Description: This article gives a brief history of the insurance industry in Switzerland and then describes the actuarial profession there today and tomorrow.

Description: A summary of the report of the Canadian Royal Commission on Taxation. According to the author, the report conceives the tax structure to be a proper tool of government in far-reaching policies of income redistribution and management of the economy.

Description: This article discusses certain recommendations of the Carter Commission, which calls for far-reaching reorganization of federal taxation in Canada.

Description: The Actuary Vol. 22, No. 6. This article discusses a set of papers called The Flock & Sheep & Other Essays by Frank. M. Redington, a UK actuary who practiced in the early 20th century. It draws out the lessons that have applicability across the generations and across the Atlantic Ocean.

Description: This article summarizes statutory reporting and the Pinciple-Based Initiative that the Academy, the industry and the regulators have been working on in the U.S. It addresses whether a principles-based approach will simplify reporting regulations and make them more flexible.

Description: Part 3 of Gray's summary of the Canadian report on taxation by the Carter Commission. One of the provisions would impose a 50% insurance company tax rate on the excess of surplus earnings over policy dividends disbursed.

Description: This article explains the work of a Steering Committee which will study Future Education Methods FEM for actuaries. There are two task forces to look at both tehcnological and non-technological methods.

Description: This series of articles provides an in-depth look at the activities of the SOA in 2009.

Description: The military retirement system is a funded, noncontributory, defined-benefit plan that includes nondisability retired pay, disability retired pay, and survivor annuity programs. This article discusses the additional benefits created by the Military Retirement Reform Act of 1986.

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.