Actuaries: Let Conscience Guide You
Having worked for 14 years pursuing a career that doesnt typically get a lot of media attention, I was surprised to see the enormous response to an article about actuaries that we posted on our Web site in November. For reasons I cant explain, the article, "S&P Blasts Actuaries," was the second most popular article on our online news service in a six-month period.
I was not surprised at all, however, by the fact that Standard & Poors published the report that was the subject of the articlea report that essentially questioned the credibility of actuarial loss reserve opinions in light of massive reserve shortfalls.
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