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Is Long-Term Care Social Insurance Affordable in Developed Countries?
disability rates and de- institutionalization: a dynamic that assumes positive trends and constant trends ... Care Share of GDP Country Dynamic Projection 2000 Dynamic Projection 2020 Constant Trends ...- Authors: Application Administrator
- Date: Jan 2011
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Global Perspectives; Long-term Care>Public financing - Long-term Care
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Effect of Macroeconomic Variables on Health Care Loan/ Lease Portfolio Delinquency Rate
Effect of Macroeconomic Variables on Health Care Loan/ Lease Portfolio Delinquency Rate Delinquency ... of a credit (loan) portfolio are linked to a dynamic global macroeconometric model, allowing macro-effects ...- Date: Jan 2011
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Economics>Health economics; Economics>Macroeconomics; Enterprise Risk Management>Portfolio management - ERM
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An Enterprise Risk Management Curriculum for BusinesUnderstandings Studies: A Practical Understanding
holistic approach to managing the risks of a modern dynamic business enterprise irrespective of their nature ... The curriculum should place emphasis on the dynamic nature of risk, including its correlations and ...- Authors: MADHUSUDAN ACHARYYA
- Date: Jan 2011
- Competency: Professional Values>Practice expertise; Strategic Insight and Integration>Big picture view
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Professional development
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Patterns of Aging-Related Changes on the Way to 100: An Approach to Studying Aging, Mortality and Longevity From Longitudinal Data
symposium, January 2011. This paper investigates dynamic properties of age trajectories of physiological ... during about 50 subsequent years of follow up. Dynamic simulation models;Health factors;Mortality modeling; ...- Authors: Anatoliy I Yashin, Konstantin G Arbeev, Svetlana V Ukraintseva, Igor Akushevich, Alexander Kulminski
- Date: Jan 2011
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Demography>Longevity; Health & Disability>Health risks
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Actuarial and Financial Valuations of Guaranteed Annuity Options
of conceptual and practical issues involved in dynamic hedging of the interest rate risk. Wilkie et ... Hardy (1998), in which modern option pricing and dynamic hedging techniques are used. 5.1 Option pricing ...- Authors: SHANGXUE GAO, RUOWEI ZHOU
- Date: Nov 2010
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Topics: Finance & Investments>Investment strategy - Finance & Investments; Pensions & Retirement>Plan design
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The Optimal Strategy and Capital Threshold of Multi-period Proportional Reinsurance
portional reinsurance strategy and prove that the dynamic programming approach can be used to solve minimal ... Bellman equation in dynamic programming. In other words, one can use the dynamic programming approach ...- Authors: Ken Seng Tan, Zhongfei Li, Jianfa Cong
- Date: Nov 2010
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Strategy development
- Topics: Finance & Investments>Capital management - Finance & Investments; Finance & Investments>Risk measurement - Finance & Investments
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Approximating the Effects of Parameter Uncertainty on Value at Risk Estimates
business lines. References Richard Ernest Bellman. Dynamic Programming. 1957, Princeton University Press. ... bis.org. R. Carvalho, H. Mignon, and M. Paez. Dynamic bayesian models as an 18 alternative to the ...- Authors: Jacques Rioux, Steven Major, Donald Erdman
- Date: Nov 2010
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Topics: Finance & Investments>Risk measurement - Finance & Investments; Finance & Investments>Value at risk - Finance & Investments
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Analyzing Investment Data Using Conditional Probabilities: The Implications for Investment Forecasts, Stock Option Pricing, Risk Premia, and CAPM Beta Calculations
Analyzing Investment Data Using Conditional Probabilities: The Implications for Investment Forecasts, ... stock option pricing model which reflects the dynamic interaction of two different investment return ...- Authors: Richard Joss
- Date: Nov 2010
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Topics: Finance & Investments>Investment strategy - Finance & Investments; Finance & Investments>Risk measurement - Finance & Investments
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CompAct – Issue No. 37 – October 2010
CompAct – Issue No. 37 – October 2010 October 2010 issue of the Technology Section newsletter, ... adds new functionality that allows us to create dynamic aggregations. This makes DAX formulas smart about ...- Authors: Society of Actuaries
- Date: Oct 2010
- Publication Name: CompAct
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CompAct Electronic Newsletter, July 2010, Issue 36
CompAct Electronic Newsletter, July 2010, Issue 36 July 2010 issue of the Technology Section ... hall from you. At no time in history has such a dynamic, immediate and real-time resource been available ...- Authors: Society of Actuaries
- Date: Jul 2010
- Publication Name: CompAct
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Revisiting Pension Actuarial Science: A Five-Part Series
Revisiting Pension Actuarial Science: A Five-Part Series The current financial model put forth ... financial instruments’ static contract terms) is the dynamic nature of the pension payoff promises as they ...- Authors: James Rizzo, Krzysztof Ostaszewski, Piotr Krekora
- Date: Jun 2010
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management
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Public Plans: Using Risk Profiles to Manage Funding Goals
Public Plans: Using Risk Profiles to Manage Funding Goals Paper presents two alternative practices ... bullet to ease all concerns. The risk profile is dynamic and demands constant attention. Plans need ...- Authors: Karen I Steffen, Scott Porter, Joshua Davis
- Date: Jun 2010
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Pensions & Retirement>Public sector plans
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2009 Public Pension Finance Symposium
2009 Public Pension Finance Symposium Download the papers from the 2009 Public Pension Finance Symposium. ... bullet to ease all concerns. The risk profile is dynamic and demands constant attention. Plans ...- Authors: Society of Actuaries
- Date: Jun 2010
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Communicating Risk in Public Pension Plans
Communicating Risk in Public Pension Plans The article presents a number of approaches ... risk with employer and retirement board members. Dynamic simulation models;Predictive modeling;Risk measurement; ...- Authors: Robert McCrory
- Date: Jun 2010
- Competency: Communication>Difficult message delivery; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Topics: Pensions & Retirement>Public sector plans
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How Much Investment Risk Can a Government-Sponsored Pension Plan Afford?
How Much Investment Risk Can a Government-Sponsored Pension Plan Afford? Paper that ... amortizing of investment losses. To illustrate this dynamic, we modeled two different tax structures with different ...- Authors: William R Hallmark, David Kelly
- Date: Jun 2010
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Pensions & Retirement>Public sector plans
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Revisiting Pension Actuarial Science: A Five-Part Series – Part 1, Fair Value of the Liability – The Contractual Benefit Obligation
Revisiting Pension Actuarial Science: A Five-Part Series – Part 1, Fair Value of the Liability ... financial instruments’ static contract terms) is the dynamic nature of the pension payoff promises as they ...- Authors: James Rizzo, Krzysztof Ostaszewski, Piotr Krekora
- Date: Jun 2010
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Annuities; Pensions & Retirement>Assumptions and methods; Pensions & Retirement>Public sector plans; Pensions & Retirement>Risk management
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Actuary of the Future, May 2010
ranging from modeling hedge effectiveness of dynamic hedging strategies to helping assemble market- ... | FROM PAGE 13 in with that goal. This is a dynamic strategy—it is impor- tant to be brutally honest ...- Authors: Society of Actuaries
- Date: May 2010
- Publication Name: Actuary of the Future
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CompAct Electronic Newsletter, April 2010, Issue 35
CompAct Electronic Newsletter, April 2010, Issue 35 The full electronic newsletter of the ... Nicholas Lewin-Koh maintains the Graphic Displays & Dynamic Graphics & Graphic Devices & Visualization CRAN ...- Authors: Society of Actuaries
- Date: Apr 2010
- Publication Name: CompAct
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Visions for the Future of the Life Insurance Sector– e-book of essays including introduction
traditional approach is not suitable to today’s highly dynamic and rapidly changing global lifestyle since it ... very begin- ning of 2020) is simple, systematic, dynamic, more scien- tific and global. It is nothing but ...- Authors: Society of Actuaries
- Date: Nov 2009
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Topics: Life Insurance>Marketing and distribution - Life Insurance
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Niche Life Insurance: One Answer for Being Successful in 2020
Niche Life Insurance: One Answer for Being Successful in 2020 Response to Life Insurance 2020 ... interrelationships between these elements are dynamic rather than stable. Foresight means having vision ...- Authors: Jay Jaffe
- Date: Nov 2009
- Competency: External Forces & Industry Knowledge>External forces and business performance; Strategic Insight and Integration>Strategy development
- Topics: Life Insurance>Marketing and distribution - Life Insurance
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Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo
Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo Discussant comments for the 2009 ... monograph paper, “Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo”. The author finds that ...- Authors: Society of Actuaries
- Date: Sep 2009
- Competency: External Forces & Industry Knowledge
- Topics: Long-term Care; Public Policy
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Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo
Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo This paper describes the prevalence ...- Authors: Steve Cooperstein
- Date: Sep 2009
- Competency: External Forces & Industry Knowledge
- Topics: Long-term Care
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Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo
Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo Author’s response to discussant ... monograph paper, “Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo”. The paper describes ...- Authors: Steve Cooperstein
- Date: Sep 2009
- Competency: External Forces & Industry Knowledge
- Topics: Long-term Care
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Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo
Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo Abstract for ... Annuities—A Dynamic Long-Term Care Funding Duo Abstract for “Home Equity and At-Need Annuities—A Dynamic Long-Term ...- Authors: Steve Cooperstein
- Date: Sep 2009
- Competency: External Forces & Industry Knowledge
- Topics: Long-term Care
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Visions for the Future of the U.S. Health Care System - Health Care Reform: What Problems Can We Realistically Solve?
increases or decreases costs. Understanding this dynamic, tech companies are encouraged to bring new technologies ... relatively minor delay, covered by insurance. This dynamic creates an unchecked engine of medical advances ...- Authors: Application Administrator
- Date: Jun 2009
- Competency: Leadership>Thought leadership; Strategic Insight and Integration>Big picture view
- Topics: Health & Disability>Health care; Health & Disability>Health insurance; Public Policy
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U.S. Health Care - Where to Look for Reform
U.S. Health Care - Where to Look for Reform Essay discussing cost, quality and access of healthcare ... agendas and consumer driven health care be as dynamic as a full-of-choice, entrepreneurial driven system ...- Authors: Sam Gutterman
- Date: Jun 2009
- Competency: External Forces & Industry Knowledge
- Topics: Economics; Health & Disability>Health care; Health & Disability>Health care quality; Health & Disability>Health insurance; Social Insurance>Medicaid; Social Insurance>Medicare
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Visions for the Future of the U.S. Health Care System
increases or decreases costs. Understanding this dynamic, tech companies are encouraged to bring new technologies ... relatively minor delay, covered by insurance. This dynamic creates an unchecked engine of medical advances ...- Authors: Society of Actuaries
- Date: Jun 2009
- Competency: External Forces & Industry Knowledge
- Topics: Health & Disability>Health care; Health & Disability>Health insurance; Public Policy; Public Policy
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Enterprise Risk Management Maturity-Level Assessment Tool
financial risks is more a static procedure than a dynamic consideration. One of the most theoretical ... process that considers the risk dimension, a dynamic information flow and communication and an ongoing ...- Authors: Maria Ciorciari, Peter Blattner
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Enterprise Risk Management>Financial management; Enterprise Risk Management>Governance; Enterprise Risk Management>Risk appetite
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Effective Stress Testing in Enterprise Risk Management
Effective Stress Testing in Enterprise Risk Management This paper discusses both the theoretical ... for risk factors in earnings-at-risk analysis, dynamic capital adequacy testing and tail fitting. It then ...- Authors: Lijia Guo
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Enterprise Risk Management>Capital management - ERM
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Behavioral Fraud Mitigation through Trend Offsets
Behavioral Fraud Mitigation through Trend Offsets Fraud is often a dynamic and challenging problem ... Mitigation through Trend Offsets Fraud is often a dynamic and challenging problem in credit card lending ...- Authors: Raghuveer Kancherla, Ratna Venkata, Anurag Verma
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Economics>Behavioral economics
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Creating Value through Integrated ERM for Health Care Insurers in Europe
Creating Value through Integrated ERM for Health Care Insurers in Europe The paper ... dedicated risk analysis and quantification need to be dynamic, recognizing that catastrophic risks may also sometimes ...- Authors: George C Orros
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Strategic Insight and Integration>Big picture view
- Topics: Enterprise Risk Management>Financial management; Health & Disability>Health insurance
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ERM for Strategic Management – Status Report
ERM for Strategic Management – Status Report Much of the push for ERM has come from regulators and rating ... [8] Møller, T. 2004. “Stochastic Orders in Dynamic Reinsurance Markets.” Finance and Stochastics ...- Authors: Gary G Venter
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Strategy development
- Topics: Enterprise Risk Management>Financial management; Finance & Investments>Investment strategy - Finance & Investments; Finance & Investments>Value at risk - Finance & Investments
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Weighted Pricing Functionals
Statistics 9(6): 1135–1151. Tsanakas, Andreas. 2004. Dynamic Capital Allocation with Distortion Risk Mea- sures ... and Portfolio Optimization. CAS Summer Forum, Dynamic Financial Analysis Discussion papers, 43–78.- Authors: Edward Furman, Ricardas Zitikis
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Finance & Investments>Economic capital; Finance & Investments>Risk measurement - Finance & Investments
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Evolution of Loss Reserve Risk
Evolution of Loss Reserve Risk Property and casualty insurers face risks in many key areas, such as ... from regulatory or rating agency formulae and dynamic financial analysis (DFA) models. Under the ...- Authors: Thomas P Conway, MARK DANIEL MCCLUSKEY
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Finance & Investments>Value at risk - Finance & Investments
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Before and After Modeling: Risk Knowledge Management is Required
that is continuous learning and change under a dynamic model of workers’ mindset that need higher coordination ... organization. The dynamic is expressed through the following processes (Table 1): Table 1 Dynamic Stages of ...- Authors: John S Edwards, Eduardo Rodriguez
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Enterprise Risk Management>Financial management; Enterprise Risk Management>Risk measurement - ERM
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Integrated Enterprise Risk Management for Industrial Companies: A Critical Discussion of How to Improve Risk Evaluations
Integrated Enterprise Risk Management for Industrial Companies: A Critical Discussion of How to ... different departments brings forward a group dynamic process, which in itself produces a value added ...- Authors: Holger Sommerfeld
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Enterprise Risk Management>Financial management
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Multivariate Dependence Modeling Using Pair-Copulas
Multivariate Dependence Modeling Using Pair-Copulas In the copula literature there are many bivariate ... for example, in enterprise risk manage- ment or dynamic financial analysis. 3 1. Introduction Actuaries ...- Authors: Doris Y Schirmacher, Ernesto Schirmacher
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Actuarial Profession>Professional development; Enterprise Risk Management>Financial management; Modeling & Statistical Methods>Stochastic models
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Actuary of the Future
Actuary of the Future May 2009 issue of the Actuary of the Future Section newsletter The Actuary of ... entry. 3. Mainstream insurance products are dynamic and pro- vide more consistent performance. 4.- Authors: Society of Actuaries
- Date: May 2009
- Publication Name: Actuary of the Future
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A Risk Management Tool for Long Liabilities: The Static Control Model
A Risk Management Tool for Long Liabilities: The Static Control Model This paper looks ... hold) investment strategies rather than a set of dynamic strategies. This turns out to imply the mathematical ...- Authors: Application Administrator
- Date: Apr 2009
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Topics: Finance & Investments>Asset liability management
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Knowledge Management and Enterprise Risk Management Implementation in Financial Services
(Simmons, 2001). The implementation of ERM is a dynamic process, and the new ways of risk control identify ... optimize and to classify. The ERMIS requires a dynamic bridge between KM processes and ERM processes passing ...- Authors: John S Edwards, EDUARDO RODRIGUEZ
- Date: Apr 2009
- Competency: External Forces & Industry Knowledge
- Topics: Enterprise Risk Management
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Next Steps for ERM: Valuation and Risk Pricing
335– 352. [5] Bellman, R.E. 1954. The Theory of Dynamic Programming. Santa Monica, Calif.: The RAND Corporation ... [33] Møller, T. 2004. “Stochastic Orders in Dynamic Reinsurance Markets.” Finance and Stochastics 8(4): ...- Authors: Gary G Venter
- Date: Apr 2009
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Topics: Enterprise Risk Management>Risk measurement - ERM
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Stochastic Trend Models in Casualty and Life Insurance
essential to an understand- ing of risk in a dynamic environment. Filtering the DY trend also provides ... every DY trend. We describe the model as having “dynamic trends,” meaning continuously chang- ing. We have ...- Authors: Spencer M Gluck, Gary G Venter
- Date: Apr 2009
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving
- Topics: Life Insurance; Modeling & Statistical Methods>Stochastic models
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Modelling and Measuring Business Risk
Modelling and Measuring Business Risk This paper focuses on business risks rather ... modelling and measuring business risk where the dynamic of the underlying earnings is described in a continuous-time ...- Authors: Klaus Bocker
- Date: Apr 2009
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Finance & Investments; Modeling & Statistical Methods
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A Primer on Credit Derivatives
A Primer on Credit Derivatives This paper explains the development of the credit derivative market, ... 17. Chen, R.-R., Cheng, X., and Wu, L. 2005. “Dynamic Interactions between Interest Rate, Credit, and ...- Authors: Stephen P D'Arcy, James P McNichols, Xinyan Zhao
- Date: Apr 2009
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Finance & Investments>Derivatives
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2006 Enterprise Risk Management Symposium
2006 Enterprise Risk Management Symposium Full article listing of the 2006 Enterprise ... classes respectively. Taking into account mortality and dynamic lapse risk, we build a model that quantifies ...- Authors: Society of Actuaries
- Date: Apr 2009
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CompAct, April 2009, Issue No. 31
CompAct, April 2009, Issue No. 31 This is the full version of the CompAct newsletter, published April ... the other hand, generally are looking at the dynamic possibilities of a spreadsheet, having several ...- Authors: Society of Actuaries
- Date: Apr 2009
- Publication Name: CompAct
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Decision Making under Uncertain and Risky Situations
[9] Gheorghe, A. 1990. Decision Processes in Dynamic Probabilistic Systems. Kluwer Academic. [10] ... M., Brousseau, K., and Hunsaker, P. 1990. The Dynamic Decision maker: Five Decision Styles for Executive ...- Authors: M T Taghavifard, M Khalili Damghani, R Tavakkoli Moghaddam
- Date: Apr 2009
- Competency: Strategic Insight and Integration
- Topics: Modeling & Statistical Methods>Bayesian methods
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CompAct – Issue No. 30 – January 2009
CompAct – Issue No. 30 – January 2009 January 2009 issue of the Technology Section newsletter, ... help navigate the turbulent waters of today’s dynamic health environment, while positioning you to take ...- Authors: Society of Actuaries
- Date: Jan 2009
- Publication Name: CompAct
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Defining the Characteristics of the 21st Century Retirement System
above. The industry has seen the development of Dynamic Financial Analysis (DFA) as a strategic and operating ... is an important issue because the elements are dynamic in line with the changing economic environment ...- Authors: Society of Actuaries
- Date: Nov 2008
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Retirement 20/20 Monograph
Retirement 20/20 Monograph This is a web page containing links to papers presented at the Retirement ... a fee to obtain paper) An Experimental Test on Dynamic Consumption and Lump-Sum Pensions Enrique Fatas ...- Authors: Society of Actuaries
- Date: Nov 2008
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Topics: Pensions & Retirement>Plan design
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Stochastic Pricing for Embedded Options in Life Insurance and Annuity Products
enough? 3. Liability Assumptions – What dynamic lapse, dynamic utilization and other assumptions are ... The lapse assumption used in the example has a dynamic component that reflects the amount the GLWB is ...- Authors: Society of Actuaries, Timothy Hill, Dale Visser, Ricardo Trachtman
- Date: Oct 2008
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Modeling & Statistical Methods>Dynamic simulation models; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Stochastic models
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Credibility Using Copulas
over time. Hence, the copula accounts for the dynamic aspect of claims behavior. Let c(.) be the probability ... information in the distribution of claims, the dynamic dependencies and the associated explanatory variables ...- Authors: Edward Frees, PING WANG
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Finance & Investments>Risk measurement - Finance & Investments; Modeling & Statistical Methods>Bayesian methods; Modeling & Statistical Methods>Stochastic models
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Modeling of Economic Series Coordinated with Interest Rate Scenarios: A progress report on research sponsored by the Casualty Actuarial Society and the Society of Actuaries
• A property-liability insurance company uses dynamic financial analysis (DFA) to compare alternative ... community. For example, a key aspect of the dynamic financial analysis process, which continues to ...- Authors: Stephen P D'Arcy, Richard Gorvett, Kevin Ahlgrim
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Actuarial Profession>Professional development; Economics>Financial economics
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Natural Hedging of Life and Annuity Mortality Risks
static process. Dynamic natural hedging is required for new life or annuity business. Dynamic natural hedging ... even if an insurer is keenly interested in the dynamic natural hedging, whether it can sell ad- equate ...- Authors: Samuel Cox, Yijia Lin
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Topics: Experience Studies & Data>Mortality; Finance & Investments>Portfolio management - Finance & Investments
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Modeling Capital Market with Financial Signal Processing
Market Uncertainty and Volatility – Formatting Dynamic Strategies into Strategic Curves: Adaptive Futures ... 1). static regression Si = Γ(Ri-L+1, …, Ri) dynamic auto-regression Ri+1 = ri + µ(Ri-L+1, …, Ri) + ...- Authors: Jenher Jeng
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Topics: Economics>Financial markets; Modeling & Statistical Methods>Stochastic models
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Bayesian Reserving Models Inspired by Chain Ladder Methods and Implemented Using WinBUGS
Bayesian Reserving Models Inspired by Chain Ladder Methods and Implemented Using WinBUGS This ... responding to U (i.e., lossratio[ k, 3 ]) is dynamic and changes values as the simulation pro- gresses ...- Authors: David Scollnik
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Economics>Financial economics; Modeling & Statistical Methods>Bayesian methods; Modeling & Statistical Methods>Stochastic models
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Stochastic Control Theory for Optimal Investment
strategies (see [1], [3] and [4]), and simultaneous dynamic control of proportional reinsurance and investment ... [6] Hipp, C. and Vogt, M. (2003) Optimal dynamic XL-reinsurance. Preprint. Download available ...- Authors: MARITINA TOLEDO CASTILLO, Gilbert Parrocha
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Strategy development
- Topics: Finance & Investments>Investment strategy - Finance & Investments; Modeling & Statistical Methods>Stochastic models
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Securitization of Mortality Risks in Life Annuities
Securitization of Mortality Risks in Life Annuities Securitization of mortality risks is ... traditional reinsurance. The longevity risk is a dynamic phenomenon. Life expectancy through- out the world ...- Authors: Samuel Cox, Yijia Lin
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Strategy development
- Topics: Experience Studies & Data>Mortality; Finance & Investments>Investment strategy - Finance & Investments
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Multivariate Dependence Modeling Using Pair-Copulas
Multivariate Dependence Modeling Using Pair-Copulas Abstract for the 2008 ERM Monograph paper, “Multivariate Dependence Modeling ... for example, in enterprise risk manage- ment or dynamic financial analysis.- Authors: Doris Y Schirmacher, Ernesto Schirmacher
- Date: Apr 2008
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Behavioral Fraud Mitigation through Trend Offsets
Behavioral Fraud Mitigation through Trend Offsets Abstract for the 2008 ERM Monograph paper, “Behavioral ... author. 2 Abstract Fraud is often a dynamic and challenging problem in credit card lending ...- Authors: Raghuveer Kancherla, Ratna Venkata, Anurag Verma
- Date: Apr 2008
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In Measuring the Benefits of Enterprise Risk Management in Insurance: An Integration of Economic Value Added and Balanced Score Card Approaches
above. The industry has seen the development of Dynamic Financial Analysis (DFA) as a strategic and operating ... is an important issue because the elements are dynamic in line with the changing economic environment ...- Authors: Madhu Acharyya
- Date: Apr 2008
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Enterprise Risk Management>Financial management; Enterprise Risk Management>Risk measurement - ERM; Finance & Investments>Economic value
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Interaction of Market and Credit Risk: An Analysis of Inter-Risk Correlation and Risk Aggregation
Interaction of Market and Credit Risk: An Analysis of Inter-Risk Correlation and Risk Aggregation ... of Risk-Adjusted Return on Capital Framework.” Dynamic Financial Analysis Discussion Paper, CAS Forum ...- Authors: Klaus Bocker, Martin Hillebrand
- Date: Apr 2008
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Economics>Financial markets; Enterprise Risk Management>Financial management
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Measuring the Rate Change of a Non-Static Book of Property and Casualty Insurance Business
of the rate change factors, then consider the dynamic situation in which policies currently issued by ... of “actual to target” changes over time. In a dynamic environment with changing policy provisions, only ...- Authors: Neil M Bodoff
- Date: Apr 2008
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Enterprise Risk Management>Financial management
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Living to 100 and Beyond in Canada with Dignity
Living to 100 and Beyond in Canada with Dignity This paper argues that living longer with ... mortality, fertility and immigration, so there is a dynamic involved in the projections. The following Tables ...- Authors: Application Administrator
- Date: Jan 2008
- Competency: External Forces & Industry Knowledge
- Topics: Demography
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Session 2A: Demographic Implications of Aging Populations Internationally Q&A
Session 2A: Demographic Implications of Aging Populations Internationally Q&A Transcript ... any thought in India of how you would make it dynamic as opposed to running into problems occasionally ...- Authors: Society of Actuaries
- Date: Jan 2008
- Competency: External Forces & Industry Knowledge
- Topics: Demography; Global Perspectives
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Human Behavior: An Impediment to Future Mortality Improvement A Focus on Obesity and Related Matters
Human Behavior: An Impediment to Future Mortality Improvement A Focus on Obesity and Related ... behavior, understanding the contributions of its dynamic nature and effects on mortality, particularly of ...- Authors: Sam Gutterman
- Date: Jan 2008
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Experience Studies & Data>Mortality; Health & Disability>Chronic health management - Health & Disability
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On Simulation-Based Approaches to Risk Measurement in Mortality with Specific Reference to Binomial Lee-Carter Modeling
On Simulation-Based Approaches to Risk Measurement in Mortality with Specific Reference to Binomial ... values in both period and cohort frameworks. Dynamic simulation models;Mortality modeling;Predictive ...- Authors: Steven Haberman, Arthur Renshaw
- Date: Jan 2008
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Experience Studies & Data>Mortality; Pensions & Retirement>Retirement risks
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A Study of the Lee-Carter Model with Age-Shifts
A Study of the Lee-Carter Model with Age-Shifts We propose an age-shift model to modify the LC model ... can be hedged. These studies all make use of a dynamic mortality model to deal with mortality risk.- Authors: Ching-Syang Jack Yue, HONG-CHIH HUANG, Sharon Yang
- Date: Jan 2008
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Annuities>Pricing - Annuities; Demography>Longevity; Experience Studies & Data>Mortality; Global Perspectives; Pensions & Retirement>Retirement risks
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Longevity Risk Pricing
Longevity Risk Pricing This paper proposes a new method to price the longevity risk premia ... Young, V.R., and Zariphopoulou, T. 2002. “Pricing Dynamic Insurance Risks Using the Principle of Equivalent ...- Authors: Jiajia Cui
- Date: Jan 2008
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Demography>Longevity; Health & Disability>Health risks; Reinsurance>Financial reinsurance; Reinsurance>Pricing - Reinsurance
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Actuary of the Future
Actuary of the Future Full version of Actuary of the Future newsletter, Issue No. 23, ... “want” is rarely used, its introduction shifts the dynamic. Empowered and powerful is a great place from which ...- Authors: Gail E Tverberg, Andrew H Dalton, Tim Essaye, Sandra Enoch
- Date: Nov 2007
- Publication Name: Actuary of the Future
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Actuary of the Future, May 2007, Issue No. 22
really understand or bother to understand the dynamic nature of mortality. Essentially, what drives this ... expecting different results.” Creating The “Dynamic Actuary:” A Guide to Improving Communication/Presentation ...- Authors: Society of Actuaries
- Date: May 2007
- Publication Name: Actuary of the Future
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2007 Enterprise Risk Management Symposium: The Relationship between Risk Capital and Required Returns in Financial Institutions - Some Preliminary Results
capital regulations) in the context of a simple dynamic model of banking risks.14 Our paper is organised ... assumptions of the Gaussian copula. 18 • A dynamic model of capital structure and investment decisions ...- Authors: Alistair Milne, Mario Onorato
- Date: Mar 2007
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Topics: Enterprise Risk Management>Capital management - ERM
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The Fundamentals of Designing an Integrated Model of Financial Risk and Operational Risk within an Enterprise Risk Management Framework: Findings of an Empirical Study
exposed to a huge systemic risk because of a dynamic payment system but it is different in the ... network; stress testing; scenario analysis; dynamic financial analysis, etc.) are used, the data ...- Authors: MADHUSUDAN ACHARYYA
- Date: Mar 2007
- Competency: External Forces & Industry Knowledge
- Topics: Enterprise Risk Management
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Robert Morris University
Robert Morris University Robert Morris University's Department of Mathematics invites applications ... Actuarial Research Conference summer 2007. The dynamic and thriving mathematics department boasts majors ...- Authors: Society of Actuaries
- Date: Nov 2006
- Publication Name: Expanding Horizons
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CompAct, October 2006, Issue No. 21
environ- ment provides an infrastructure to support dynamic reuse, which requires new classifica- tion systems ... application becomes larger, more gen- eral and dynamic, open code is more appro- priate. Consider for ...- Authors: Society of Actuaries
- Date: Oct 2006
- Publication Name: CompAct