Description: Remarks on long term care insurance for business owners and executives, including its role in financial planning and asset protection, the growth in likelihood that the coverage will be utilized, and tax incentives for employers.

Description: This paper sets the task of pricing insurance products in the larger framework of company planning and management. A generalized description of the pricing function, applicable to any insurance company project.

Description: Given a financial transaction we are often interested in the number of internal rates of return [yield rates] and their location. From an actuarial point of view, the fundamental question is to identify those transactions with a single yield rate, or a single rate in some interval such as the positive reals. In this paper we are concerned with this counting problem. We survey various results concerning this problem, and provide a unifying approach together with some new insights.

Description: Brief discussion of three Kestenbaum/Ferguson, Yue, and Robine/Cheng/Paccaud earlier presented papers on elderly longevity. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: Summary of a panel discussion on the implications of an aging society. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: This paper examines the potential impact of increasing negative commentary by social media users in multiple forums, which can erode the “reputation capital” of a utility. It also offers an approach for successfully addressing that risk and integrating social media risk management practices into existing utility enterprise risk management (ERM) programs.

Description: Comments from David Wescoe on session 5 of the Public Pension Finance Symposium.

Description: Session 5b discussant comments

Description: Risk management and capital budgeting are two critical components of the corporate decision process. They often need to be considered jointly at the corporate level because of their natural interaction through the dependent risk exposures and other synergetic relationships within an intricate corporate structure in a dynamic business environment. . This paper develops an integrated framework that aligns these two important corporate strategies across business divisions to optimize the streamlined enterprise strategic goal in a multi-period setting. The proposed integrated framework can serve as a practical guideline for corporate executives to optimally coordinate capital budgeting and risk management at the enterprise level.

Description: A collection of brief and generally unrelated provisions that are commonly found in a reinsurance agreement. Part of a series of monographs published under the heading of Life Treaty Provisions.