Description: This article reviews the dynamics of surrender risk, briefly discusses current valuations in the Interest Rate option markets and presents some tailored structured hedging instruments that can be used to manage this risk.

Description: This document summarizes a meeting of the Reinsurance Section that occurred at the October 1982 Society of Actuaries annual Meeting in Washington D.C. The meeting consisted of a discussion related to the role and purpose of the section, a discussion of problems and pitfalls related to reinsurance treaties, and discussions related to choosing a reinsurer.

Description: This is a presentation from 45th Actuarial Research Conference, Vancouver, 7/26-28/2010. This presentation introduces the Insurance Corporation of British Columbia’s new methodology for predicting average premium levels. It discusses the premium forecasting using Principal Components Analysis PCA.

Description: This article is about Stanley B. Tulin's actuarial career and lessons he has learned regarding what leads to a successful actuarial career.

Description: Analytics, big data and predictive modeling are red-hot buzzwords and compelling mandates in the insurance industry. As the demand for analytics and big data continues to increase, how does the actuarial experience and perspective fit in? Margaret Resce Milkint of The Jacobson Group discusses the current state of the analytics field and strategies for ensuring that actuaries and their skill set remain relevant in the growing word of analytics.

Description: New for 2017, we are introducing a series of articles by experienced industry professionals who are relatively new to long-term care (LTC).

Description: The study of Employee Benefits has always been aided by using financial algorithms. During recent semesters, the Lotus 1-2-3 package Lotus has been introduced to students due to the explosion of its use in the business community. This paper will show how our students use Lotus to design a spreadsheet for computing minimum annual distributions from tax-sheltered plans.

Description: This e-book contains topical essays that express the opinions and thoughts of a number of authors on the subject. It should be understood that the thoughts and insights shared herein are the opinion of the authors and not necessarily those of the Society of Actuaries, the Casualty Actuarial Society, the Canadian Institute of Actuaries, or corresponding employers of the essayists.