Description: Announcement of SOA office move

Description: This article describes opportunities and challenges presented to Corporate Actuaries caused by swings in investment gains and losses, the cyclical nature of health insurance results, and increased investments in affiliates which divert use of surplus increase from organic growth to acquisitions. margins were much higher

Description: This Is a book review of 'Lebensversicherungsmathematik' by Hans U. Gerber. The book, written in German, is directed to younger readers who take pleasure in applied mathematics and who wish an introduction to life insurance mathematics. A well-organized and elegant introduction awaits their reading.

Description: The Actuary Vol. 22, No. 2. This article discusses how the the choice of basis for measuring Interest Rate Spread impacts pricing and accounting for interest sensitive products.

Description: The Actuary Vol. 22, No. 3. This editorial discusses the impact of the AIDS epidemic on financial security programs and what to do about it.

Description: This article discusses the new Investment Section. The initial targeted areas are expected to be: Modeling, Corporate Finance, Capital Management and Investment Instruments.

Description: Article from The Actuary, May 1988, Volume 22, No. 5, announcing who AERF selected to author a monograph on the intellectual foundations of the actuarial profession.

Description: Article from The Actuary, September 1988, Volume 22, No. 8, where the Executive Committee and the Board of Governors of the Society of Actuaries reported significant actions taken at each of their respective meetings.

Description: Portability of pension benefits allows an employee to maintain pension benefits as he leaves one company and joins another. Advocates of portability point approvingly to the way Social Security - a portable pension plan - handles employee mobility. In their view, the private pension system would be fairer to participants and close a gap in pension coverage if it had more portability.

Description: Enclosed with this issue of The Actuary is a synopsis of the Report of the SOA Task Force on the Actuary of the Future, referred to in Gary Corbett’s presidential address last year.