Description: Discussion of significant anomalies in option pricing due to the independent identically distributed assumption of the Black Scholes formula.

Description: Explains considerations for stochastic modeling of credit spreads, inflation and exchange rate risk.

Description: Review of a research project, co-sponsored by the SOA, which examined 83 organizations and over 150 programs that measure the quality and efficiency of hospitals and physicians.

Description: The article described recent major advances in measurement of health programs and providers in the public and private sector.

Description: Update on IASB Activities during the last quarter of 2016.

Description: Continues the look from previous articles at unlocking of traditional contract valuation assumptions, this time examining the effects of lapses.

Description: Discusses how 'insignificant' changes in assumptions can have very significant affects.

Description: Jeff Sagarin is one of the most well-known figures in the sports analytics world, with his sports ratings appearing in USA Today for over 30 years. Few may know that he started his career in the actuarial world, even passing three exams before his sports ratings took off. This article explores the parallels between the challenges of developing sports rating systems and the challenges that actuaries face every day.

Description: This article gives examples of how an actuary can live by the actuarial motto of substituting facts for appearances. The specific examples given are setting the mortality for table shaved individual life business and setting late duration lapse assumptions for level term business.