Description: Highlights of the 2012 initiatives and accomplishments of the Society of Actuaries.

Description: Update on issues, priorities and key messages from the Joint CAS / CIA / SOA Risk Management Section Council.

Description: Impact of low and negative interest rates on various aspects of insurer operations including product management, investment management and capital management.

Description: Why Actuaries Should Welcome Automation

Description: It summarizes the activities that took place on the “Day of reflection and evaluation of insurance in Argentina” held at the School of Economic Sciences at the University of Buenos Aires (FCE-UBA) on October 17th. The main objective of the Day was to present the progress achieved through the National Strategic Plan for the Insurance Industry (PlaNeS 2012-2020) launched in 2012. The audience included the Superintendent and Vice Superintendent of Insurance, Juan Bontempo and Santiago Fraschina, as well as the Dean of the FCE-UBA, Professor Alberto Barbieri, and authorities of all insurance chambers and industry trade bodies.

Description: Big data and machine learning have been making headlines across industries everywhere, how will it impact the world of actuarial science?

Description: The article talks about market consistent pricing, how risk neutral pricing and real world pricing are not fundamentally different if used appropriately. And using that knowledge, a rather new concept called the risk-adjusted real world pricing, which is a method where a mixture of risk neutral and real world pricing to achieve a holistic view on pricing, will be introduced.

Description: Innovative products and business processes often come from where you least expect them. This article explores the characteristics of disruptive innovations and provides a framework for identifying and creating disruption in an existing business.

Description: The PPACA imposed a market share-based health insurance provider fee, known as the "Section 9010 Fee", "Health Insurer Fee", or simply the "HIF", on each “covered entity” with net premiums written in excess of $25 million that is engaged in the business of providing health insurance coverage for U.S. health risks. This article provides background information to help unpack the language behind the Section 9010 Fee and highlights a few areas of special interest including merger and acquisition-related issues, application of the Section 9010 fee to expatriate plans, and considerations regarding fee administration.

Description: The winner's curse, applied to Affordable Care Act plan pricing.