Description: This session is about the methods of projecting long-run stock returns using inflation rates from bond yield curves with incremental returns for risk taking based on historical data and the relationship between concurrent, expected and unexpected inflation rates and the rates of return on common stocks and U.S. government bonds and notes. From Record of Society of Actuaries Vol. 5, No. 4.

Description: This presentation is a section meeting from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The guest speaker discusses prospective returns on financial assets, noting that the past, particularly the 1980s, is in many respects irrelevant in making projections of future returns, noting the decade of the 1980s was a nonrecurring and unsustainable period. He provides his thoughts in terms of projected real economic growth, projected inflation, projected real interest rates, and using that data makes projections of returns from a variety of financial assets. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: Latin America has acquired an economically strategic importance in the process of globalization that it did not have a decade ago. The region has attracted significant attention and investment by the international insurance industry. This article explores some issues related to the growth in supply of insurance companies capacity, the relatively slower pace of growth in consumer demand for their products, and the factors that companies can identify in forming their strategies to achieve their objectives.

Description: Examines the link between population structure and asset values by generating returns on assets in the presence of demographic change using an OLG Model.

Description: This article questions the validity of long term market return expectations using macroeconomics and analytical arguments.

Description: This session from the 1984 SOA New York City Meeting covers the post-election economy, interest rates, inflation and the deficit. Record of the Society of Actuaries Vol. 10, No. 3

Description: Noted speaker, author and political analyst discusses the cultures of Russia, China, and Japan, and how their cultures compare with ours from an economics perspective. Also discusses what we need to do as Americans for our economic future. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4B.

Description: The author describes a theory of long-term interest-rate trends, originally propounded in 1899 by actuary Charlton T. Lewis, and how well the theory stands up in light of 20th century experience.

Description: Presented at October 1985 Annual Meeting. Discusses the fiscal irresponsibility of the US government and the burgeoning national debt which will have to be paid for by our descendants. Speaker participates in the Grace Commission which is fighting government waste.

Description: This keynote address at the SOA 1990 Annual Meeting is about how the changing international environment affects our economy.