Description: Article from The Actuary, June 1971 – volume 5 - Issue 6 is a recap of the LOMA Systems Forum held in New York, March 15-17, 1971.

Description: Discusses the growing and evolving field of pricing and valuing stock option plans, and makes the case that actuaries are the professionals best qualified to serve clients in the field.

Description: This article reports on the activities of an ad-hoc group formed to help generate research on creating models for actuarial purposes.

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

Description: This article is a book review of “Two Stochastic Processes,” by John A. Beekman. The author of this article notes that the two stochastic processes referred to in the book are the Gaussian Markov and the collective risk stochastic processes, and that both the theory and applications are examined. Note: a more detailed review of this book will appear in the Transactions.

Description: A review of 'Life Contingencies' by Alistair Neill, to be used as a textbook for the Institute and Faculty of Actuaries examinations.

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 about the science of characterizing and analyzing problems known as 'heuristics'. A particular heuristic useful in solving probability problems is presented.

Description: This article discusses the relative possibilities for success in the NBA draft.