Description: This report discusses the use of a basic table of net annual claim costs for hospital and surgical expense insurance as adopted by the NAIC in 1956 to be used as a minimum reserve standard for loss-of-time benefits. It is the intention of this paper to outline the characteristics of the table, to discuss the factors which influence reserve considerations, and to describe suitable methods of determining active and disabled life reserves for the types of benefit provisions now most generally offered. From Transactions of Society of Actuaries 1965, Vol. 17, Pt. 1, No. 49.

Description: This SOA report provides an overview and analysis of the mortality models, theories and trends contained in the papers presented at the past four international Living to 100 symposia.

Description: Brief introduction of the Committee's 1979 report on Group Weekly Indemnity Insurance and Group Long-Term Disability Insurance. From Transactions of Society of Actuaries 1979 Reports

Description: This paper gives the new Railroad Retirement Board standards, called the '1962 RRB Mortality Table for Women' and the '1962 RRB Remarriage Table' and describes their construction.

Description: This report discusses management decision making practices and the need for actuaries to build the appropriate level of variability for management actions in stochastic models to achieve a more realistic range of future experience among the stochastic scenarios.

Description: Because of the growing significance of Enterprise Risk Management, it is critical to consider how ERM responds and relates to circumstances and conditions. In particular, one megatrend currently impacting our world and our understanding of the economy is the emergence of a behavioral economics perspective. This paper describes the nature of behavioral economics, and considers the potential impact of such a perspective on ERM. From Actuarial Research Clearing House, 2012, Vol. 1.

Description: Brief introduction of the Committee's 1972 report on Group Weekly Indemnity Insurance and Group Long-Term Disability Insurance. From Transactions of Society of Actuaries 1972 Reports

Description: Summary of the Committee's report consisting of three sections: Group Weekly Indemnity Insurance, Group Long-Term Disability Insurance, Exposure and Claim Study - Sample of Group Hospital and Surgical Expense Insurance.

Description: This is a report that provides an analysis using data submitted by participating companies evaluating the impact of valuation mortality tables proposed for use in the life insurance industry. This study was designed to help “field test” the proposed tables on calculations for ordinary life insurance statutory reserves under VM-20 and tax reserves, nonforfeiture values, and IRC 7702/7702A.

Description: Ceding companies must react appropriately to changes in the substandard reinsurance market to avoid losses. By using the substandard/insurance pricing algorithms presented in this paper, ceding companies may develop an effective placement method and thereby avoid potential future losses. From the Actuarial Research Clearing House 1994 Vol. 2 .