Description: In this article about professional development, the new competency network is descibed and and emerging job opportunities in health care analytics are discussed.

Description: The article explores the use of economic capital modeling to deliver value to clients by improving the financial security of many individual lives around the world in a cost-effective way.

Description: This is an editorial warning about the escalating costs of Medicare as outlined in the 1983 Annual Report of The Board of Trustees of The Federal Hospital Insurance Trust Fund. The editorial ends with a question asking what the actuarial profession, and its members individually, ought to be doing that they aren’t already doing?

Description: This article provides background on managed target volatility funds and how they can be used for variable annuities and the mitigation of gap risk.

Description: This article provides a formulaic method of comparing unit reserves on different valuation bases. This enables a duration-by-duration comparison of the components of the calculation on two different valuation bases. This can be done ignoring taxes or assuming taxes are recognized in calculating the expected return on capital in pricing.

Description: This article describes how Long-Term Care riders attached to Life Insurance policies provide real insurance value at a reasonable cost and allow life insurance companies to compete on a basis other than cost.

Description: This article makes a case for implementation of a mortality fluctuation reserve in GAAP accounting.

Description: Banks and insurance companies today are addressing many similar issues. Included are product, business unit, and corporate profitability capital requirements and allocation issues reserve adequacy and data development and practical utilizations. Actuaries are uniquely qualified to address these issues.

Description: This article explores the unique economic and behavioral considerations and challenges in reaching the millennial generation to help them address their life insurance protection needs.

Description: Comments on the article “Developing an Actuarial Programming Language” by Russell J. Mueller in the April newsletter in which it was suggested that “a study should be undertaken to determine the feasibility of developing” such a language. In this connection, the author feels it to be appropriate to draw attention to some practical considerations which should form part of such a study.