Description: For those who care, there are both pleasure and profit to be gained from buying a ticket on the bull train in a timely manner.

Description: Mergers and acquisitions 'M&A' are major forces driving change in the life insurance industry. This editorial discusses how the articles in this newsletter address the M&A phenomenon.

Description: Article from The Actuary, May 1971 – volume 5 - Issue 5 talks about the potential opportunity for actuaries working on Wall Street.

Description: This article discusses that over the past five years, an increasing number of actuaries have become concerned with the asset side of the balance sheet.

Description: A discussion of funding arrangements that can reduce the costs of providing medical coverage through lower reserves or state tax savings, instead of through cutting benefits.

Description: This article summarizes Mr. Ohman’s discussion on C-3 Risk at the SOA 1981 Annual Meeting, which will appear in its entirety in the Record, Vol. 7, No. 4.

Description: This article discusses calculating the present value given a set of non-level interest rates and a stream of cash flow emerging from that context. This is the nub of a problem that surfaces in determining the adequacy of a reserve in a manner which fully takes into account both the assets and liabilities involved.

Description: Discusses the problem with options that insurers have been dealing with for some years, not the options of various sorts that recently have been coming into use as portfolio-management tools. Recommends better asset/liability matching and other courses of action.

Description: Features Editor Deborah Poppel met with CFOs Bertram Pike, of John Hancock, and Ralph Verni, of The New England. They talked about the role of the CFO and the environment in which they operate.

Description: The article explores the use of economic capital modeling to deliver value to clients by improving the financial security of many individual lives around the world in a cost-effective way.