Description: This paper first discusses the history of the legislation of the joint and survivor benefits for the uniformed service personnel. It then goes on to address the specific actuarial assumptions made and the formulas developed for applying these assumptions for adaptability to the UNIVAC. This paper closes with specific programming procedures involved in using the UNIVAC.

Description: This article contains a brief synopsis and review of a book called APL The Language and Its Actuarial Applications which is an introduction to APL. Article from The Actuary, Volume 24, Issue 2

Description: Insurance regulations are undergoing a paradigm shift in determining capital and reserves. With Solvency II in Europe and principle-based reserving in the United States, the old formula-based static approach is being replaced or supplemented by a principle-based dynamic method. This change requires enhanced modeling, stochastic simulation and sensitivity analysis, which pose challenges to insurers whose infrastructure has not been built for big computation. This paper introduces a method of building complicated models with small reusable modules and running them on a many-task computing platform to achieve high performance with simplicity. The paper presents an example of a term life insurance model built to take advantage of computer hardware for parallel computing at the task level.

Description: This article describes how to externalize code of Moody's Axis platform to Visual Studio, so that all the actuarial calculation code run through corporate DevOps pipeline. This article gives specific examples of the author has used in his job to accomplish automated model governance.

Description: A description of the Technology Section's goals and accomplishments.

Description: Letter from the editor describing the contents of the issue.

Description: Discussion on the issue's contents.

Description: A first look, and actuarial review of an electronic book for actuaries who wish to learn Excel beyond the basics.

Description: This article describes in detail how Microsoft Excel spreadsheets can be used to develop and test relational database projects.