Contingencies, July/August 2020
In the July/August issue of Contingencies, the cover story, “Actuaries, Decision-Making, and COVID-19,” explores uncertainty—and opines that actuaries are uniquely qualified to lend perspective during this crisis. Other features include “Then and Now,” a look back at the 1918 Spanish flu pandemic and how it can tell us a lot about how COVID-19 might play out; and “On Economics: First Principles,” which offers foundational principles of economics: what economics is, what it is not, and why actuaries should care. Also, a President’s Message from Academy President D. Joeff Williams delves deeper into uncertainty; communicating the unknown in “Up to Code”; and a Tradecraft piece developing a conservation strategy for life insurance to combat the effects of COVID-19.