Description: This article discusses the non-qualified market opportunities presented by the new limitations imposed on qualified pension plans.

Description: Article from The Actuary, June 1972 – volume 6 - Issue 6 that sets forth the writer’s opinion of that which constitutes a proper insurance reserve for a general purpose financial statement.

Description: This article discusses the risk-sharing arrangements provided by a number of different types of hybrid pensions, focusing on hybrid designs in the United States, Canada and the Netherlands, with particular emphasis on the New Brunswick (Canada) shared risk plan.

Description: This article describes how Long-Term Care riders attached to Life Insurance policies provide real insurance value at a reasonable cost and allow life insurance companies to compete on a basis other than cost.

Description: Article from The Actuary, December 1971 – volume 5 - Issue 10 that talks about tax laws and regulations. In particular, this article discusses the formula, developed by Charles T. Kemmerer, for calculating the remainder interest in a charitable remainder unitrust which falls on the death of the survivor of two or more persons.

Description: Through a public relations effort launched first by the Canadian Institute of Actuaries [CIA] and then the SOA, two actuaries representing the profession capitalized on their abilities to analyze future contingent events in the 1998 baseball season’s home run race. This article describes the efforts of Mel Norton, FCIA and John Dewan, FSA to predict who would break Roger Maris’ 1961 record of 61 home runs in one season.

Description: Comments on the article “Developing an Actuarial Programming Language” by Russell J. Mueller in the April newsletter in which it was suggested that “a study should be undertaken to determine the feasibility of developing” such a language. In this connection, the author feels it to be appropriate to draw attention to some practical considerations which should form part of such a study.

Description: This article considers considers how the assumptions and statistical methods used to analyze investments are likely to change as a result of the events of Black Monday, October 19, 1987.

Description: The author suggests that the optimal use of capital requires one to find a way to strike a balance between the conflicting desires for maximizing long term profit and minimizing short term loss.

Description: This is an interview with Stephen F. Siegel, Director of Knowledge Engineering at Applied Intelligence Systems, Inc. Mr. Siegel defines what an expert system is, how they are built and their applicability in the life insurance industry.