Description: It is now almost 120 years since Makeham extended Gompertz’s efforts to find a simple mathematical law which would reflect the mortality experience of a group of lives and also simplify the calculation of monetary values. This article discusses a radically different approach, relating mortality improvements to economic condition, proposed by Kohler and Alcock in an article in the Journal of Peace Research, Vol XIII entitled Economic Law of Life.

Description: The author describes how his company was able to benefit from an application of risk theory.

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: Discussion of the skills actuaries need going forward to be successful, and hence, incorporated into the new actuarial exam syllabus.

Description: Article Disparate Origins Of Life And Non-Life Insurances by Beard in The Actuary, February 1979, Volume 13, Number 2

Description: The author suggests that the optimal use of capital requires one to find a way to strike a balance between the conflicting desires for maximizing long term profit and minimizing short term loss.

Description: The author discusses the first life table, or life table model, which was produced in 1662 by John Graunt in his Natural and Political Observations. He notes that the brief, crude table was both inaccurate and unrealistic, but nonetheless, proved to be the source of one of the most powerful concepts and valuable tools in demography and actuarial science.

Description: The author explores the issue of longevity risk with its implications for life insurers and society at large, and concludes that the actuarial profession is in a unique position to understand longevity risk and offer solutions.

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: Article from The Actuary, March 1972 – volume 6 - Issue 3 provides the author's comments on Health Maintenance Organizations and describes an opportunity for actuaries to apply as service providers to this developing industry.