Description: The brief from the editor of Expanding Horizons for this essay was to give some personal reflections on how actuarial education and research influence actuarial practice.

Description: This report highlights findings from the 2011 Retirement Risks Survey related to longevity, with additional sources for commentary.

Description: In a well-designed enterprise risk management (ERM) program, the firm integrates risk management into the strategic planning process, addressing strategic risk, financial risk, operational risk and hazard risk under a single overarching process. This is particularly important to large financial firms, such as property and casualty (P&C) insurers, which face a diverse set of risks. In contrast to previous studies that document a significant product line and geographic diversification discount relative to more focused competitors, our analysis suggests that firms with effective ERM programs exhibit a performance premium. Using the Standard and Poor’s (S&P) ERM ratings from 2006 to 2012, we find that product line diversification has a significant positive effect on value for more diversified firms with well-implemented ERM programs, as compared to those with weak ERM.

Description: Announces the first major grant awarded to the newly formed Society of Actuaries Foundation to fund the development, production, and distribution costs for a major book on financial economic theory as it applies to the work of actuaries.

Description: Discussion of solvency problems and the actuary's role in addressing them in the life insurance industry.

Description: Court is in session and you are the jury! Follow along as challenging aspects of actuarial professionalism are explored in a court-like setting. Deliberate based on what you already know from your own experience as well as based on what you learn in this session and then deliver your verdict accordingly. Who says learning about actuarial professionalism can't also be fun?

Description: The October/November 2015 edition of The Actuary magazine—the Society of Actuaries’ flagship publication.

Description: The Actuarial and Educational Research Fund, AERF, is seeking: research project ideas, researchers, and funds to support the research.

Description: This is an article about the education provided for actuaries highlighting a paper presented to the Institute in London in January 1982 by W. W. Truckle, F.I.A., Director of that body's Actuarial Tuition Service. Written to provide a framework for oral and written discussion, it features questions rather than opinions.

Description: Non-routine business transacted at meetings of the SOA Executive Committee on March 34 and May 28, and the Board of Governors on April 13.