Description: This article is a summary of a session at the SOA 1997 Annual Meeting that focused on opportunities for selling insurance and annuities through banks.

Description: This article discusses how the proposed actuarial guideline XYZ attempts to address secondary guarantees on minimum nonforfeiture values.

Description: This article provides a flavor for the wealth of statistical information provided by the Bureau Of Economic Analysis. It describes the BEA program, tells how to obtain BEA outputs, and looks at some issues BEA faces.

Description: President Gary Corbett cites the major issues he sees facing the SOA: education and examinations, research, actuarial principles, strengthening the profession, the future of the actuary/the actuary of the future, and employee benefits.

Description: The Actuary Vol. 22, No. 1. This article discusses the impact of a change in procedure in the financing of the US Military Retirement System. The change requires amortizing the past service liability. The impact will depend upon whether the amortization is achieved by increasing current taxes and decreasing the current deficit, or by merely increasing the national debt and leaving the current deficit unchanged. The author asserts that the new financing method will not weaken the financial condition of the military retirement system, and that it has the potential to strengthen its financial condition if the funding of the past service liability is handled appropriately.

Description: This article highlights the nonroutine actions taken by the Board of Governors on January 21, 1988, in Chicago, Illinois.

Description: This article discusses the highlights of the 11th Conference of the International Association of Consulting Actuaries conference held in Munich, Germany on July 3-8, 1988.

Description: Retirement benefits have become a seamless worldwide web. Thus actuaries who go to war in the international arena are painfully aware of the impact of U.S. technology on the battlefield. The debut of that awesome awful weapon, ERISA, and all its derivatives has persuaded many countries to adopt counterparts.

Description: Vancouver actuary Bob Blake recently parlayed his knack for remembering odd facts into record breaking winnings of $82,501 on Jeopardy, television's most cerebral game show.

Description: When I first became a member of the Society of Actuaries. I used to enjoy hearing, or reading the Secretary’s summary of the “nonroutine” business transacted by the Board. In those days I wondered how one determined what was “routine” and what was “nonroutine.” Somehow even the “nonroutine” often seemed pretty “routine!” with the benefit of a few years in the profession.