Description: Describes a process to develop a good forecast. Also provides an example.

Description: Neil Brougham, chairman of the CPD Committee, welcomes the new certificate in practical financial economics CPFE.

Description: Final installment of a series on the evolution of risk management with a close look at high profile failed corporations.

Description: This article describes how insurers can expand the reach of their efforts with regard to Economic Capital EC into the broader enterprise risk management process. Some experts contend that can be done by shifting the focus towards value. EC has the potential to shed new light on valuable opportunities for insurers.

Description: Article from The Actuary regarding the medical malpractice crisis. could a macro system be the answer to a reduction in medical malpractice costs? Information in this article points in that direction.

Description: This article provides a flavor for the wealth of statistical information provided by the Bureau Of Economic Analysis. It describes the BEA program, tells how to obtain BEA outputs, and looks at some issues BEA faces.

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: Synopsis of the report of the SOA Medical Effectiveness Task Force, which discusses the concept of health plan performance measurement and the contribution actuaries can make to this.

Description: Discusses management principles for the successful application of the underwriting processes of selecting and classifying risks and the actuarial pricing process of establishing adequate and equitable premiums for the risks to be underwritten within group medical business. Has some nice representative data for what a book of business might look like by case size.

Description: This article discusses the effects of economic cycles on the health insurance business.