a model that is used for the loss process, ratemaking problem and risk classification.

Description: A theoretical study of the interrelationship between the financial and insurance risk markets.

Description: This dialogue discusses the history and purpose of section 811(a) and its historic role in the computation of life insurance company taxable income and, in particular, reserves.

Description: This article describes how there are many kinds of plans and arrangements under which qualified annuities are issued, and the rules governing them differ considerably.

Description: Article from Pension Section News, May 2007, No. 64, discusses the expectations of a pension plan. When people get what they expect, they are happy. When people do not get what they expect, they get upset. A lot of Americans are upset today with their retirement plans. The Financial Accounting Standards Board FASB and Congress are taking action, but their actions may create more problems than they solve. Underlying everything is a substantial disconnect between rule-makers and the public. The public has a more simplistic view of a retirement plan than rule-makers do. Rule-makers need to keep in mind the simplistic way ordinary people think of a retirement plan.

Description: Discussion of the movement toward principle-based reserves for LTC insurance.

Description: A discussion of the use of stochastic modeling in Embedded Value financial reporting

Description: There are two main techniques for evaluating the financial impact of interest rate movements on insurance companies: duration measures and computer simulations. In many ways these approaches provide complementary viewpoints.