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

Description: This editorial notes how change is constant in the world around us and that the SOA has adopted a theme of change. Articles in this issue of The Actuary, which are all related to change, are summarized.

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: This article explains the change in reinsurance in Brazil to an open market and why Rio de Janeiro should be the center of Brazil's reinsurance market. Prior to January 2008, all reinsurance was through the IRB, The Brazilian Reinsurance Institute founded in 1939 and jointly owned by the insurance companies that are licensed to do business in Brazil and by the Government of Brazil.

Description: This is a review of 'Restructuring Retirement Risks,' a collection of papers that examines retirement risks, edited by David Blitzstein, Olivia Mitchell, and Stephen Utkus. The papers, which are a must–read for serious students of retirement systems and a good introduction for those not as familiar with the issues, explore the stresses being placed on those systems and ever–increasing uncertainty as Baby Boomers begin to move into retirement.

Description: This article provides questions and answers about the Society of Actuaries Continuing Professional Development 'CPD' Requirement Exposure Draft.

Description: This article examines the dynamic environment of the health care system in the United States and the challenges facing the health actuary.

Description: Other Post Employment Benefits OPEB deals with the promise of providing coverage for post employment non-pension benefits such as health care and life insurance. This article focuses on the recent implementation of GASB No. 43 and 45 which requires public entities to value and recognize the liability of post employment non-pension benefits.

Description: Feature article describing the results of an SOA sponsored retirement survey. From The Actuary Magazine, April/May 2010 Vol 7 Issue 2

Description: A farewell to the contributing editors of The Actuary whose tenure ended in 2010.