Description: Remarks on the pricing of joint LTC policies illustrate the need for an actuary's responsibility to the law, and to best practices, to take precendence over serving sales, marketing and underwriting objectives.

Description: Third installment in a series of articles applying Buddhist principles to the challenges that actuaries face in applying their craft. The themes are adapted from the book "Awake at Work", by Michael Carroll. This particular installment covers the concept of "li" to the compliance aspects of an actuary's work, moving beyond minimum or literal compliance to a work product that provides multiple uses and meets a much higher standard

Description: A summary of the responses to the article “Stochastic Cherry Orchard”. A situation where a subordinate actuary was asked by his superior to reduce the number of scenarios run on a UL valuation in order to meet a time deadline.

Description: Discusses some common practices by actuaries and others in the insurance industry that are now undergoing closer regulatory scrutiny.

Description: Model governance must deal with the effects organizational culture, including normalization of behaviors that are inconsistent with appropriate governance.

Description: Based on April webinar, develops nine guidelines for setting assumptions.

Description: A discussion of the Egyptian Society of Actuaries, founded in February 1999

Description: This e-book contains topical essays that express the opinions and thoughts of a number of authors on the subject. It should be understood that the thoughts and insights shared herein are the opinion of the authors and not necessarily those of the Society of Actuaries, the Casualty Actuarial Society, the Canadian Institute of Actuaries, or corresponding employers of the essayists.

Description: A dicussion of the Rate Classification Actuarial Standard of Practice, ASOP #12: its purpose, its scope, guidance, and examples.