Description: Investment Fallacies: Simulation of Long-Term Stock Returns: Fat-Tails and Mean Reversion

Description: This paper proposes an insurance-specific framework for determining the cost of implicit guarantees the firm provides to the individual financial products sold. It then proposes utilizing that cost in pricing and portfolio-mix evaluation. From Actuarial Research Clearing House, 2006.

Description: This paper outlines a framework for managing life insurance company surplus. This framework can be used to assess capital investments, control the amount of capital used, monitor return on capital, and take actions when results deviate. From Transactions of Society of Actuaries 1986, Vol. 38.

Description: Quarterly update on regulatory trends of interest to financial reporting actuaries.

Description: In light of recent life insurance company insolvencies, this session at the SOA 1990 San Francisco Spring Meeting looks at industry solvency issues. The question of whether or not there is a surplus crisis is debated.

Description: The article focuses on the need to develop a strategy for investing surplus resulting from the buildup of significant excess capital. The author discusses three principles on which a company can base its surplus investment strategy, including the risk/return preference of the client, attribution of surplus to the products and an investment strategy based on all company risks.

Description: Presented at September 1995 Valuation Actuary Symposium. Discusses capital measurement and management, target return on capital, and economic value added as a tool for capital management and performance measurement.

Description: Article AERF in The Actuary, May 1979, Volume 13, Number 5

Description: The September 2014 Issue of the Financial Reporting Section's newsletter, The Financial Reporter

Description: Investment Fallacies: Bitcoin Fallacies