Description: This presentation is a section meeting from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The guest speaker discusses prospective returns on financial assets, noting that the past, particularly the 1980s, is in many respects irrelevant in making projections of future returns, noting the decade of the 1980s was a nonrecurring and unsustainable period. He provides his thoughts in terms of projected real economic growth, projected inflation, projected real interest rates, and using that data makes projections of returns from a variety of financial assets. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: This is a panel discussion about the economic outlook in the 1960's.

Description: This article summarizes the responses of nine readers who answered The Actuary’s April Query, on the assertion by two Harvard economists that government deficits are being exaggerated unless allowance is made for the declining value of the dollar.

Description: Latin America has acquired an economically strategic importance in the process of globalization that it did not have a decade ago. The region has attracted significant attention and investment by the international insurance industry. This article explores some issues related to the growth in supply of insurance companies capacity, the relatively slower pace of growth in consumer demand for their products, and the factors that companies can identify in forming their strategies to achieve their objectives.

Description: Chronically low interest rates are a reflection of macroeconomic trends. Care must be exercised in making assumptions regarding mean reversion.

Description: Presented at October 1985 Annual Meeting. Discusses the fiscal irresponsibility of the US government and the burgeoning national debt which will have to be paid for by our descendants. Speaker participates in the Grace Commission which is fighting government waste.

Description: This is a discussion forum covering 2 papers on economic trends and life insurance in 1953. Dr.Simon Kuznets presented a paper entitled Notes on Prospects of Economic Growth in the United States. His paper was directed to two main questions, a What are the prospects for the nation's future economic growth? b What is likely to be the long-term trend in the general price levels during the next two or three decades? The subject of Dr. Raymond W. Goldsmith's paper was The Supply of Savings and the Level of Interest RatesRetrospect and Outlook.

Description: This is a discussion of indexed coverages for individual contracts. It covers such topics as the history of indexed coverage in the U.S. and Canada and other countries and the possibilities for the ideal fully-indexed permanent life insurance and disability income plans.

Description: This 1981 session on Fiscal and Monetary Policy dealt with questions of i. What are current U.S. and Canadian policies? 2. What is the outlook for fiscal policy in the U.S. and Canada? 3. What does current monetary policy imply for financial and credit markets and interest rates? 4. What political, social and economic changes must occur for nominal interest rates to begin steadily declining toward parity with real interest rates? From Record of Society of Actuaries, Vol. 7, No. 2.

Description: This panel discussion session examines the marketing and pricing considerations of group insurance in the 1980's.