Description: The author describes how his company was able to benefit from an application of risk theory.

Description: This article provides a formulaic method of comparing unit reserves on different valuation bases. This enables a duration-by-duration comparison of the components of the calculation on two different valuation bases. This can be done ignoring taxes or assuming taxes are recognized in calculating the expected return on capital in pricing.

Description: This paper comments on the Successful Employee Retirement Income Outcomes in the United States (SERIOUS), a comprehensive model for the delivery of employment-based retirement income.

Description: A look at U.S. and Dutch multiemployer plans.

Description: Brief description of the actuarial profession in Switzerland, the success story of the Swiss Solvency Test (SST), and some features of the insurance market.

Description: Author discusses about the challenges faced by actuaries in micro-insurance innovation and product development

Description: There are many ways to manage a long-term care closed block of policies but some of the common ones are rate increases, enhancement of claim practices and helping policyholders to remain independent and thriving at home.

Description: The purpose of this article is to discuss potential issues and considerations that may be encountered with the implementation of VM 20. Crucial considerations include the modeling software used, validation effort, assumptions used, complexity of the process, documentation, and run time. A key takeaway is that an integrated modeling platform with solid automation and asset-liability capabilities is imperative for addressing the issues and considerations encountered.

Description: Feature article discussing limited benefit health plans as alternative options to address a national crisis—health care for the working uninsured.

Description: The article discovers that mortality is higher for females than for males at higher ages, and suggests "stress" as the explanation. It then discusses mental illness research, including recovery therefrom.