Description: Since spring, with the marked improvement in the payments deficit of the United States, the climate for discussion of reform of the world currency systems has become much more favorable. Perhaps our subject today should more fittingly be entitled Monetary Reform for the World Economy. Discussion focuses on the steps that can be taken to insure that enough liquidity will be provided to finance expanding world trade while maintaining stable price levels, and on how reform measures can be drawn to avoid the danger that additional liquidity will encourage countries to run chronic deficits.

Description: The article contemplates whether there is heightened sensitivity towards how investment activity is portrayed and described.

Description: This article discusses world economic and financial trends and how people can be fooled into thinking nothing can go wrong.

Description: British actuary, also a noted financial expert, talks about the way that domestic financial systems are not in equilibrium. He specifically describes some of the underlying financial flows in the system, how those underlying financial flows drive markets responsible for markets either rising or falling, and then the behavior of those markets. Next, he assesses the sentiment of the markets. Last, he talks about what happens when the financial flows and expectations are in the same direction. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: A discussion of the theoretically correct approach to the valuation of cross-border insurance ventures

Description: The Bermuda International Life and Annuity Conference highlights Bermuda’s enhanced capital and solvency framework, and growing long-term (re)insurance sector.