Description: Explore the value and cost of prescription drugs, how they should be defined and measured and the effects various stakeholders in the pharmacy ecosystem can have on these factors in the latest webcast. You'll investigate the impact of coverage, formulary and rebate negotiations and related benefit design. Find out how actuaries can answer questions related to the prescription drug industry, in addition to improving the access, quality and affordability of prescription drugs in the United States. Join us for this webcast and come learn about value-based contract design, negotiations, implementation and administration for prescription drugs.

Description: Discusses the influences that foreign economies have on the U.S. economy and the risks that those influences create for the U.S. life insurance industry.

Description: This keynote address at the SOA 1990 Annual Meeting is about how the changing international environment affects our economy.

Description: This article is a summary of the authors’ two other articles where they discuss pension systems and whether they do in fact distort retirement decisions.

Description: This is a report about inflation and index-linked securities in the United Kingdom.

Description: This article reviews environmental issues as discussed in The Doomsday Book by Thames and Hudson, London. From The Actuary, May 1971, Vol. 5, No. 5.

Description: Microinsurance mechanisms provide coverage to low income earners, but a growing middle class is often lacking adequate access to insurance services. The author explores ways in which insurance may be more accessible.

Description: Gross Domestic Product (GDP) has been our chosen metric for growth since the Great Depression, but expectations are for lower GDP growth going forward than we are accustomed to. Its two components, population and productivity, face headwinds—population from a declining birth rate and longevity, and productivity from increased climate events, energy costs, global conflict and raw materials shortages. Comparing demographic results from the U.S., China and Nigeria, representing countries with varying population growth rates, illustrates the potential economic growth issues of aging populations and high dependency ratios. The demographic challenges can be turned into opportunities to broaden prosperity; productivity can be improved by providing a level playing field and helping those in the lowest socioeconomic classes find opportunities. These topics and more will be discussed and enhance foresight about them.

Description: This presentation is a section meeting from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The guest speaker discusses prospective returns on financial assets, noting that the past, particularly the 1980s, is in many respects irrelevant in making projections of future returns, noting the decade of the 1980s was a nonrecurring and unsustainable period. He provides his thoughts in terms of projected real economic growth, projected inflation, projected real interest rates, and using that data makes projections of returns from a variety of financial assets. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: In this article, the author discusses the new IAA strategic plan for dealing with global financial risk.