Description: Comments on how US insurers have compensated for low interest rates by investing in a range of less liquid and lower quality assets.

Description: Investment Correspondent's report for the Opening session of the 2017 Annual Meeting & Exhibit in Boston, MA.

Description: Author discusses how the proposed new AOMR will affect small companies.

Description: This Chairperson's Corner article discusses the SOA becoming the pre-eminent risk management profession. The Chairman's message is that actuaries have the inside track on risk management positions in the insurance industry and have a basis for competing for similar positions in the broader financial services industry.

Description: This article describes an initiative of the Chief Risk Officer Forum to perform a study to benchmark internal models, so as to discuss the admissibility of these models for regulatory purposes in the context of Solvency II. The results of and reactions to that study are discussed.

Description: Update on accounting and capital/RBC issues subsequent to tax reform.

Description: The article discusses indexed-linked securities in the United Kingdom and the relationship between the prices of index-linked securities and interest rates, common stock prices and a combination of these.

Description: Feature article describing a framework for the computation of credit capital requirements under the constant position paradigm, taking into account recovery rates.

Description: The classical approach to life contingencies has treated actuarial functions as fixed quantities. In point of fact, these functions really represent the mean or expected values of random variables which are functions at the length of time to death of a life aged x. In this paper, we will present some examples of this approach. Talk given at the thirteenth annual Actuarial Research Conference held at Ball State University, Muncie, Indiana, September 1, 1978.