Description: Farewell comments by Noel J. Abkemeier at the end of his term as Chairperson of the Product Development Section in 2003. Includes highlights of successes of the Section and thank you's to significant contributors to the Section.

Description: Discusses importance of CPD to develop business and management skills and the efforts of the The Pacific Rim Actuaries’ Club of Toronto in this area.

Description: Presented at October 2000 Annual Meeting. Discusses demographic and economic change, changes in the market, and the direction of the legislative and legal environment for medical and long term care insurance.

Description: Recruitment article for the Marketing & Distribution Section written by the Section Chair.

Description: Encourages us to learn why, how, to do better, and to live life as an adventure.

Description: Carl C. Cowen, Jr., head of Purdue University’s actuarial program, received the Deborah and Franklin Tepper Haimo Award. This award honors extraordinarily successful and widely recognized educators whose teaching effectiveness has had influence beyond their own institutions.

Description: A panel of chief risk officers CROs discuss their roles, responsibilities and challenges in implementing and managing risk within an insurance enterprise. Topics related to the measurement and management of risk to be covered are: organization of the risk management function key CRO responsibilities measurement infrastructure process of measuring and managing risk risk culture and assimilation of risk into the organization management buy in and support operational risk credit risk risk aggregation the role of risk economic capital and Committee of Sponsoring Organizations COSO enterprise risk management framework. From the Record of the Society of Actuaries, Volume 30, No. 2, Spring Meeting, San Antonio, TX, June 14-15, 2004, Session 20PD.

Description: Discusses bond-default history in the United States, implications for insurance-company asset determination, regulatory concerns about recent investing by insurance companies in low-grade bonds, valuation-actuary needs to consider in these cases, and another suggested method for modeling the C-1 Risk in the context of the valuation actuary's cash flow review. From the 1987 Record of Society of Actuaries, Vol. 13, No. 3.

Description: In the absence of good research and analysis, decisions are made on the basis of intuition, unexamined assumption, and fixed ideas. This is the 'I believe…' approach to decision-making. The less information that individuals have, the more likely they are to rely on belief rather than evidence. This keynote address from the 43rd Actuarial Research Conference held in 2008 in Regina, Saskatchewan discusses the importance of research in health care reform, talks about the difference between pure and applied research, and explains what separates good applied research from poor research. From Actuarial Research Clearing House 2009, Vol. 1.

Description: Update on the potential impact of national health law legislation, and discussion of the influence of inflation on both the relation between actual and expected claims, and the design of new benefits and administrative procedures. This presentation was made at the 1975 SOA Los Angeles Spring Meeting.