Description: discussion of risk management and proper pricing of life insurance products.

Description: This article explains why stochastic modeling is becoming more pervasive, and describes a specific stochastic application with metrics to measure results.

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: The sentinel effect in the underwriting process refers to the tendency for unhealthy individuals to apply for insurance coverage where testing is not performed. The article reports on evidence of the effect with respect to cocaine and tobacco use and HIV positive prevalence

Description: Discussion of possible hedging strategies for offsetting the investment risk for variable annuities, especially those with guaranteed benefits.

Description: A discussion of risk-relevant resources available at the Society of Actuaries Risk Management Task Force Web site

Description: A discussion of the value a reinsurer can provide beyond assistance through coinsurance with XXX compliance. There are recent signs that the use of coinsurance and the inherent shift of the burden of the reserves to the reinsurers are putting stress on the reinsurers’ capacity limitations. Reinsurers are able to shoulder only so much of the burden of the reserve strain caused by Regulation XXX. What reinsurers do best, and know best, though, is mortality risk. If your company is seeing signs from your reinsurers that this is the case, this article will present some thoughts to consider as to why sales of level term products may still be acceptable, even without the support of coinsurance programs.

Description: Constant Proportion Portfolio Insurance (CPPI) performance is assessed on realistic assumptions and dynamic strategies to mitigate the so-called ”gap risk”.

Description: A discussion of the theory underlying risk neutral investment scenarios

Description: This article gives an overview of the types of chronic illness acceleration riders that are now becoming prevalent in the US life insurance marketplace. The article discusses features that risk control measures that one may wish to consider when designing such an accleration rider.