Description: In the last research column, the Research Expanding Boundaries Pool (REX Pool) was discussed, and it was noted that it is now open for business. Since that time, applications from the first round of the pool have been reviewed. In total, the Research Executive Committee (REC) received 17 applications for funding, totaling over $900,000. After much deliberation, the REC allocated its 2012 REX Pool budget of $400,000 to seven diverse ideas that will become new SOA-sponsored (or cosponsored) research projects.

Description: Summary of the health section council’s research project to assess the accuracy of commonly used IBNR estimation methods over a wide range of scenarios.

Description: This is an article about The SOA’s Committee on Life Insurance Company Expenses CLICE and its completion of its fourth inter-company study of expenses for individual life and annuity business issued in the United States.

Description: This article summarizes a roundtable discussion moderated by Anna Rappaport. The purpose of the roundtable was to discuss a model of personal investing known as the Life–Cycle Model of Investing and Saving. This model is concerned with how individuals can find ways to smooth their consumption so that they have a roughly similar standard of living across different periods of time.