American Academy of Actuaries: Contingencies Magazine March/April 2003

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Now you can search for articles in back issues of Contingencies from July/August 2000 to the present. Simply type in subject words, author's name, or article title in the box at right and click Search.

About Gardiner: 73 Years an Actuary

Born the year before Ford's first Model T came off the assembly line, Jim Gardiner's actuarial career has spanned most of the 20th century and spilled over into the 21st. Guess he's just not the retiring type.
by Linda Mallon

Breaking into the
Black-Scholes Black
Box: Actuaries and
Executive Option
Evaluation

New proposed accounting rules will mean that executives can no longer be so secretive about their stock options packages. Actuaries will be able to play a major role in making them more transparent.
by Paul Carrett and Keith Martland

See the IASB exposure draft on share-based payment
Learn about the 1997 Nobel Prize in Economics won by Merton and Scholes
Read an Institute of Actuaries of Australia paper, by Paul Carrett and Bernard Wong, on executive option valuation

The River Is Mine

It's not everyday an actuary writes a novel. Especially one in which adventures involve the exploration of the American West rather than numbers. Here's an excerpt.
by Ardian Gill

Dodging the Potholes on the Asset Liability Forecasting Highway

With asset liability studies on the rise, more and more new drivers are jumping into the asset liability forecasting car and starting down the road. But watch out for potential potholes. There's more to consider than just smoothed contribution and expense.
by Mark Ruloff