Description: A Discussion of why female mortality is higher than male mortality at higher ages.

Description: The primary purposes of the study are the following: 1. Compare recent industry experience for individual life waiver of premium (ILWOP) insurance products to the claim incidence and claim termination rates from the 1952 SOA Disability Table; 2. Analyze actual-to-expected (A/E) claim incidence and claim termination ratios across key segments such as gender, attained age, etc.; 3. Develop an illustrative experience basis for calculating policy and claim reserves based on the results from the A/E studies; and 4. Compare reserves calculated using experience assumptions to the reserves calculated using the 1952 SOA Disability Table for an illustrative cohort of ILWOP business.

Description: While most actuaries work for companies and have as a primary objective the financial success of their employers, regulatory actuaries primarily serve the public interest. In part one of this presentation, we will explore the role of actuaries whose priority is to serve the public interest. Regulation is developed by a deliberative process that includes regulators, the American Academy of Actuaries, trade associations and the companies that will be affected by the regulation. In part two of this session, we will present a series of vignettes each focusing on recent updates to the Valuation Manual. At the conclusion of the session, attendees will have a deeper appreciation of what goes on behind the scenes in the development of regulation.

Description: This presentation is a panel discussion, session 32PD, from the 2004 Spring Meeting of the Society of Actuaries, held May 19-21 in Anaheim, CA. The concept of data warehousing means different things to different people. For actuaries, the primary focus is on improved access to timely information and applications that enable them to work more efficiently and produce better results. The panelists discuss the business side of data warehouses, noting that the real value in a data warehouse, or in an analytic platform, is whether you can actually use the data after you get it out, and discuss experiences in building data warehouses for actuaries in life and health companies. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 1.

Description: The article described recent major advances in measurement of health programs and providers in the public and private sector.

Description: An interview with Dawn Helwig on developments in the Long Term Care market.

Description: In this article, the authors describe the flaws in our current determination of the Consumer Price Index CPI and other economic indicators, and propose a series of refinements for improving the CPI calculations. The article emphasizes the importance of accuracy, given the significant influence on business and investment policies, psychological effect on the marketplace, as well as on consumer confidence, and the direct impact on Social Security increases and other benefit plans.

Description: This discussion focuses on the changing pattern of life insurance investing into public utilities, railroads, real estate, mortgages, corporate bonds and common and preferred stocks. This session also looks at the importance of the investment department, the impact on policyholder earnings, direct placement investing and a history of stock market performance since 1918. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: Candidate information page for Sara Teppema

Description: This presentation is a panel discussion, session 54PD, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. This session covers the impact of segmentation and underwriting on expected mortality and morbidity. Panelists discuss the importance of data mining and customer selection on ultimate experience, setting up direct marketing applications with the right type of questions to maximize responses but limit risk, the use of prescription drugs and other databases, and industry practices for obtaining customer information. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 2.