Description: 1980 SOA Annual Meeting. This is the 1980 presidential address given by Julius Vogel. He discussed current actuarial issues. From Transactions of Society of Actuaries 1980, Vol. 32.

Description: The article describes the recent implementation of a new research strategy for the SOA. It includes excerpts from the strategy and explains how it impacts health research.

Description: This is Part 2 of a summary of the new, upcoming Social Insurance Law in China. Part 1 was presented in the July 2011 issue of 'In the Public Interest.'

Description: This is a 2006 draft of SOA Accreditation of Academic Actuarial Science Programs that was offered for review and comments. From Actuarial Research Clearing House, 2006.

Description: In 1995, Mexico replaced the public pay-as-you-go system by a privately managed system based on individual accounts. This paper analyzes the causes that made necessary the reform of the old Mexican pay-as-you-go pension system. A description of the modifications and current situation of the pension system also are discussed. The paper concludes that although the pension system has been modified during the last few years, there are still some weaknesses that have to be corrected to provide an appropriate retirement benefit to workers.

Description: This paper provides illustrative examples of using a Paid Claims Projection model to estimate claim reserves for products in the runoff and a Cash Flow Testing model to determine longevity and profitability of existing products.

Description: This abstract describes a paper that models a firm value by a jump-diffusion process and derives an explicit formula for the default probability.

Description: This abstract describes a paper that discusses the definition of forward rates in general and gives a generally valid definition of forward rates, and continues the work of Norberg (Insurance: Mathematics and Economics, 2010, 47(2), 105-112), who made the first attempt to define general forward transition rates.

Description: This abstract describes a paper that proposes a Bayesian hierarchical model to analyze intercompany claim triangles.

Description: This abstract describes a paper that measures the magnitude of the systematic bias, found when using the Lee-Carter model for mortality prediction, using the bootstrap method and also provides suggestions on how to correct the bias.