Description: This is a summary of the talk given at the 27th Actuarial Research Conference regarding ruin theory. From Actuarial Research Clearing House 1993, VOL. 1.

Description: Actuaries measure, model, and manage risks. Risk associated with the investment function is a major uncertainty faced by many insurance companies. Actuaries should have knowledge of the asset side of the balance sheet of an insurance company and how it relates to the liability side. From Securitization of Insurance Risk: The 1995 Bowles Symposium, M-FI97-1.