Description: Discussion of the appropriate use of geometric versus arithmetic average returns to use in a stochastic interest rate generator to be equivalent to a deterministic single interest rate scenario.

Description: More Efficient Monte Carlo Simulations for Mortality Assumption Testing

Description: Discussion of the biases understatement of risk/reserves that arise when aggregating cells in modeling Variable Annuity Minimum Guaranteed Death Benefits

Description: Summary of all issue articles, with theme of recognizing limits of classical actuarial methods.

Description: The author describes how his company was able to benefit from an application of risk theory.

Description: A review of 'Life Contingencies' by Alistair Neill, to be used as a textbook for the Institute and Faculty of Actuaries examinations.

Description: In our rapidly changing world, it is becoming hopeless to try to arrive at a satisfying description of future conditions, even in the short run. Yet prices for new life insurance must somehow reflect one’s view of events even in the far distant future. futurism

Description: This article reports on the activities of an ad-hoc group formed to help generate research on creating models for actuarial purposes.

Description: Panelists discuss the methods HMOs employ to measure their providers' quality of care, outcomes, compliance with best practice guidelines, and cost control. From the Record of the Society of Actuaries, Vol. 25, No. 2.

Description: This paper shows the mortality element can be partially isolated allowing an exact annuity value to be readily obtained at any interest rate. From the Actuarial Research Clearing House 1979, Vol.2.