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A Shock to the System

The cost of health care and health insurance continues to rise. A traditional system of health insurance risk classification that discourages healthy lifestyles and preventive treatment doesn’t help.
by Howard J. Bolnick

Actuary on Board

A disinterested actuary on the board of an insurance company can go a long way toward improving the quality of its governance.
by Vince Amoroso and Dale Schuh

A treasury of Vanderhoof
For the first time, Irwin Vanderhoof's columns for
Contingencies have been collected in one volume. Use our online form to get "Through an Actuarial Looking Glass" for just $16.

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Takaful: The Islamic Way of Insurance

For a long time, the idea of insurance was antithetical to the teachings of Islam. Then, about 30 years ago, someone figured out a way to make it work.
by Zainal Abidin Mohd. Kassim

INSIDE TRACK
Bite the Bullet
by Steve Sullivan

LETTERS

COMMENTARY
How Can Stocks Help Social Security?
by Thornton Parker

POLICY BRIEFING
Changes Abroad, Challenges at Home
by Ethan Sonnichsen

WORKSHOP
Efficient Stochastic Modeling: Scenario Sampling Enhanced by Parametric Model Outcome Fitting
by Yvonne C. Chueh
Online exclusive: a more detailed version of this article
(zipped file)

HUMOR
The Binary World
by Tom Bakos

TRADECRAFT
A Brave New World: Risk Measurement and
Capital Management in the Insurance Industry
by Frank Sabatini and Thomas Conway

PUZZLES
A Little Excitement at the Pharmacy
by Yan Fridman

ENDPAPER
Blame It on the Soup
by Richard T. Zatorski


American Academy of Actuaries