Description: Discusses the growing and evolving field of pricing and valuing stock option plans, and makes the case that actuaries are the professionals best qualified to serve clients in the field.

Description: This article describes how insurers can expand the reach of their efforts with regard to Economic Capital EC into the broader enterprise risk management process. Some experts contend that can be done by shifting the focus towards value. EC has the potential to shed new light on valuable opportunities for insurers.

Description: This is the first article in a newly announced Q&A feature which provides answers to questions from readers about the E&E Program, from the Education and Examination Committee.

Description: London's book supersedes the graduation monograph of Morton D. Miller and T.N.E. Greville’s Study Note on the Society of Actuaries’ syllabus. Although London's book covers much the same methods as did the predecessors, he adds emphasis to the Bayes Theorem and also emphasizes techniques making good use of personal computers.

Description: The Actuary Vol. 22 , No. 7. This articles explores the dangers posed by many guaranteed-return life insurance and annuity products.

Description: This article discusses the discount rate that should be used under GASB 45. Public employers now find themselves in a similar situation to private sector employers in the early 1990's in that GASB 45 requires them to measure liabilities including post-retirement medical liabilities using accrual accounting.

Description: Provides a review of the 4th Actuarial Research Conference.

Description: This article contains summaries from three different local actuarial club meetings that were focused on the examination system and the actuarial profession.

Description: This article provides a flavor for the wealth of statistical information provided by the Bureau Of Economic Analysis. It describes the BEA program, tells how to obtain BEA outputs, and looks at some issues BEA faces.

Description: This article is about the past tendency of actuaries to play bridge and the linkages between bridge and actuarial exams.