Description: The life annuity mortality risk is the variation in actual financial experience of a group of annuitants from that expected, attributable to the mortality experience of the group. This paper investigated the mortality risk present in a single life annuity and determine the effect of age, sex, assumed interest rate, mortality table, and form of annuity on this risk. Then, it investigated the mortality risk in various portfolios of annuities. Followed by several discussion papers submitted

Description: First of a 2 part series: The Actuarial Science Program at the University of Nebraska includes a course on Actuarial Roles and Ethics. In 1978 the students in this class sent a questionnaire to 265 persons, mostly alumni of the Program, aimed at finding out how actuaries see themselves, and to what extent ethical questions have impinged upon them. This article gives answers by 61 Fellows 60 F.S.A.'s and one F.C.A.S.

Description: Formal report of the Accreditation Implementation Task Force to the Board of Directors at its June 2005 meeting. This document contains general objectives of the task force, membership and structure information, and the group's strategic plan for implementing an accreditation program for actuarial science academic programs.

Description: This article discusses the work of the Accreditation Implementation Task Force in developing accreditation standards for university actuarial programs.

Description: This article regarding grasping life contingency principles. Drs. Broffitt and Klugman Jan. issue helpfully analyze some theoretical life contingency and compound interest details often overlooked.

Description: Traditionally, actuarial techniques are used to study mortality and morbidity experience. But an SOA study demonstrates that similar methods can be used to analyze the mortality and morbidity of assets i.e., credit risk events such as restructures, defaults, foreclosures, and bankruptcies. This is a Summary of the Final Report: 1986-1989 Credit Risk Event Loss Experience, Commercial Mortgage Loans and Private Placement Bonds. From ACTUARIAL RESEARCH CLEARING HOUSE, 1994 VOL. 1.

Description: At its November meeting, the Society of Actuaries Board considered the report of the Accreditation Implementation Task Force and approved the Task Force's recommendations regarding accreditation and 'alternative route'.

Description: The purpose of this statement is to describe principles and considerations regarding the provision made by insurance organizations relative to life actuarial risks. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: The SOA Board considered the report of the Accreditation Implementation Task Force, approved the Task Force's two recommendations and initiated an Alternate Route study task force.

Description: This report presents the results of the 1986-92 Credit Risk Event 'CRE' Loss Experience Study which represents a continuation of the 1986-89 pilot study analyzing loss experience by institutional investors on private placement bonds. This continuing study is being conducted under the auspices of the Society of Actuaries and involves thirteen institutional investors which accounted for between 34% and 42% of outstanding life insurance company private placement bond holdings during the study period. The study measures incidence rates, loss severities and economic loss rates associated with credit risk events for privately placed debt during the years 1986-92. From Transactions of Society of Actuaries 1997-98 Reports.