March/April 2022

In Dogged Pursuit
Inside Track

In Dogged Pursuit

By Eric P. Harding
I live in the suburbs. More specifically, I live on what’s colorfully called a “double-headed cul-de-sac,” and we happen to have a corner lot. (Imagine a normal cul-de-sac with an offshoot branch jutting off to the left; we occupy one of the two houses at the small intersection.)

Risk to the Actuary
Up To Code

Risk to the Actuary

By Richard Kutikoff
Actuaries love to measure risk. Risk is directly involved in our calculations: Mortality/longevity risk. Morbidity risk. Turnover risk. Investment return risk. Asset/liability mismatch risk. Risk of underprovision for expenses. Risk of bad data. Risk that our models are incorrect.

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