Description: Based on a late 19th century analysis, life insurance premiums were once differentiated by race, with Blacks/African Americans experiencing higher rates than for whites. Over time, the actuarial profession has had increasing focus on professionalism and responsibility to the public, and today all members of the five actuarial organizations based in the U.S. are subject to the Code of Professional Conduct. Come engage in interactive discussion about how Precept 1 might help current actuaries avoid bias in our work, including when thinking about risk classifications and dealing with new technologies. By attending the session, you will be able to: Understand the importance of Precept 1 in our self-governing profession. Think about prevailing conventional wisdom and potential bias in your current work. In this webcast, dive into the past history of life insurance premiums and the growth of the actuarial profession due to an increasing focus on professionalism and responsibility to the public. Premiums were once differentiated upon by race, the Black/African American population experiencing higher rates. Due to the Code of Professional Conduct, all members of the five actuarial organizations based in the U.S. are now subject to this rule. This interactive discussion is meant to engage the audience in an overview of Precept 1, which might help actuaries avoid bias in their work. This includes risk classifications and dealing with new technologies. If you were able to make it to the 2022 SOA ImpACT Conference, this is a repeat of Session 2F.

Description: 2021 Life Meeting - Session 8F: Smaller Insurance Company Chief Actuary and Appointed Actuary Forum 9.1.21 Recording

Description: In discussing the contemporary reactions to this regulation, as well as how EU-based insurance firms adapted to the shift, this segment will invite us to question our assumptions on the role of gender-based pricing in the future of the industry. In the latter half of the presentation, we will delve into the challenges faced by LGBTQ+ individuals when accessing life, health, and auto insurance.

Description: Doing Illustration Actuary Testing over the Life of a Policy

Description: To explore the main drivers of the growing force of Chinese Life Insurance Industry.

Description: Guy Thomas develops the theory of “loss coverage,” which is a measure of the extent to which potentially insurable losses are actually compensated by insurance. His main points of difference are: a) Adverse selection in insurance is usually weaker that most commentaries suggest … b) From a public, policy perspective, ‘weak’ adverse selection in insurance is a good thing. … c)… some restrictions on risk classification are a good thing in some insurance markets

Description: Dive into the challenges of practitioners working across components that make up the Risk Management infrastructure with a variety of health, life and P&C insurers in this panel discussion webcast. Panelists will highlight how these insurers operate with the data and tools available to them and the existing challenges in interactions with an organization's leadership. Be part of this webcast that delves into the interplay between first- and second-line defense and how high levels of independence and professionalism can be achieved in a fast-moving, multi-discipline cross functional ERM role.

Description: Read the Quo Vadis Reinsurance.