Description: Asset modeling is becoming increasingly complex, detailed and important to insurance company financial reporting and risk management. This article describes the author's personal perspective on the current state of asset modeling in insurance companies and the future challenges facing actuaries who develop, maintain and use ALM models.

Description: Presents results of 2003-2012 cohorts of insurance company private placement bonds. Finds private bonds show a 15bp annual advantage relative to public bonds, due to lower loss severity.

Description: Uses Blackrock's macroeconomic and style factors in asset allocation examples for an insurance portfolio and a pension portfolio.

Description: Describes investment strategy targets used in the investment competition under way for investment section members in 2017.

Description: Statistics were invented to describe heterogeneity and are now applied to tackle alea. It may not be appropriate. Let's clarify their field of relevance.

Description: February 2011 issue of the Investment Section newsletter, Risks & Rewards.

Description: Feature article describing the use of arithmetic means in the production of return results predictions.

Description: Read the August 2019 issue of Risks & Rewards published by the Investment Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This article speculates on the presence and magnitude of the benefits attributable to regular rebalancing of one's investment portfolio. It surveys the extant literature, discusses certain implications, and presents conclusions.

Description: The author provides insights into the reasons for the decline of Japanese government bond yields to record lows as of October 1997. This article originally appeared in the November 1997 issue of International Economic Trends, and is reprinted courtesy of the Federal Reserve Bank of St. Louis.