Description: Read the French language version of the March 2017 issue of Risk Management published by the Joint Risk Management Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the March 2017 issue of Risk Management published by the Joint Risk Management Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Summary of SOA research report "Optimizing Risk Retention" which applies parametric survival models and Monte Carlo simulation to a block of term life business.

Description: David Januszewski looks at the the development of open source software in statistics. By comparing the virtues between SAS, the proprietary software and R, the open source software used by statisticians, he thinks that open source software "can and does coexist with the proprietary software" and "both have a purpose. "He further looks at the availability of the open source software in the actuarial profession and does not see "open source software sweeping across actuarial science like it has with other fields". Dave explains the possible uses and virtues of the open source software to actuaries and asserts that it may be beneficial that the open source is used together with the propriety software.

Description: A summary of potential future software-induced changes to the insurance industry, with a particular emphasis on machine vision technologies.

Description: This article discusses the powerful but yet infrequently used OFFSET function in Excel.

Description: Article focuses on a number of strategies that can be used to improve results in a DC plan. It is based on information from several outside sources. It encourages people with DB backgrounds to learn more about DC issues.

Description: Living beyond ones life expectancy poses many challenges. Among them are financial issues. Though there are products and strategies available that retirees could use to mitigate this financial risk they are seldom used. Reasons range from high cost, lack of awareness of the available options, and general underestimation of longevity risk. This paper poses the question as to whether the federal government can provide a solution to this potential problem in a fair and cost efficient manner. Ideas are presented as well as a discussion of the pros and cons of such a program concept.

Description: This article summarizes a method for measuring the credibility of a prediction from a logistic generalized linear model (GLM).

Description: This article shares our experience of using the cloud to do large-scale parallel processing and discusses some background regarding the cloud.