Announcement: SOA congratulates the new ASAs and CERAs for May 2024.

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  • Managing Long-Term Care Risk: Do I Have The Reports I Need?
    are problems in the mix of business. From the valuation system, GAAP net premiums are likely available ... lapse rates are between group and individual underwriting classes. Table 1 Lapse Experience ...

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    • Authors: Peggy Hauser, Vincent Bodnar, Ronald Lucas
    • Date: Oct 2001
    • Competency: External Forces & Industry Knowledge>External forces and business performance; Strategic Insight and Integration>Effective decision-making; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Record of the Society of Actuaries
    • Topics: Enterprise Risk Management>Operational risks; Experience Studies & Data>Morbidity; Finance & Investments>Risk measurement - Finance & Investments; Long-term Care>Long-term care insurance; Technology & Applications>Data warehousing
  • Principle-Based Reserves and LTC Insurance Innovation
    ence analysis, asset adequacy testing, GAAP valuation and pricing. 4. Utilizes company experience ... morbidity table. Currently, LTC insurance does not have a standardized morbidity table. Such a table may ...

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    • Authors: Allen J Schmitz
    • Date: May 2009
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Leadership>Professional network leverage; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Long-Term Care News
    • Topics: Enterprise Risk Management>Capital management - ERM; Finance & Investments>Risk measurement - Finance & Investments; Financial Reporting & Accounting>Statutory accounting; Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Stochastic models