Description: A discussion of the market opportunities for offering Stable Value Funds across the world.

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

Description: Editors discuss the articles in this issue.

Description: This article focuses on one fundamental modeling assumption — the choice of a benchmark rate or risk-free rate. The author looks at this bond market assumption as a case study of how one needs to monitor fundamental market changes for their impact on assumptions.

Description: A discussion of the theoretically correct approach to the valuation of cross-border insurance ventures

Description: This article introduces the reader to probabilistic methods used to model interactions in the financial market place. Three topics are specifically discussed, two concern modeling methods and the other concerns data analysis methods.

Description: Describes ways to avoid the next financial crisis by following the example of those who got it right and discerning what you could be doing to prevent your firm from experiencing excessive losses in future crises.

Description: The United States has received severe negative press the last several years regarding its massive U.S. federal government debt, currently estimated as of April 2007 at about $8.9 trillion. This article looks at the U.S. debt relative to other countries and also explores the impact on U.S. investments.

Description: This article discusses capital market cycles, specifically considering whether or not 2008 was a good time to buy. It concludes that “stocks have likely only recently entered the buying opportunity range on an aggregate basis. However, from a psychological and risk management perspective, we should strongly consider that stock prices will revert beyond the mean for many years, perhaps even decades, before they get better.”

Description: This article discusses creating a good organizational strategy for incentive compensation plans.