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'An Actuarial Audit Would Have Prevented the Enron Disaster

By evaluating the financial implications of future contingent events, an actuary would have been able to spot the fatal weakness in Enron's doomed house of cards.
by Fred Kilbourne

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Falling Dominoes: The Impact of Credit-Triggered Risk

In the wake of Enron and WorldCom, property/casualty insurers must reassess their exposures to credit-triggered risk and how this risk is controlled.
by Tom Conway and Peter O. Davis

Perception vs. Reality: Life Insurance and Genetic Testing

Genetic science is, if anything, less understood than life insurance. As genetic tools enter everyday medical practice, incorrect perceptions need to be replaced by reality.
by Arnold A. Dicke


Period of Adjustment

Medicare begins a new program of risk adjustments to try to save the Medicare+Choice program. Will it work?
by Rebecca Owen

Actuarial Consulting Special Section

2002 Consulting for Success

INSIDE TRACK

LETTERS TO THE EDITOR

COMMENTARY
Changing the Rules in Mid-Game
by Julia Philips

POLICY BRIEFING
Anticipating the Worst,
The P/C Industry Responds
to Terrorist Threats
by Greg Vass

WORKSHOP
Future Mortality as a Function
of Discontinuous Change
by Dr. Peter Bishop

Tradecraft
International Accounting
Standards: Some Pain, Much Gain for Insurers
by Peter Duran, Mark Freedman, and Emma McWilliam

HUMOR
Working Barefoot
Tom Bakos

STATISTICAL MISCELLANY

PUZZLES

END PAPER
Who's Getting Fat? We Are!
By Sam Gutterman


American Academy of Actuaries