Description: Arguments for establishing a monetary system based on an aggregate commodity standard.

Description: 20 years ago the author suggested that insurers invest a substantial part of their reserves in equities as an inflation hedge. Article discusses how equities have performed relative to inflation, in retrospect, and contemplates the future.

Description: This article shows a comparison of the growth rates of the S&P 500 common stock index vs. the U.S. Consumer Price Index over various 5 and 10 year periods.

Description: Article from The Actuary, May 1971 – volume 5 - Issue 5 is an extract from a recently discovered Dead Sea Scroll regarding language to be included in a prospectus to provide potential investors with an adequate basis for judging the offering.

Description: When a life insurance company changes its basis for computing tax reserves, a special 10-year spread rule found in section 807(f) of the Internal Revenue Code applies to the change. But, what happens if the statutory accounting for original issue discount (OID) or bond premium changes? A discussion follows.

Description: An update on the Capital Market Assumptions used for asset allocation maybe useful to actuaries given the parallels with the assumptions an actuary uses to measure plan obligations.

Description: The author encourages the use of sound actuarial principles to develop reasonable retirement spending budgets instead of rule of thumb approaches commonly used.

Description: Presents results of 2003-2012 cohorts of insurance company private placement bonds. Finds private bonds show a 15bp annual advantage relative to public bonds, due to lower loss severity.

Description: Uses Blackrock's macroeconomic and style factors in asset allocation examples for an insurance portfolio and a pension portfolio.

Description: Describes investment strategy targets used in the investment competition under way for investment section members in 2017.