9. TABLE OF CONTENTS OF ACTUARIAL JOURNALS / TABLES · PDF file9. Table of Contents of Actuarial Journals / Tables des matières de revues actuarielles Upcoming Conferences—Call

9. Table of Contents of Actuarial Journals / Tables des matières de revues actuarielles

9. TABLE OF CONTENTS OF ACTUARIAL JOURNALS / TABLES DES MATIÈRES DES REVUES ACTUARIELLES

UNITED STATES - SOCIETY OF ACTUARIES

NORTH AMERICAN ACTUARIAL JOURNAL Table of Contents, January 2002 North American Actuarial Journal Volume 6, Number 4, October 2002 Table of Contents Feature Articles Bayesian Estimation of Outstanding Claim Reserves 1 Enrique de Alba Why Do Females Live Longer Than Males? 21 Jean Lemaire Estimating International Adverse Selection in Annuities 38 Olivia S. Mitchell, Ph.D. and David McCarthy, FFA Converting Clinical Literature to an Insured Population: 55 A Comparison of Models Using NHANES Brad Roudebush and John Klein, Ph.D. Regression Models for Bivariate Loss Data 67 David Scollnik An Economic Analysis of Life Insurance Company Expenses 81 Dan Segal Efficient and Robust Fitting of Lognormal Distributions 95 Robert Serfling Departments Discussions of Papers Already Published “Financial and Demographic Risks of a Portfolio of Life Insurance Policies with Stochastic Interest Rates: Evaluation Methods and Applications” 110 The Authors’ Reply “A Re-examination of the Joint Mortality Function” 113 Discussion by James C. Hickman and Donald A. Jones

IAA Bulletin AAI No37 IV-2003 1 Discussion by S. David Promislow


Upcoming Conferences—Call For Papers 38th Actuarial Research Conference 118 American Risk and Insurance Association 2003 Annual Meeting North American Actuarial Journal Volume 7, Number 1, January 2003 Table of Contents Feature Articles Equity-Indexed Life Insurance: Pricing and Reserving 1 Using the Principle of Equivalent Utility Virginia R. Young Indicator Function and Hattendorff Theorem 13 Hans U. Gerber, Bartholomew P. K. Leung and Elias S. W. Shiu Moments of the Surplus before Ruin and the Deficit at Ruin 38 in Erlang(2) Risk Process Yebin Cheng and Qihe Tang Multivariate Credibility for Aggregate Loss Models 48 Edward W. Frees Pricing Lookback Options and Dynamic Guarantees 68 Hans U. Gerber and Elias S. W. Shiu Departments Discussions of Papers Already Published “Comparison Between Future Lifetime Distribution and Its Approximation” 87 Discussion by Bruce L. Jones and John A. Mereu Book Review Insurance: From Underwriting to Derivatives: Asset Liability Management In Insurance Companies, by Eric Briys and Francois De Varenne 88 Reviewed by Elias S.W. Shiu

IAA Bulletin AAI No37 IV-2003 2


THE ACTUARY Tables of Contents — November 2002 through March 2003 The Actuary, Volume 36, Number 9, November 2002 Table of Contents Silver Bullets for Outpatient Cost Increases? 1 Bruce Pyerson, Patricia Zenner and Pang Chye Editorial: Welcome to the World of Regulation 2 Craig Kalman Health Risk Management Subgroup Addresses SOA Members’ Needs 4 Megan Potter Commission Seeks to Compensate Holocaust-Era Insureds 6 SOA Conducts Market Research To Understand How Actuaries Can 9 Remain Competitive in the Job Market Meredith Lego Practice Area Update 11 Who Will Be Nominees in 2003? 13 Robert L. Brown CE Corner 14 SOA Customer Service Department Provides “One-Stop Shopping” 14 For Members Bill Breedlove Research Corner 15 Puzzle 16 The Actuary, Volume 36, Number 10, December 2002 Table of Contents Presidential Address: Actuarial Images 4 W. James MacGinnitie Treasurer’s Report: SOA Posts 8 Percent Gain for 2001, Expects 7 To Surpass 2002 Budget Sue Ann Collins



Boston Hosts This Year’s Confab 8 Hot Topics: The 2001 CSO Mortality Table 10 Michael S. Taht Hot Topics: Expected Investment Returns 11 Actuarial Leaders Reflect on Past Year, Look to Future 13 Practice Areas Report Past Progress and Future Goals 17 SOA Initiatives Flourish Despite the Recession 20 Section Year in Review 24 The Actuary, Volume 37, Number 1, January 2003 Table of Contents Variable Annuity Guarantees: More than Just Acronyms 1 Rob Stone Editorial: Fallout of Tough Economic Markets 2 Godfrey Perrott Defined Benefit Pension Plans in the Post-Bubble Era 6 Gordon Latter Effect of Investment Earnings Volatility on FAS 97 Unlocking 8 For Variable Products Bob Thomas SOA Offers New Insurance Coverage to Members 11 Meredith Lego Consumerism Among Key Issues Addressed at Chief Health 11 Actuaries Forum in Boston Kara Clark CE Corner 12 Message from Enrolled Actuaries Meeting Committee 14 Presidential Musings 15 Harry Panjer Puzzle 16



The Actuary, Volume 37, Number 2, February 2003 Table of Contents

Participating Life Insurance—R.I.P.? 1 Kevin Wark Editorial: Fair But Not Equal? Equal But Not Fair? 2 Steven Prince Letter to the Editor: Let’s Be Careful about the Future of SOA Elections 3 Anna M. Rappaport

Letter to the Editor: Important Cost Factors Overlooked? 3 Shoaib Soofi

Is Par Making a Comeback? 5

Ireland: A Center for EU Life 6 Michael Daly Being Uncooperative Again 9 Andrew Smith An Interview with Actuary-Turned-Novelist Ardian Gill 11 Peter Hutchings Flexibility in Course Selection for ASA Approved by Board 12 SOA Adds Five New Monographs to Its Online Publications Library 13 CE Corner 14 Actuarial Research Exchange Launched 15 Enterprise Risk Management—A New Horizon for the Actuaries 16 Meredith Lego Presidential Musings: Image Is Everything 19 Harry Panjer Puzzle 20 IAA Bulletin AAI No37 IV-2003 5


The Actuary, Volume 37, Number 3, March 2003 Table of Contents

The Evolving U.S. Retirement System: Insurers View Expansion Of Income Annuities 1 Jeff Mohrenweiser Editorial: Pension Actuaries Must Redefine Their Role in the Evolving U.S. Retirement System 2 Alan N. Parikh The Shifting Structure of Pension Saving in the United States 7 James M. Poterba, Steven R. Venti and David A. Wise

A Call to Arms: Recent SOA Study Suggests Actuarial Skills Needed to Model Retirement Risks 11 Eric T. Sondergeld

Radical Revision of the Actuarial Pension Model Needed: An Interview With Larry Bader 13 Was About Schmidt About Actuaries? 18 Lynn G. Coleman An Interview with Actuary-Turned-Novelist Ardian Gill 11 Peter Hutchings CE Corner 20 Research Corner 21 Board Bulletins 22 Presidential Musings 23 Harry Panjer Puzzle 24 SECTION NEWSLETTERS A special interest section is a group of Society members organized to study and discuss their common function and professional interests and to contribute information to the actuarial profession. Sections are successful because their members get involved. They are structured but flexible so as to be responsive both to the needs of the profession and to the specific needs of



their members. Society members can discuss their special interests at the section level with other members and still be served professionally through the Society structure.

Sections publish newsletters and special reports, plan Society meetings and seminars, hold breakfasts and luncheons with guest speakers at Society meetings and support actuarial research efforts. Section members are eligible to vote in Council elections and to hold office in the section to which they belong. People in the actuarial profession and related fields in the United States, Canada, and other countries who are not members of the Society of Actuaries have the opportunity to take advantage of these special interest groups. Nonmembers can subscribe to one or more special interest sections in order to receive their mailings and to be invited to participate in seminars and other Section-sponsored programs. It is a good opportunity to keep abreast of actuarial advancements and activities in North America. Section Dues Subscription

$ $ Actuary of the Future Section $15.00 $15.00 Computer Science Section 10.00 NA Education & Research Section 15.00 15.00 Futurism Section 15.00 15.00 Health Section 30.00 30.00 Individual Life Insurance and Annuity Product Development Section 15.00 20.00 International Section 20.00 20.00 Investment Section 10.00 15.00 Life Insurance Company Financial Reporting Section 10.00 15.00 Long Term Care Insurance Section 20.00 20.00 Management & Personal Development 15.00 15.00 Nontraditional Marketing Section 20.00 20.00 Pension Section 25.00 25.00 Reinsurance Section 10.00 15.00 Smaller Consulting Firm Section 10.00 NA Smaller Insurance Company Section 15.00 15.00 TABLES OF CONTENTS FROM RECENT SECTION NEWSLETTERS Actuary of the Future Section Actuary of the Future, Issue #13, November 2002 Table of Contents Actuary of the Future Section Council—Ambassador Program 1 Sudha Shenoy



A Note from the Editor … The Best Profession? 2 Morris Fishman You’ve Been Downsized 3 Jim T. Helton Actuaries of the Caribbean 6 Timothy F. Harris 2002 Spring Meeting Session Summary—The Marketing Actuary 9 Sudha Shenoy Non-Traditional Actuarial Profile 10 SOA Spring Meeting in San Francisco: Dorn Swerdlin Plays an 11 Actuary from the Future Futurism Section Actuarial Futures, Issue #25, October 2002 Table of Contents Possible New Project Endeavor Spearheaded by the Futurism Section 1 Steven W. Easson Impact of Terrorism on Future Mortality Assumptions 3 Mark C. Rowley Chairperson’s Corner 4 Steven W. Easson Learning To Cope with Complexity 5 Thierry C. Pauchant and Ian I. Mitroff Futurism Section Council Minutes 6 Editor’s Comments 7 Bradley J. Joern Futurism Sessions at the SOA’s 2002 Annual Meeting 7 Tired of Strategic Planning? 8 Eric D. Beinhocker and Sarah Kaplan



Health Section Health Section News, Issue #44, October 2002 Table of Contents Pharmacoeconomics: Why Should Actuaries Care? 1 Jill Van Den Bos Letter from the Editor 2 Jeffrey D. Miller Chairperson’s Corner 7 Daniel L. Wolak Make the Call—Evaluating Managed Care Networks 8 Steve Gaspar Outpatient Facility Reimbursement 10 Brian G. Small The Actuary and the Medical Device Industry 13 Robert F. McCarthy Comparison of Risk Adjusters 16 Bob Cumming ASOP 6 and Medicare Payments Projections 19 Wes Edwards NAIC Health Update 22 Rowen B. Bell International Section International Section News, Issue #29, February 2003 Table of Contents China’s Life Insurance Market: Can the Foreign Entrants Compete? 1 Paul Headey, John Law and Carol Zhang Editor’s Note: Looking Ahead … 11 Randy Makin “No Tax on Teal” 11 Chairperson’s Corner 12 Shumei R. Kuo



SOA Latin American Committee Breakfast 13 Jim Toole Professional Development Options for Candidates Residing Abroad 14 Life Insurance Seminar in Estonia 15 Adopting U.S. GAAP Accounting for Pre-Need Plans 16 Frank J. Buck International Section Council Photos 20 Webcast for International Continuing Education 21 Pension Reform in Eastern Europe and Central Asia— 22 A Multi-Pillar Approach Michael Cohen ISC Minutes 23 Appendix 25 Investment Section Risks and Rewards, Issue #40, October 2002 Table of Contents Chairman’s Corner 1 Max J. Rudolph Editor’s Column: Taking Stock—The Impact of Inflation on History 4 Richard Q. Wendt The Impact of Fair Value Accounting on the “Normal” Rate 5 Curve—A Speculation Jeremy Gold The Coming Revolution in Risk Management 6 Lilli Segre-Tossani And Then There Were Two … 11 David Ingram ‘Funny’ Accounting and White-Collar Ethics Highlight the Two 12 Standards of Crime Nino Boezio



Implementing the Longstaff-Schwartz Model 16 Pete Smith Pension Reform in Eastern Europe and Central Asia—A Multi-Pillar Approach 18 Michael Cohen How Many Scenarios? 20 David Ingram GMDB Pricing: Comparing a Lognormal Model to a Regime-Switching 22 Lognormal Model Robert P. Stone Modeling of Economic Series Coordinated with Interest Rate Scenarios 24 Project Steve Siegel Current Issues and Trends 25 Keith Gustafson Cognitive Dissonance 26 John Shuttleworth Subject to Revision 28 Abbigail J. Chiodo and Michael T. Owyang Investment Section Risks and Rewards, Issue #41, February 2003 Table of Contents Chairperson’s Corner 1 Douglas A. George Simulation Technology for Managing Risk 4 Lilli Segre-Tossani Windy City Hosts Investment Actuary Symposium 11 Max J. Rudolph and Peter D. Tilley A Balanced Outlook: The Latest Views of Jack Bogle 17 Richard Q. Wendt SOA Offers New Insurance Coverage Products to Members 17 Expensing Executive Stock Options: An Economic Middle Ground 18 Jeremy Gold



Taking Stock—What Really Has Changed in the Past Two Years 20 Nino Boezio Looking Back … Investment Section Council Photos 23 Risk Management and Actuaries—SOA Risk Management Task 24 Force Update David Ingram and Valentina Isakina Measuring Fair Value for Participation Units of Stable Value Pooled Funds 29 Paul J. Donahue The Case Against Stock in Corporate Pension Funds 32 Lawrence N. Bader Use of Structured Advances in Risk Management 35 Jay Glacy, Jr. Life Insurance Company Financial Reporting Section The Financial Reporter, Issue #51, December 2002 Table of Contents Variable Annuity DAC: A Survey of Current Practice 1 Laura J. Hay and Elizabeth Rogalin Letter from the Editor 3 Jerry Enoch A Letter from the Chairman…The Financial Reporting Actuary: A Play Maker 11 John Bevacqua Highlights of the September 2002 NAIC Life and Health Actuarial Task 5 Force Meeting and Other NAIC Topics Ted Schlude Revisions to the Actuarial Opinion and Memorandum Regulation 16 Keith A. Dall The Use of Reliance in Actuarial Opinions 18 Frank S. Irish Adopting U.S. GAAP for Pre-Need Plans in the Philippines 20 Frank J. Buck



Pan-American Actuarial Congress 24 Edward L. Robbins Long-Term Care Insurance Section Long-Term Care News, Issue #7, December 2002 Table of Contents Understanding the Risks at the Younger Ages 1 Scott A. Weitz Articles Needed for the News 2 Chairperson’s Corner 3 Gregory A. Gurlik A Visit to On Lok 11 Gregory A. Gurlik A Word from the Editor 12 Bruce A. Stahl SOA Committee on Post-Retirement Needs and Risk 12 Anna M. Rappaport Retirement Implications of Demographic and Family Change 13 Anna M. Rappaport LTCI Pricing and Product Development Trends 15 James C. Berger Understanding Secondary Differences in LTC Experience 18 Philip J. Barackman Some Thoughts on Rate Stabilization 19 Joan P. Ogden Reinsurance: Sharing More than Morbidity Risk 22 Bruce A. Stahl LTCI Section Meets in Boston 24



Management and Personal Development Section The Stepping Stone, Issue #11, March 2003 Table of Contents Chairperson’s Corner 3 Simcha A. Segal Ten Rules for Giving a Great Speech 4 James Gray Upcoming 2003 Spring Meeting Sessions 7 How To Be a Superstar in Your Own Company 8 Aimee Kaye Are You a Product Actuary or a Marketing Actuary? 11 Mike Kaster Ins and Outs: Achieving a High Return on Investment—By 15 Investing in Yourself David Duncan Nontraditional Marketing Section NewsDirect, Issue #41, September 2002 Table of Contents Direct Insurance Sales Using Microeconomics 1 Robert E. Winawer Chairperson’s Corner: Looking Ahead … 3 Michael L. Fix NTM Section News 6 Editor’s Corner: Technology Improves Our Lives 8 Julie L. Tani Internet Benefits Extend Far Beyond Distribution 9 Bill Winterman American Life of New York Binds Insurance Using Expert Underwriting 11 Simon Walsh E-term: Channel Management and Other Implications 12 Steve Konnath



The Survival of Most Insurers Hinges on Underwriting Faster, 14 Cheaper, Better Maria Thomson Bancassurance Session at March ICA Conference 17 Nancy Behrens What We Did on Our Summer Vacation: The Joint Regional 18 Seminars in the Far East Jay M. Jaffe Nontraditional Marketing Section NewsDirect, Issue #42, January 2003 Table of Contents Editor’s Viewpoint: Stepping into the All-Electronic Future… 1 Brian L. Louth Chairman’s Corner: Are We Meeting the Goals of Our Mission Statement? 3 Diane McGovern A Niche Product and Its Marketing—A Tale of Trials, Tribulations 4 And Rewards Steve P. Cooperstein Outlooks for Using the Internet in the Distribution of Life Insurance 6 Robert L. Smith Nontraditional Marketing Sessions 12 Direct Insurance Sales Using Microeconomics: Overcoming Asset 15 Share Pricing Criteria Robert E. Winawer Boston 2002 Annual Meeting: NTM Section Meets To Plan for 2003 26 Pension Section Pension Section News, Issue #50, October 2002 Table of Contents OASDI Trust Fund: Principal Economic and Demographic Assumptions 1



Chairperson’s Corner: Represent This! 3 Paul Angelo HI Trust Fund: Actuarial Methodology and Principal Assumptions 8 SMI Trust Fund 12 Pension Council Minutes 18 Congratulations & Thank You 21 Society of Actuaries Webcasts 22 Sandy Neuenkirchen Pension Section Pension Section News, Issue #51, February 2003 Table of Contents Summary of 2003 IRC, PBGC, Federal Income Tax, Social Security 1 And Medicare Amounts Heidi Rackley Chairperson’s Corner 3 Marilyn Miller Oliver Pension Section Council Minutes 13 Retirement Implications of Demographic and Family Change (RIDFC) 15 Karen Gentilcore The Case Against Stock in Corporate Pension Funds 17 Lawrence N. Bader Controversy in Pension Mathematics 20 Society of Actuaries Offers New Insurance Coverage Products to Members 20 Controversy Presented and Discussed Lived at a June Symposium 21 Investment Strategies Key Focus First LIMRA/LOMA/SOA 21 John Riley Thanks, Judy! 22 Pension Section Council Members 23



Product Development Section Product Matters, Issue #54, November 2002 Table of Contents Comments from the Chair: Looking Ahead … 1 Noel J. Abkemeier What We Did on Our Summer Vacation: The Joint Regional 4 Seminar in the Far East Jay M. Jaffe Federal Tax Issues Under the 2001 CSO Mortality Tables 7 John T. Adney and John J. Spina What Is Critical Illness Insurance? 15 Susan Kimball Are You a Product Actuary or a Marketing Actuary? 20 Mike Kaster Introduction to Private Placement VUL 22 Dan Theodore NAIC Update on Issues Affecting Life and Annuity Product Development 25 Andrew M. Erman Product Development Section Papers Competition 25 Letter from the Editor 27 Douglas C. Doll Comments from the Outgoing Chair 27 Mary J. Bahna-Nolan Survey on Mortality Tables 28 Douglas C. Doll Mortality Table Slope and Future Improvements 30 Michael S. That Annual Meeting Speakers To Thank 31



Reinsurance Section Reinsurance News, Issue #51, March 2003 Table of Contents Is Regulation Driving Competition? 1 Carolyn Cobb Generalized Mortality Table Analysis 1 Larry Warren From the Editor’s Desk: Looking Ahead … 3 Dean S. Abbott Chairperson’s Corner: The Future of Life Insurance 3 James W. Dallas Year-End Capital Management Using Financial Reinsurance 17 Richard Leblanc Reinsurance Section Photos 19 How To Prevent the Big Mistake 20 Ed Betteto Press Release 24 Reinsurance Arbitration Survey—1998-2001 25 Joseph F. Kolodney Long-Term Care Reinsurance: The Need Continues; The Need Changes 29 Gary L. Corliss Economic Advantages of Offshore Life Reinsurance 32 Kent Scheiwe and Margaret O’Connor Actuaries of the Caribbean 37 Timothy F. Harris Smaller Insurance Company Section Small Talk, Issue #19, November 2002 Table of Contents Chairperson’s Corner: Songs We Know by Heart 1 R. Dale Hall



Editorial Comments 4 James R. Thompson The Design and Pricing of Critical Illness Insurance 5 Jeff Morris Reworking the ABCs of XYZ 8 Tom Kalmbach Section 7 Opinions 9 Mark Rowley Description of the Development Process for the 2003 GRET Factors 13 Timothy Harris


Documents

9. TABLE OF CONTENTS OF ACTUARIAL JOURNALS / TABLES · PDF file9. Table of Contents of Actuarial Journals / Tables des matières de revues actuarielles Upcoming Conferences—Call