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: 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.

Description: This paper by Harry M. Sarason, presented at the Eastern Spring Meeting of the Society of Actuaries, held March 24-25, 1960 in Washington, D.C., and the ensuing discussion, considers how to dispel, in layman’s terms, the misconception that “an annuity for the expectation of life is the same as the average value of the life annuity.” From the 1960 Transactions Vol. 12, No. 33.

Description: This paper discusses Cecil Nesbitt's paper on elementary models of the reserve fund for OASDI in the United States. From the Actuarial Research Clearing House 1991, Vol.1.

Description: This is a discussion about computer modeling as a management tool. From Transactions of Society of Actuaries 1969, Vol 21 Pt. 2, No. 59

Description: Reviews book entitled An Introduction to Risk and Return from Common Stocks by Richard Brealey. The book provides a description of the stock market, as seen through the eyes of the statistician.

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

Description: In this editorial, the President of the SOA discusses the changes to the Constitution and the tight conditions spelled out in Article X relating to Statements of Professional Opinion.

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

Description: Describes the OASDI / HI changes brought about by the enactment of H.R. 1 in late October of 1972 including modifications for the HMO Act.