Description: In addition to death and maturity guarantees on the mutual funds they sell, some insurance companies make it possible for the investor to extend the guarantees for a fixed number of years. In this paper, we consider the case when that option is of the European type that is, the investor, at maturity, can either close out the contract or extend it for the stated, fixed term. When extended, the guarantee is on the value of the fund at the original maturity date. The fund is assumed to be fully invested in common stock.

Description: Article from the Expanding Horizons newsletter from December 2004 in which the section chair addresses the section and talks about the E&E syllabus and the issue with financial economics and also future activities such as the ARC conference.

Description: Recap of the Education and Research Section breakfast at the 2006 SOA annual meeting.

Description: As is the tradition, the Education and Research Section has a morning meeting, over continental breakfast, at the Annual Meeting. Since that meeting signifies the end of a term and the beginning of a new one, it offers the perfect setting for presenting the past activities and realizations, as well as the planning for the year to come. As both the outgoing Chair, myself, and the incoming Chair, Tom Edwalds, were in attendance, we thought we would seize the opportunity to officially pass the baton! From Expanding Horizons, January 2006.

Description: One of the sessions the E&R Section sponsored at the Annual Meeting in New York was titled "The New Math: Unorthodox Methods in Actuarial Science." The whole idea was to present academic results to practitioners who, in turn, could put them to good use.

Description: A short article from the Expanding Horizons newsletter, issue 26, published in April of 2003 that details the treasurers report for the E&R Section.