Description: This research report on the effect of deflation or high inflation has six sections: 1. The first section provides background on inflation, describes some problems in measuring inflation, and explains some of its effects on an economy. 2. The second section reviews historical inflation rates. 3. The third section examines the effect of inflation or deflation on the property-liability and life insurance industries. 4. The fourth section proposes risk mitigation strategies for insurers to cope with either deflation or high inflation rates. 5. The fifth section describes a publicly available model that can be used to develop inflation/deflation projections under a regime switching format that can readily be adjusted to reflect current financial uncertainty. 6. The sixth section provides conclusions.

Description: This session from the 1983 SOA Atlanta Meeting covers the current developments on the Unisex rating issue including judicial, statutory, political, regulatory and the future outlook. It also looks at the blending approaches to represent unisex factors and the impact of the Norris decision on TIAA-CREF.

Description: February/March 2009 Volume 6 Issue 1 Bi-Monthly membership benefit magazine

Description: Contest winning story from the SOA 2021 Speculative Fiction contest.

Description: Longevity risk—the risk of outliving one’s retirement savings—is probably the greatest risk facing current and future retirees in the United States. As life expectancy increases, government programs, private pensions and various financial products will all be needed to provide retirement income over ever-longer periods of retirement. This article focuses on the optimal mix of social insurance, pensions and financial products that should be used to provide retirement income to the oldest old, here defined as those 90 and older. To be sure, Social Security and Supplemental Security Income (SSI) are already designed to provide modest, inflation-adjusted retirement benefits to all retirees. On the other hand, pensions and other forms of retirement savings are often dissipated long before people reach the esteemed status of oldest old. One approach for enhancing the retirement incomes of the oldest old would be to expand Social Se curity and SSI. Another approach would be to strengthen the protections provided by pensions and other forms of retirement savings. In particular, the private sector could be encouraged to sell more annuities and other lifetime income products, and, perhaps, the government should also get into the business of selling annuities. These are the kinds of solutions needed to ensure the oldest old face their final years with adequate economic resources.

Description: Society of Actuaries Research Finds That Americans Making Significant Trade-Offs Among Those Saving for Both Retirement and College

Description: The third article in the Living to 100 Symposium series discusses the challenges in getting people to effectively manage their finances for a successful retirement.

Description: Fifth edition on the current state and future opportunity of the retirement market and how perceptions and concerns about retirement differ by province in China.

Description: This article discusses the potential impact that low interest rates can have on the Life Insurance industry, even if they occur for a short period of time.

Description: Analysis tool associated with the research report that models the impact on the U.S. insurance market resulting from a post-Brexit economy in the UK. keywords: European Union;Brexit;Insurance industry