Description: A description of the of FAP design and development process. The release of FAP Module 1 earlier this year marked a significant achievement for the Society of Actuaries' basic education system.

Description: This article presents an introduction and overview of the R language. From Expanding Horizons, April 2007.

Description: A solicitation for letters to the editor of Expanding Horizons.

Description: It is an interview

Description: This article provides a status report on the criteria for achievement of the CAE Centers of Actuarial Excellence designation.

Description: Insurance companies are heavily regulated in every country with a well-developed financial system, with the regulation focusing primarily on solvency. The new regulatory system with an emphasis on introducing the risk-based capital regulation has been developed or revised in various jurisdictions in the past three decades. Risk-based capital (RBC) regulatory systems were first introduced in Canada in 1992 and in the United States in 1994. The National Association of Insurance Commissioners (NAIC) in the United States started its Solvency Modernization Initiative (SMI) in 2008, with the aim of reevaluating its RBC system. The most recent adoption of an RBC system was the implementation of Solvency II in the European Union (EU) in 2016, with a focus on the group supervision applied at both domestic- and foreign-market levels through internationalized insurance groups. This article will discuss the theoretical rationale for insurance solvency regulation, the general equilibrium framework needed to design and evaluate solvency regulation, and the cross-border impacts of solvency regulation, especially when regulation standards are inconsistent across countries.

Description: The following is an update from Warren Luckner on Academic Relations initiatives taken at the recent BOG meeting. From Expanding Horizons, November 2006.

Description: Overview of guest editorials and special issues in the Annals of Actuarial Science, dealing with great societal challenges that the actuarial profession is responding to.