Description: This article discusses a new study note on Risk Theory, being circulated to May 1982 Part 5 students, bringing this subject more into the mainstream of actuarial science. The study note consists of five self-contained chapters, dealing almost exclusively with Risk Theory, from a new contingencies textbook being written by five distinguished actuaries.

Description: This is article no. 6 in a series and discusses the proposed actuarial notation by Engelfriet and Kool. The proposed notation is linear in nature no superscripts or subscripts and uses the keys on the typewriter.

Description: This article, the second of a two part series, examines the jai-alai results which would be expected if all teams had equal ability, and then contrasts these expected results with actual experience. The first part of this series was published in the November 1983 issue.

Description: The author offers a mathematical model for determining how much time to spend on a multiple choice question when taking an exam.

Description: London's book supersedes the graduation monograph of Morton D. Miller and T.N.E. Greville’s Study Note on the Society of Actuaries’ syllabus. Although London's book covers much the same methods as did the predecessors, he adds emphasis to the Bayes Theorem and also emphasizes techniques making good use of personal computers.

Description: This article discusses the FASB Exposure Draft, “Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Insurance Contracts and for Realized Gains and Losses from the Sale of Investments.”

Description: The Actuary Vol. 22 , No. 7. This articles explores the dangers posed by many guaranteed-return life insurance and annuity products.

Description: This is an interview with Competition Editor, Charlie Groeschell, who designs the Actucrostic puzzles for The Actuary.

Description: In this article the author cautions against the temptation to extend stochastic modeling into areas of unpredictable parameters and probabilities. He challenges actuaries to rely on their own judgment.

Description: This article discusses the charge for the new SOA/COVARA AIDS Task Force. This new task force will examine and report on the principles and techniques for the financial recognition of AIDS for insurance companies, recognizing both statutory and GAAP accounting.