◀ The Principal Blog

Posts tagged ‘mortality tables’

Mortality Meets Volatility

“In this world nothing can be said to be certain, except death and taxes.” America’s first blogger, Benjamin Franklin first made this observation two and a quarter centuries ago, and it has held true these many years. With the latest developments regarding mortality assumptions, however, Dr.…

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Outrunning the Liability Bear

There’s an old joke, most famously told by Ronald Reagan, featuring two men who are surprised by a grizzly bear in the woods. As the bear snarls and prepares to charge, the first man calmly pulls a pair of running shoes from his backpack and begins lacing them up. The second man scoffs, “What…

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