Description: This session discussion is about the actuary should be aware of techniques that are available to compare the expected returns from many different types of investments. Understanding these techniques will assist the actuary in pricing many of today's insurance products as well as measuring their ongoing profitability. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: This session discussion is about collateralized mortgage obligations, its definition, characteristics, underlying assumptions, modeling of these securities for pricing and projection purposes and dynamic performance characteristics of CMO classes. From Record of the Society of Actuaries Vol. 15, No. 3A.