March/April 2018

Features

Departments

What’s Fair?
President's Message

What’s Fair?

By Steve Alpert
The actuarial profession has to navigate the dynamic tension created by two concepts that are at the heart of financial security programs: fairness and security.

Insights from Worldwide Health Care Systems—Central and South America
International Corner

Insights from Worldwide Health Care Systems—Central and South America

By Joe Allbright, Jonathan Callund, Andrea Cardoso, Jac Joubert, Walter Marsh, and Susan Mateja
Editor’s note: This is the fourth in a series of articles from the Health Practice International Committee on ideas from foreign models of health care that may assist the United States in finding cost-effective ways to deliver high-quality health care in an equitable and sustainable way.

A Quantum Leap in Benchmarking P&C Unpaid Claims
Tradecraft

A Quantum Leap in Benchmarking P&C Unpaid Claims

By Mark R. Shapland
There’s a paradigm shift underway in benchmarking unpaid claims. Nearly every far-reaching decision any insurance entity makes—from pricing to capital needs and risk management—hinges in some way on projections of unpaid claims.

AAA Credit Rating
Crossword

AAA Credit Rating

By Warren Manners
Editor’s Note: A previous puzzle, “Crossoku,” was published without some important structural information, confusing many puzzlers. A corrected version of this puzzle is available at contingencies.org/crossoku/.

Tax Reform
Cryptic Puzzle

Tax Reform

By Tom Toce
Most Americans are dealing with their taxes about now, so I thought we should have a tax-themed puzzle.

The Value and Limitations of History
End Paper

The Value and Limitations of History

By Sam Gutterman
After seeing Coco, an animated movie about Mexico’s Day of the Dead and about the importance of family ties stretching back generations, and reading Bob Reitz’s “End Paper” column on legacy and family history, some snippets about my past might shed some light on how I view the past, both professionally and personally.