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 is intended to provide an introduction to microfinance and microinsurance. Microfinance began in the 1960's and 1970's as a humanitarian activity directed at the poor to provide micro loans for working capital. Microinsurance MI protects people in the low-income range against specific perils in exchange for regular premium payments.

Description: Editorial discussing the tumultuous insurance industry and current financial crisis.

Description: This article was written in June 2008, prior to the financial crisis in the fall of 2008. It discusses the very complicated new world of financial insturments and derivatives and the risks that there may be in light of no strong capital requirements, no control on leverage and the high derivative volume.

Description: Reports the results of one application of a Future Research technique-in this case, forecasting future economic variables.

Description: Discusses the influences that foreign economies have on the U.S. economy and the risks that those influences create for the U.S. life insurance industry.

Description: Discusses the market, demographic, and macroeconomic factors that affect actuaries' choices for the assumptions they use in the pricing and valuation of many insurance products.

Description: Have you ever wondered why patterns persist in the stock market but never change our expected return? Efficient-market theory has been attacked by many sides, especially due to the existence of irrational investors.

Description: This is an article about the lack of savings by the baby boomers and how it will affect retirement and the ramifications for Social Security. The author believes that baby boomers will choose to continue to work and alleviate some of the burden on social security.

Description: This article summarizes a series of surveys that explore how the public perceives retirement risks and manages related financial resources. It also provides examples of conflicting perceptions and behavior related to retirement and how retirees manage assets in retirement.