Departments
INSIDE TRACK .............................. 6
Keeping It Fair
Linda Mallon
PRESIDENT’S MESSAGE ....................... 8
The System Works
Mary Frances Miller
COMMENTARY............................. 10
The Macroeconomics of Demographic Change
James A. Kenney
UP TO CODE ................................ 14
Are You an Expert?
Paul R. Fleischacker
SPECIAL SECTION .......................... 50
SOA Annual Meeting and Exhibit
WORKSHOP .............................. 62
Liquidity and Capital Management
George Christopher
TRADECRAFT ............................. 68
Japanese Casualty Insurers Show Resilience
Sean McAllister and Elizabeth Cohen
AFTER HOURS ............................. 74
Mystery, Murder, and Scandal
An Interview With Victoria Grossack and
Alice Underwood
BOOKLINKS .............................. 77
Fatal Risk: A Cautionary Tale of
AIG's Corporate Suicide
Review by James Lynch
CRYPTIC PUZZLE . . . . . . . . . . . . . . . . . . . . . . . . . . . 80
Strange-looking Concoctions
Tom Toce
PUZZLES.................................. 82
New Math
Mark Danburg-Wyld
END PAPER................................ 84
The Envelope, Please
Robert J. Rietz
4
VOL 23 | NO 5
Published by
PRESIDENT
Mary Frances Miller
EXECUTIVE DIRECTOR
Mary Downs
COMMUNICATIONS DIRECTOR
Mark Cohen
EDITOR AND ASSISTANT DIRECTOR FOR PUBLICATIONS
Linda Mallon
PUBLICATIONS & MARKETING PRODUCTION MANAGER
Cindy Johns
ADVERTISING
Mohanna Sales Representatives
(972) 596-8777
DEPARTMENT EDITORS
Thomas L. Bakos
Sam Gutterman
Robert J. Rietz
Mark Danburg-Wyld
PUBLICATION DESIGN & PRODUCTION
Bono Tom Studio Inc.
www.bonotom.com
EDITORIAL ADVISORY BOARD
Julia T. Philips, Chair
Dwight K. Bartlett III
Robert L. Brown
Frederick W. Kilbourne
Barbara J. Lautzenheiser
INTERNET ADDRESS
www.contingencies.org
