Description: Discussion of solvency problems and the actuary's role in addressing them in the life insurance industry.

Description: The Actuary Vol. 22, No. 2. This article discusses how the the choice of basis for measuring Interest Rate Spread impacts pricing and accounting for interest sensitive products.

Description: In our rapidly changing world, it is becoming hopeless to try to arrive at a satisfying description of future conditions, even in the short run. Yet prices for new life insurance must somehow reflect one’s view of events even in the far distant future. futurism

Description: This article poses the question, why doesn't the teaching of life contingencies start with the premise that the rate of investment income is a random process in a similar manner to the random nature of the time until death? The article suggests some methods for doing so.

Description: This article is based on a workshop discussion at the October meeting of the Actuaries Club of New York on yearly price of protection and level price of protection calculation methods advocated by Dr. J. M. Belth for the purpose of comparing 2 life insurance policies.

Description: Reviews Dr. Belth's level price method for comparing the costs of two different cash value life policies.

Description: This article describes how option pricing theory can be used in everyday financial decision making, and provides examples applicable to the insurance industry.

Description: This article discusses the need for more coordination and consistency in assumption setting between the pricing actuary, illustration actuary, appointed actuary, and financial reporting actuary.

Description: The Actuary Vol. 22 , No. 7. This articles explores the dangers posed by many guaranteed-return life insurance and annuity products.

Description: This article compares computing a single premium for a decreasing term policy using continuous functions versus curtate functions.