Description: The February/March 2014 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: In this column from the section chairperson, he suggests that in a world where 'too big to fail' is encouraged, entrepreneurs must adapt by developing marketing strategies and capabilities that deal effectively with both the end user of the services and the procurement professionals and process.

Description: This article is the first installment of a three-part series that aims to provide an overview of ESGs and will focus on the general motivation for stochastic modeling, its advantages and its limitations. Future articles will further break down the key factors of ESGs and the application of these factors to better understand the Academy Interest Rate Generator (AIRG).

Description: Historical and actuarial perspectives on the coronavirus events of 2020.

Description: This article explores how the ideas in Abundance, the bestselling book by Ezra Klein and Derek Thompson, offer a fresh lens for understanding both society and the life-insurance industry. The book contrasts two ways of thinking: a scarcity mindset that assumes limits, protects the status quo, and manages decline; and an abundance mindset that believes capacity can expand through innovation, investment, and imagination. The article traces how these philosophies appear in American history, politics, and public policy—from immigration rhetoric to wartime mobilization—and shows how over-regulation often traps entire sectors in scarcity. Against this backdrop, the article argues that life insurance remains anchored in scarcity thinking, even as other industries—streaming, digital platforms, and the sharing economy—have embraced abundance with transformative results. The protection gap illustrates the issue: U.S. households face a US$25 trillion shortfall in mortality coverage, yet actuarial practice tends to price narrowly, underwrite cautiously, and focus on existing insured lives rather than millions of underserved families. The article calls for a shift toward abundance through broader underwriting, inclusive product design, alternative data, parametric solutions, regulatory engagement, and financial literacy. By choosing abundance, the industry can close protection gaps and redefine its role in expanding opportunity.

Description: This article delves into the use of embedded insurance policies for general insurance coverage and thepotential issues created from their use.

Description: Discussion of practice areas, the Society of Actuaries' strategic plan, and the Implementation Task Force on Sections and Practice Areas.

Description: Asset Liability Management (ALM) is a vital function in insurance operations, focusing on the strategic alignment of assets and liabilities to enhance risk-adjusted returns while ensuring compliance with regulations and fulfilling policyholder commitments. The rise of negative credit spreads poses a fundamental challenge to conventional ALM models, compelling insurance companies to reevaluate their investment strategies, hedging techniques, and risk management practices. This analysis indicates that negative credit spreads bring both considerable challenges and distinct opportunities for insurers. Although they narrow profit margins and complicate traditional spread-based investment approaches, they also offer potential for capital gains and alternative revenue sources for insurers willing to adapt their ALM strategies accordingly.

Description: An article on kinder, gentler mergers and acquisitions. Life insurance company mergers and acquisitions are seeing a renewal of activity. Now, however, they are being handled with a new consciousness.

Description: Retrospective on the E&I council goals and accomplishments heading into the new SOA community model