Description: A summary of a preliminary report from the Committee on Valuation and Related Problems, on guidelines for quantifying balance sheet items in an insurance enterprise.

Description: Article from The Actuary, June 1986, Volume 20, No. 6, on actuarial research. Early movement in the research direction came in the '60s with the organization of annual Actuarial Research Conferences at campus locations, followed by the publication of ARCH, both under the sponsorship of what was then known as the Research Committee. The notable research development of the '70s was the formation of the Actuarial Education and Research Fund, a profession-wide attempt to encourage the development of new actuarial knowledge. In the early '80s the Society began to organize for a serious research effort, directed particularly toward the improvement of its experience studies.

Description: Editor's version of how The Actuary got its start. Pays homage to E. Jack Moorhead and the original production staff.

Description: Editorial asking whether the actuarial profession in North American should be considered as one profession or two.

Description: Editorial discusses what has come to be called the publications gap, where some material goes unpublished because there is no forum for it. The ultimate recommendation to the SOA's Executive Committee was to expand The Actuary into a magazine-type publication.

Description: This article discusses the changes to the Social Security System that were enacted at mid-year 1972 in Public Law 92-336. Among the changes are the so-called 'automatic' provisions,' under which Social Security benefits are periodically increased in step with the Consumer Price Index, and the earnings base is concurrently increased in step with average earnings levels.

Description: An editorial on the insurance crisis with regards to liability insurance, and the breakdown of the liability system.

Description: Editorial that seeks to find the uniqueness of the actuarial profession.

Description: Discusses extension of the current favorable tax treatment of employer-sponsored pension plans to additional groups and to employee contributions.

Description: This is a discussion of the preliminary report of the committee on valuation and related topics. The committee elected to commence its work by examining the fundamental principles of valuation. The traditional issues in the valuation of an insurance enterprise appear within this general framework. The objective of the committee's work is to measure the balance between assets and liabilities in today's volatile economy.