Description: Volatility managed funds, which focus the measurement of an investor’s risk appetite on the volatility of the portfolio, have grown popular in the Asian markets recently, particularly in Japan. This article discusses a typical volatility managed strategy and presents performance comparisons between volatility managed funds and other comparable market strategies. The advantages of target volatility managed funds to investors and insurers are also included.

Description: Excellent big picture view for planning a social insurance system with pay-as-you-go, required self-funded, and voluntary plans.

Description: In this article, the author recaps his experience at The 2009 Berkshire Hathaway annual shareholders meeting.

Description: This article presents the results of a survey of financial assumptions contained in 2003 embedded value reports. The purpose of the survey was to provide international actuaries with benchmark assumption data and to enhance the knowledge of actuaries about current international market conditions and practices.

Description: In this article, the authors discuss the Experience Study Working Group surveys of published embedded value EV financial assumptions they have been conducting.