Description: The paper gives two criteria for fit and uses two different criteria to transform an initial graduation into one with better fit. It is shown that the two sets of criteria give the same transformation. The mathematical relationships between the two sets of criteria are then derived. It is clear from those relationships that when one set of criteria is small, the other set is small [but reasonably the same]. Some general comments on various measures of fit are made.

Description: Over the past couple of years, the Society of Actuaries has altered radically its perception of its research role. An Issues management process has been put into place to identify and prioritize research activities. A management process has been established to approve research projects and to oversee progress. With such a structure In place a number of research projects have been initiated. The research activities of the SOA go well beyond new research projects. A revitalization of the experience studies and library activities also has occurred. In addition, several special projects which deserve mention have been undertaken. This article provides a status report on a list of research projects, experience studies, library activities and other projects. It also provides a chart showing the flow of a research project from conception to completion. From Actuarial Research Clearing House 1991, Vol. 1.

Description: This foreword announces that this will be the last printed issue of Actuarial Research Clearing House [ARCH]. To keep pace with technological change, ARCH now enters its next stage of evolution. Beginning with the 2001.1 issue, ARCH will be available electronically on the Society of Actuaries' web site www.soa.org. No printed accumulation of these articles will be available in book form.

Description: This is Mr. Gerber's proof of the Schuette-Nesbitt formula.

Description: This is the Preface for Actuarial Research Clearing House 1991, Vol. 1. It summarizes the 25th Actuarial Research Conference held in honor of John A. Mereu at the University of Western Ontario on August 23-25, 1990. At that conference, 40 presentations were made, some jointly written, and 56 participants attended the conference. The conference contributions which were submitted in written form are published in this volume.

Description: This is a listing of the participants attending the 25th Actuarial Research Conference held at the University of Western Ontario, London, Canada on August 23-25, 1990. From Actuarial Research Clearing House 1991, Vol. 1.

Description: This is a letter from F.G. Reynolds, University of Waterloo, to Mr. C. Smith, Cologne Life Reinsurance Co. As an assignment the author had the students in his Risk Theory class extend the method of Trobliger to three levels of risk. Both the data of Trobliger and the data of Thyrion, which can be found on pages 27 and 16 of Seal's Stochastic Theory of a Risk Business, were fitted.

Description: In this note, we rearrange the statement and the proof of a theorem in Greville. The presentation appears to be more compact the materials, however, are not new.].

Description: American actuaries are increasingly involved in risk management. This paper presents an Overview of the role of the American actuary in risk management today, a book review of a remarkable new work by a philosopher of science, and a challenge to the reader.

Description: This paper looks back at how actuarial research began, at the changing patterns in actuarial research, and makes some recommendations. From the Actuarial Research Clearing House 1990 VOL. 1