Description: The secretary of the SOA looks back over the last five years at changes in the life insurance business and the actuarial profession.

Description: This article summarizes the treatment of changes in the basis for determining life insurance tax reserves under prior law and describes the changes enacted by the Tax Cuts and Jobs Act. It further explains the procedures for changing the basis of computing reserves under the new rules as outlined in Revenue Procedure 2019-10, the IRS’s December 2018 guidance on the subject, and discusses the uncertainties that remain.

Description: This article presents the idea that a New Product Notebook, which contains all of the aspects of a product's development and is accessible to all involved, can make the product development process more efficient.

Description: The author's comments on the future outlook for actuaries and the insurance industry. He poses many thought provoking questions about the future.

Description: This is a collection of letters to the editor ranging from exam issues to probabilities to Medicare to stock prices and more.

Description: This article is a detailed historical chronicle circa 1870 of a dispute concerning dividend distribution that was to draw into the fray university professors, a future justice of the Supreme Court, the Massachusetts insurance commissioner, and the daily press.

Description: Provides an overview of India's insurance market and the important role of the actuary.

Description: Discusses the early days of India's opening up of it's insurance markets and the actuarial profession.