Description: Examines the application of stochastic modeling techniques to non-market risks facing the life insurance industry. The focus is the modeling and quantification of mortality and lapse risks with consideration for the impact reinsurance has on these risks. To mitigate the impact of financial risks, the research assumes a 20–year term life insurance product.

Description: Letter from the chairperson of the Financial Reporting section describing the changes that are in store for the financial reporting industry and the SOA’s Financial Reporting section.

Description: This article addresses the key capital and risk management issues immediately confronting the industry.

Description: In this article, the section chairperson talks about some challenges that are presenting the actuarial profession, and Risk Management professionals and how to turn them into new opportunities for business.