By Shawna Ackerman
Happy 30th, A Google search of the year 1989 reveals (the first) George Bush was sworn in as president of the United States in January, China’s Tiananmen Square protests happened in April, Hurricane Hugo slammed into the United States in September, and the Berlin Wall fell in November. Concurrent with these auspicious historical events, that same year the Academy launched its bimonthly magazine, Contingencies.
By Carl Friedrich, Dan Nitz, Al Schmitz, and Deyu Zhou
The coming long-term care (LTC) crisis has been well documented. More and more Baby Boomers are turning 65 every day and the need for financial protection from an LTC event continues to grow.
By Keith Passwater & Dave Nelson
Extending life and improving quality of life for literally millions, drug treatments such as aspirin, penicillin, insulin, AZT, cancer drug Herceptin, Harvoni, and Lipitor are nothing short of miracle drugs.
By Allen Ellstein
The following article discusses the history of mutual funds and what we can learn from it.
By Jeff Reeves
Precept 1 of the Code of Professional Conduct that all practicing U.S. actuaries must adhere to says, in part, that actuaries should “act honestly, with integrity and competence” and that they should avoid “dishonesty, fraud, deceit, or misrepresentation.”
By Tom Jaros
There is an old adage: “What gets measured, gets managed.” Under generally accepted accounting principles (GAAP) targeted improvements, much more will be measured.
By R. Evan Inglis
We haven’t come fully to grips with it yet, but our financial world is going through a massive transition that will create challenges for investors in public and private markets.
By John Divine
On February 3, Super Bowl LIII will be played in Atlanta, Ga. Routinely the most-watched television program of the year, over 100 million Americans will tune in to see some of the finest athletes in the world square off against each other in a battle of brawn, speed, wit, and—hopefully—analytics.
By Carlos Fuentes
Introduction
Classic: A book that people praise and don’t read—Mark Twain
By Jennifer K. Chancey
Capital is the buzzword of the day. Does a bank have enough of it right now? Would it be enough to survive a recession or a depression?