Short Form Professional Development Videos - Health Valuation and Stakeholder Views Recording

The Video featuring Wendy Kwan, discusses the role of valuation actuaries in the insurance industry, emphasizing the importance of understanding different financial reporting standards. It highlights the distinction between short-duration and long-duration contracts, the significance of interest rate assumptions, and the necessity of active life reserves for long-duration contracts. The document also covers various types of reserves, including premium deficiency reserves, and the importance of considering the perspectives of different stakeholders, such as regulators, insurers, plan sponsors, and insured policyholders. Additionally, it stresses the importance of actuarial judgment, ongoing monitoring, and regular communication with other areas of the company. 
Contributors: Wendy Kwan, FSA, MAAA; James Lescoe FSA, MAAA; Doug Norris, FSA, MAAA, PhD; Jon Forster, ASA, MAAA