Description: Article introducing a new department in the newsletter by the section's SOA staff partner.

Description: Read the August 2017 issue of Risks & Rewards published by the Investment Section.

Description: Introduces terms and concepts of Takaful (Islamic) insurance and describes the processes, goals and constraints that apply to the investments of such insurers.

Description: Explains the more granular breakout of bond RBC factors proposed to the NAIC. Evaluates alternative asset allocation choices for insurers under the new rules.

Description: As tariff policies are rapidly changing throughout 2025, the U.S. markets have been reacting in complex ways. In addressing the difference in short and long-term impacts of these policy changes, the importance of resilient and holistic risk management is highlighted in order for companies and investors to find opportunities and mitigate sudden losses.

Description: Part one of a two-part article, to be contined in Feb 2014. Provides useful rules of thumb for breaking out investment return into components of periodic arithmetic return, geometric return, the volatility of returns and the correlation of returns by asset class. Develops and relates these axiomatic concepts into rules of thumb for estimating quantiles of a range of stochastic returns.

Description: The authors outline the elements of new ALM paradigm for life insurers based on process governance, accountability, alignment and technology.

Description: This article highlights the Annual Meeting Session 39 on the Equity Risk Premium (ERP), mentions related sources. Further, it asks whether in the future we will no longer regard the ERP as a single monolithic entity but as a mosaic of premia, and also whether individual investors presently are too optimistic.

Description: Summarizes the state of US government balance sheet and defends the view that inflation will not rise sharply in the next few years.