Description: The goal of the session was to provide actuaries with an overview of the experiences of being an independent actuary and several details to be considered when setting up your own business.

Description: This article discusses the findings of the January 2007 paper regarding the mortality experience Fellows of the Society of Actuaries. The on–line my paper Mortality Experience of Members of the Society of Actuaries investigated the mortality experience of 3,037 members of the Society, including all Fellows who attained fellowship through 1974. This note takes the investigation through one more class of Fellows 1975 Fellows.

Description: Discusses the market, demographic, and macroeconomic factors that affect actuaries' choices for the assumptions they use in the pricing and valuation of many insurance products.

Description: The risk/delivery/protection framework was first presented to participants in the SOA's Long-Term Care Think Tank seminar in a survey. That survey was designed to get participant opinions on how the system might evolve over the next five to 10 years. The results of the survey are summarized in the article.

Description: An article from The Actuary that highlights the strategic importance of inter-company mortality studies. Broad-based mortality studies form the backbone of the life actuarial profession. However, few companies have sufficient exposure or deaths to construct their own mortality table. Even is some large companies have enough data, there is still a vast majority of companies that do not. Historically, the void has been filled by means of inter-company studies.

Description: The author discusses how China is poised for dramatic changes in its life insurance industry that will raise both opportunities and challenges. The author notes that China has particularly spectacular growth prospects, and given the nature of the business, the industry will have an almost insatiable appetite for capital. However, In order to accomplish this, China's insurance industry needs to advance its financial management and improve its ability to produce transparent financial information, in a timely and reliable manner. The author compares China’s current position in the life insurance compared to other Asian countries, and describes the steps needed to improve its financial management.

Description: This article examines employee stock option ESO cost accounting, the characteristics of ESO schemes, the requirements and recommendation of FAS 123R and SAB 107. It also explains why the lattice model is probably the best approach to measuring the cost of stock option grants.

Description: The SOA Member and Candidate Survey is conducted every three years. This article highlights key findings.