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

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  • Challenges of Runoff LTC and Outsourcing to Mitigate Risk
    Challenges of Runoff LTC and Outsourcing to Mitigate Risk Runoff LTC blocks present a wide ... long-term care insurance;long-term care;Business Risk;Valuation, Modeling, and Financial Reporting 6442485493 ...

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    • Authors: Jeffrey Anderson, Van Beach
    • Date: Dec 2018
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Long-Term Care News
    • Topics: Long-term Care>Long-term care insurance
  • Moving Beyond Retrospective Testing for LTCI Reserves
    them to the sum of paid claims following the valuation date and the estimated remaining reserve. But ... hypothetical valuation assumptions as shown in Table 1 for a cohort of 1,000 claimants. The table shows expected ...

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    • Authors: Allen J Schmitz, Daniel A Nitz
    • Date: Dec 2007
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Long-Term Care News
    • Topics: Financial Reporting & Accounting; Long-term Care
  • Claim Reserve Model – How Actuaries Rely Upon the Claim Data They Receive
    tables to claims that are known to be open at the valuation date. A relatively simple, fictitious, non- LTC ... identify the expected remaining payout as of the valuation date. This should work if the continuance tables ...

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    • Authors: Bruce Stahl
    • Date: Sep 2008
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Long-Term Care News
    • Topics: Actuarial Profession>Best practices; Experience Studies & Data>Long-term care - Experience Studies & Data; Long-term Care>Long-term care insurance; Modeling & Statistical Methods