Description: This paper provides some background about demography, health and retirement summarizes how current pension laws influence the design of pension plans and the timing of retirement and looks at the optimal retirement age from the perspective of employers, government and workers.

Description: Paper provides an overview of the impacts of population aging on the design and marketing of group life and health and group pension products over the next 40 years. While the paper is written with a group focus, the implications of the material for individual product design and marketing are immediately obvious and equally important. From the Transactions of Society of Actuaries 1994, Vol. 46.

Description: Review of the fifth and final report in the 1960 Census Monograph Series created by the Social Science Research Council. Makes a compelling case for the monograph providing a good historical and statistical analysis of the changing U.S. population and demographics.

Description: This presentation is a concurrent session from the joint Society of Actuaries/Casualty Actuarial Society Meeting held April 10-11, 1978 in New York City. The panelists discuss a range of topics dealing with risk classification, including retirement benefit plan design considerations, the implications of the federal equal pay act and federal civil rights act, court decisions, possible effects of extension of age discrimination laws, and use of unisex tables, annuity contracts, the impact on health and disability insurance of pregnancy legislation in court decisions, and handicapped person legislation and regulations. Workmen's Compensation, individual life, and individual property and casualty coverages are also discussed. The panelists ask whether the Society of Actuaries and Casualty Actuarial Society should be doing more research. Discussion from Participants is included. From the Record of Society of Actuaries, Volume 4, No. 1.

Description: Whether focused on mortality, longevity, health or disability risks, biometric uncertainty is the foundation of our work. With a long history of processes and methods for analyzing biometric considerations, we run the risk of becoming stagnant in our thinking about the subject. The presenters will explore how companies can stay ahead of the curve in an environment of ever-changing medical and biometric influencers. They'll dig into cause of death trends, the obesity epidemic, genetic testing, wearables, other wellness tools and more. The presenters will also address the impact of changing risk assessment methods through predictive underwriting. This session is for anyone interested in staying at the forefront of biometric risk.

Description: The management of the investments of an insurance enterprise has undergone a considerable evolution since the pioneering work of Redington in the mid 20th century. Best practices have evolved to incorporate ever more complex insurance liabilities, expanding investment asset classes and global market opportunities. Strategic asset allocation (SAA), liability driven investing, and other robust optimization approaches form the core of the professional management of insurance company investments.

Description: Demographers have typically viewed mortality trends from historical and cross-national perspectives, looking at commonalities in the evolution of mortality. In general, with improving economic conditions mortality has tended to decline and life expectancies to rise. The epidemiological transition from a mortality pattern dominated by infectious diseases to one in which more endogenous causes of death predominate is a central theme.

Description: Identifying and submitting all appropriate ICD-9 diagnosis codes to CMS will result in a higher risk score for the member and increased payments to Medicare Advantage plans. Milliman's HCC prevalence study illustrates the significant variations in HCC prevalence rates by age/gender, geography, and population type and will assist plans in benchmarking the effectiveness of their own diagnosis code capture efforts.

Description: This abstract describes a paper that introduces spatio-temporal models and methods for analysis with specific emphasis on quantities of interest in actuarial science. Generalized additive mixed models are used for the analysis of geographic and temporal variability of mortality rates.

Description: The author provides highlights from a March 2012 seminar on longevity risk sponsored by the Actuarial Society of New York (ASNY).