Description: From the Editor: This issue of Long-Term Care News attempts to address how LTC insurers manage investment risk and morbidity misestimation risks.

Description: Panel session on the challenge that many insurers face as they try to grow their long-term-care insurance business, while simultaneously ensuring analysts and shareholders that earnings targets will be met.

Description: This article provides an overview of the financial results of managed care plans over time using a collection of the NAIC financial statements.

Description: Discussion of what is included within the scope of Enterprise Risk Management and why it is of significance to the jobs of financial reporting actuaries

Description: Panel dicussion on the need for information to keep a block of long-term care insurance profitable: what the business risks are, what is being done to mitigate them, what kind of reports are needed, and how these differ from reporting on other types of health insurance.

Description: In this paper, we introduce a political risk variable, d, to measure risk of foreign direct investment FDI. The political risk variable has opposite effects of loss reduction and loss prevention in Ehrlich and Becker 1972. The unique characteristics of political risk insurance make the applications of actuarially-based pricing models infeasible. In this study, by taking into account the effects of self-protection and self-insurance through the variable d and by maximizing utility function, we find the equilibrium for insured and insurer in a competitive market and in a monopoly one. In addition, under the equilibrium status, the boundary for the amount of investment, the insurance coverage, and the minimum required rate of return on the FDI are derived.

Description: This article presents the background around the Post Retirement Needs and Risk call for essays focused on: (1) defined contribution plan risk management strategies; (2) decumulation strategies for retirement and (3) long-term care financing. The important essays from that exercise are presented in this Pension Section News publication along with interviews of the winning authors.

Description: Investment Fallacies: The Best Model Doesn't Win

Description: This article deals with enterprise risk management and how the techniques contained within the discipline can help prevent unforeseen large mistakes in strategy, product design, and product management

Description: This article highlights features of the SOA's Regulatory Web Resource. The intent is to encourage greater use of the Resource among section members.