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Antifragile Product Design
is to be good enough on average. This year, mortality may be 1 percent higher than expected, resulting ... resulting in X million in losses. Next year, mortality may be 2 percent lower than expected, resulting in ...- Authors: Wendy Yu
- Date: Feb 2013
- Competency: Strategic Insight and Integration>Big picture view
- Publication Name: Product Matters!
- Topics: Annuities>Pricing - Annuities; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>Statutory accounting
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Disruptive Innovation: Look out Below
insurance industry assumptions from attendees. Most table groups independently listed “life insurance is ... risk” • “Insurance is a commodity product” • “Mortality will always improve ” CONTINUED ON PAGE 24 ...- Authors: Timothy Rozar
- Date: Feb 2014
- Competency: External Forces & Industry Knowledge>External forces and business performance; Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Strategy development
- Publication Name: Product Matters!
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Hidden Costs of Product Complexity
the biggest single expense category for life and annuity writers. It may be surprising then that people ... company wishes to introduce a multi- bucket variable annuity product but lacks the necessary modeling expertise ...- Authors: Vincent Granieri
- Date: Nov 2003
- Competency: Strategic Insight and Integration>Big picture view
- Publication Name: Product Matters!
- Topics: Enterprise Risk Management>Operational risks; Enterprise Risk Management>Strategic risks