Description: Read the September 2020 issue of Risks & Rewards published by the Investment Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Recaps the evolution of VA products and hedging programs. Reflects on strategic considerations that contributed to relative performance in this market.

Description: This article is a synopsis of a 2017 Society of Actuaries annual meeting session of the same title.

Description: View Crossword Puzzle.

Description: Feature article discussing the creation and effects of orphaned VEBAs, Voluntary Employee Benefit Associations.

Description: Reviews basic desirable features in an economic scenario generator. Discusses basics of model structure and validation process

Description: “Investments in securities are traditionally evaluated on a standalone basis by using ratios that summarize the relation¬ship between anticipated risks and rewards. These ratios could also be used to better quantify the relationship between the standalone risks and rewards of life and annuity products and thus enhance the capital allocation process. These ratios will be discussed and critiqued.” The article describes how “the . . . ratios can help tie modeled product risks to modeled rewards.”

Description: Recaps the content of leading presentations at 2016 Inv Symposium. Topics include bond liquidity, investment outlook, low rate portfolio strategies

Description: This article explores the market volatility of 2008, and addresses the following question: “was the market behaving inefficiently as appeared to be the case in 2008, or was there something truly rational going on, which for most people was hard to see?”