Description: This essay examines several key factors that have contributed to China’s success in the economic reform spanning the past three decades and the double-edged nature of these factors going forward.

Description: A discussion of issues and developments that threaten the collective confidence of the LTC insurance industry, including job cutting, changes in reporting requirements, and compliance audits.

Description: This article suggests Dodd-Frank's financial reform legislation doesn’t go far enough to reduce systemic risk. Paper provides suggestions that would improve outcomes if built into the regulations.

Description: The problem and largest challenge with systemic risk identification and management is that high-risk activities and high-risk companies are often identified only with hindsight. This article identifies risk factors and proposes a framework for systemic risk management that can be applied in advance by regulators, company management, and other stakeholders

Description: This article reviews the experience and restructuring that has taken place in the life insurance industry since the Asian economic crisis reached Korea. It also discusses the recent trends of the life insurance industry.

Description: LTCi rate increases are large and becoming larger. As more and more policyholders cannot afford the cumulative impact, they need some relief - like access to the large contract reserve they have funded for the benefits they can no longer afford.

Description: Updates on HPC activities, including new work groups for providing input to key players as health care reform moves on from the legislative phase into the regulatory phase, as well as ongoing activities of existing workgroups in financial reporting, long term care, stop loss, disease management, Medicare SUpplement, sovency, cancer claims experience, and risk adjustment.

Description: A discussion of the causes of Jamaica’s Life Insurance and Financial Sector Crisis in the late 1990s and its impacts on the life insurance industry

Description: Comments that were sent to the National Commission on Fiscal Responsibility and Reform regarding value-added taxes and the affects on the CPI.

Description: This article discusses the possibility of high inflation down the road. The high levels of debt incurred due to the COVID-19 pandemic will be difficult for many countries to support. Central bank activity is "standing in the gap" but this is not necessarily the optimal solution. Inflation can also become an issue due to contagion coming from less financially stable countries, resulting a crisis of confidence, driving up interest rates.