Description: This article discusses the shift of capital in the 1980s from traditional Whole Life Insurance to Universal Life, Term, Variable products and Managed Care. Restructuring in the insurance industry presents challenges and opportunities for actuaries. The author exhorts actuaries to be part of the solution by updating actuarial science and expanding into new areas.

Description: This article discusses analyzing employee benefit costs in mergers and acquisitions. This article is focused on what to watch out for.

Description: This editorial is a rejoinder to a letter signed by 346 Society members that protests the action of the Board of Governors that implemented an experiment to grant credit toward Society membership for achieving a certain standard in accredited college courses for specified subjects.

Description: This series of articles provides an in-depth look at the activities of the SOA in 2009.

Description: This article describes the activities and results of an SOA Task Force on Expansion of Mortality and Morbidity Statistics which was formed to review the mortality and morbidity research undertaken and the statistics published outside the recognized actuarial organizations.

Description: The Actuary Vol. 22, No. 7. This article discusses the activities and goals of the Product Development Section which is in its sixth year.

Description: The Actuary Vol. 22, No. 7. This article discusses the activities and goals of the Product Development Section of the SOA. Future activities will include joint sessions with other sections since product development issues sometimes relate to financial reporting. reinsurance, investments and nontraditional marketing.

Description: In this article the author cautions against the temptation to extend stochastic modeling into areas of unpredictable parameters and probabilities. He challenges actuaries to rely on their own judgment.

Description: This article describes opportunities and challenges presented to Corporate Actuaries caused by swings in investment gains and losses, the cyclical nature of health insurance results, and increased investments in affiliates which divert use of surplus increase from organic growth to acquisitions. margins were much higher

Description: The Actuary Vol. 22, No. 6. This article discusses a set of papers called The Flock & Sheep & Other Essays by Frank. M. Redington, a UK actuary who practiced in the early 20th century. It draws out the lessons that have applicability across the generations and across the Atlantic Ocean.