Description: The Actuary Vol. 22, No. 2. This article discusses how the the choice of basis for measuring Interest Rate Spread impacts pricing and accounting for interest sensitive products.

Description: This article poses the question, why doesn't the teaching of life contingencies start with the premise that the rate of investment income is a random process in a similar manner to the random nature of the time until death? The article suggests some methods for doing so.

Description: The Actuary Vol. 22 , No. 7. This articles explores the dangers posed by many guaranteed-return life insurance and annuity products.

Description: This article compares computing a single premium for a decreasing term policy using continuous functions versus curtate functions.

Description: In this article the author compares the profitability of Variable Life Insurance and Universal Life Insurance products. He concludes that a company can develop a typical VUL product with adequate profitability as compared to the company’s current UL product.

Description: A recent SOA regional meeting featured discussion on an age-old actuarial debate: Within the same company, should the return on equity ROE target vary by profit center PC depending upon the risk of the PC?

Description: This article discusses the growing popularity of variable products and compares the product design and pricing of VUL and UL products.