Description: This presentation presents a minimal model that allows for a fine assessment of required own funds.

Description: Financial illiteracy has been identified as a major obstacle to effective retirement planning for Americans. Anna Rappaport’s article provides actuaries with helpful ideas about ways to make the public more aware of the increasing need for financial literacy and some of the resources currently available to help individuals.

Description: This article is a review of the book, The Big Short by Michael Lewis. This book is a follow up to his previous book, Liar's Club, and focuses on the high finance issues that affected the economy in 2007 and later. In this book, Lewis focuses on the contrarians and challenges the Efficient Market Hypothesis.

Description: This article discusses credit default options, the applications, pricing and hedging default risk.

Description: This article lays out a generic framework on how to hedge a European call option on a non-dividend paying stock using futures in a stochastic interest rate environment.

Description: Feature article discussing the possibility of the LIBOR rate ceasing to exist in 2021 at what that would mean for insurance companies.

Description: Tidbits of Section relevant information.

Description: This article questions the validity of long term market return expectations using macroeconomics and analytical arguments.

Description: Table from an article from The Actuary Magazine entitled Outsourcing of General Account Investments.

Description: This article provides a summary of the research paper and Excel-based tool that can be found on the SOA’s website at Regulatory Capital Adequacy for Life Insurance Companies: A Comparison of Four Jurisdictions | SOA.