Description: This article discusses the new Investment Section. The initial targeted areas are expected to be: Modeling, Corporate Finance, Capital Management and Investment Instruments.

Description: An introduction to the Product Development Section's new subgroup supporting interested in the practice of in force management.

Description: This literature guide provides the user with a summary of representative sources of current general knowledge with regards to the currency risk in foreign investments.

Description: This is a study on the Nesbitt formula and the variants to this formula.

Description: It has been twenty years since DeWit 1982 first applied fuzzy logic FL to insurance. That article sought to quantify the fuzziness in underwriting. Since then, the universe of discourse has expanded considerably and now the FL methodologies include used fuzzy set theory, fuzzy numbers and fuzzy arithmetic, fuzzy inference systems, fuzzy clustering algorithms, fuzzy linear programming, fuzzy regression, and hybrids involving other soft computing technologies. This article presents an overview of these studies.

Description: Discusses the evolution of the Valuation Actuaries Symposium since the 1980s.

Description: Column on the latest Investment Section activities.

Description: The yield rate is that effective rate of interest at which the present value of his expenditures is equal to the present value of his returns. This paper encourages students of Theory of Interest class to try to approach yield rate problems by starting with the definition of yield found in Steve Kellison's text.

Description: While we agree with the conclusions expressed by Silver and Hedges The Classical Definition of Compound Interest is Adequate by Murray Silver and Bob Hedges, ARCH 1981.2, we do not believe the theorem follows from the stated Axiom. We present an alternative proof which uses only the accumulation function and not the force of interest.

Description: This is the Introductory Study Note for the Society of Actuaries Advanced Portfolio Management examination for Spring 2012 that will be given on Friday, April 27th, from 8:30 a.m. - 11:45 a.m. and 1:30 p.m. – 4:45 p.m.