Description: On January 9 2022, a full-scale nucleic acid testing in Tianjin was launched. Over 10 millions of people were tested with the results announced within 2 days. The speedy efficiency was partly due to group testing with 10 persons per group. With this background, the aim of this article is to explain the probabilistic principle underlying group testing. To make the expository vivid, some numerical results and figures were provided using R language, a popular software in actuarial science and statistics.

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: Description of the scheduled sessions that are either sponsored or co-sponsored by the E&R Section.

Description: This article list descriptions of the sessions that are either sponsored or co–sponsored by the Education and Research Section.

Description: This article describes the 2009 actuarial research conference.t

Description: A description of the of FAP design and development process. The release of FAP Module 1 earlier this year marked a significant achievement for the Society of Actuaries' basic education system.

Description: The 42nd Actuarial Research Conference is scheduled for August 9–11 on the campus of Robert Morris University in Moon Township, Pennsylvania, just outside Pittsburgh. From Expanding Horizons, April 2007.

Description: The 42nd ARC will take place Aug. 9–11, 2007, on the campus of Robert Morris University.

Description: Portrait of Craig Raymond, FSA, MAAA, joined The Hartford in 1985 and was elected associate actuary in 1986. After a year at the actuarial consulting firm of Tillinghast/Towers Perrin, he returned to Hartford Life as actuary in the Employee Benefits Division. In 1990, he moved to the Individual Life and Annuities Division and in 1991 was named its actuarial director. He was elected vice president in 1993 and promoted to senior vice president in 1996. From The Actuary Magazine, April/May 2005