March/April 2007

Climate and Hurricanes - What Happened in 2006?

HurricanesAfter disastrous years in 2004 and 2005, everybody expected 2006 to be more of the same. So what happened?
by David A. Lalonde



Finite RiskFinite Risk Transfer

Finite Risk Transfer - powerful medicine that can be safe and effective. Possible side effects include civil complaints, criminal indictments, and increased regulation.
by Douglas Simpson





A Critical Review of the CRUSAP Project

The yearlong effort to produce the CRUSAP report is over, but the real work of shaping the future of the actuarial profession is just beginning.
by Fred Kilbourne


In AnnuitiesIn Annuities We Trust

As Americans learn to rely less on defined benefit pensions to fund their retirments, annuities may help them not to outlive their defined contribution plans.
by George A. (Sandy) Mackenzie



Reverse Image - Australian vs. US Fiscal Policy

Reverse ImageAs the United States drowns in debt, Australia stands high and dry.
by Hank Cox







Special Section: Reinsurance




We Got Game
Steve Sullivan


The Hard Choices of Health Care Reform
Dwight K. Bartlett III

The Case of the Careless Subordinate
Michael Toothman


Before the Pandemic
Geary W. Sikich

Over-the-Counter Drugs
Steve Berna

Remarkable Parabola
Yan Fridman

What's My Best Estimate?
Sam Gutterman

A treasury of Vanderhoof
Irwin Vanderhoof's columns for Contingencies have been collected in one volume. Order "Through an Actuarial Looking Glass" for just $16.