Description: Many of the innovations and methods required to improve retirement security exist, but have not been pulled together into an integrated solution at scale.

Description: The Bermuda International Life and Annuity Conference highlights Bermuda’s enhanced capital and solvency framework, and growing long-term (re)insurance sector.

Description: Nonprofit ideas shares lessons from the field about how a better understanding of underserved consumers can lead to better product design.

Description: Numerous behavioral finance theories have emerged in recent years, many of which apply to insurance. The presenters look at key theories and their use in explaining, predicting and inducing behavior from the perspective of the health insurance customer journey.

Description: Demographic changes around the world may present actuaries with an opportunity to tackle product development, risk management and asset allocation challenges involving financial and investment variables.

Description: Book review and analysis of why Insurance is Sold, not Bought!

Description: Transcript of a round table discussion on Housing in Retirement.

Description: An introduction to the field of Complexity Science. The report includes an overview of the field’s key results, detailed instructions for building Complexity Science models, examples of working models, review of practical models applicable to the work of actuaries, a literature review, and a discussion on how actuaries can apply Complexity Science in their work.

Description: Long-term guarantees place unanticipated burdens on companies because of the degree to which the environment can change. These risks are compounded when combined with estimation of policyholder behavior, especially when solid experience data is not available. When risks are properly reflected, long-term guarantees do not always provide value to the customer in excess of the manufacturing cost. The product development actuary is challenged to compare customer value to company cost and use that measurement to identify novel ways to design products to better serve customers.

Description: If has been noted that the turnover of many investment funds has been quite high in recent years relative to history and very high in absolute terms. There have been fundamental changes in the marketplace that have caused the high turnover. Investment horizons have been shortened. This article discusses the changes.