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 makes a case for implementation of a mortality fluctuation reserve in GAAP accounting.

Description: Structured-note annuities provide a retirement solution for the masses while allowing effective hedging and balance sheet usage for the insurance complex.

Description: The editorial explores opportunities for the actuarial profession that can be achieved through innovation.

Description: Author describes how he developed graduated policy-year withdrawal rates using crude withdrawal data that was available by calendar duration but that also was distorted by reporting lags.

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.

Description: Math puzzles highlighting mathematical oddities.

Description: In this article about professional development, the new competency network is descibed and and emerging job opportunities in health care analytics are discussed.

Description: The author notes: ‘as actuaries familiar with computers are thoroughly aware, the Halo notation the century-old life contingencies system we all learned as students has to be “linearized” strung out in a straight line for computer programming.’ This article describes a linearized notation that the author has used successfully for several years, for programming use only.