Description: The importance of financial wellness has been increasingly recognized in the last few years. More organizations are sponsoring programs to assist people in different stages of their life.

Description: Investment risk management has become a core competency of insurance companies, and much has been discussed on this topic. This session examines the current investment risk management practices such as product line specific hedging and macro hedging, with a focus on what still remains to be addressed—whether the tradeoff of addition risk management is worthwhile.

Description: ongoing discussion of the proper interest rate to use in discounting liability cash flows to reflect credit risk of the insurer in a fair value accounting system

Description: Presenter discusses some techniques for minimizing and controlling the damage to defined-benefit pension surpluses caused by market forces. From the Record of the Society of Actuaries, Vol. 25, No. 2.

Description: The actuarial techniques actuaries use in financial security systems can be adapted to provide valuation of potential corporate environmental liabilities.

Description: This is the fourth paper on n-year roll forward reserve financing of public benefit systems, especially Old-Age, Survivors and disability Insurance OASDI, prepared by University of Michigan faculty and students. As the papers have developed, some ideas have been simplified, while others have become more complex. It is concluded that the theoretical model requires further attention. This research can be extended to expand our knowledge of OASDI financing and the applicability of n-year roll forward reserve financing.

Description: These are the abstract, outline, graphs and tables of the paper “Conclusions from Michigan Studies of Social Security Financing”. By such studies we mean the papers prepared during the past five years by actuarial students and Cecil Nesbitt, and which have appeared in ARCH. The paper is in three parts: A lengthy Abstract, followed by 17 pages of text, graphs, tables and references. The third part is a 10 page Appendix which gives the proofs of text statements.

Description: This is a panel discussion about the economic outlook, particulary with respect to interest rates, the behavior since World War II and the outlook for the future. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2

Description: Since spring, with the marked improvement in the payments deficit of the United States, the climate for discussion of reform of the world currency systems has become much more favorable. Perhaps our subject today should more fittingly be entitled Monetary Reform for the World Economy. Discussion focuses on the steps that can be taken to insure that enough liquidity will be provided to finance expanding world trade while maintaining stable price levels, and on how reform measures can be drawn to avoid the danger that additional liquidity will encourage countries to run chronic deficits.

Description: We discussed impacts of procrastination and strategies to harness the power of inertia to aid individuals in their pursuit of future financial well-being.