A core tenet of modern finance (and of modern financial regulation) is the need, in many circumstances, to mark positions to market, i.e. to
Investment Guarantees: Modeling and Risk Management for Equity-Linked Life Insurance
Financial markets and insurance markets are converging. New forms of investment guarantees are the result, and these guarantees require all financial
Life, Death and Money: Actuaries and the Development of Social and Financial Markets
Actuaries are experts in assessing risk, so it is not surprising that over the past few years they have become involved in many new areas of