Description: This study provides statistical indications of trends in mortality at ages 10 through 34 for both males and females in Canada. Causes of death, with emphasis on suicide and accidental death rates, are explored.

Description: The NAIC's 'Life Insurance Illustrations Model Regulation,' which goes into effect on January 1, 1997, is largely a response to the perceived misrepresentations in life insurance illustrations, of which vanishing premiums is a notorious example. From an actuarial perspective, this state of affairs presents an interesting challenge. Rather than disallowing illustrations of risky contracts, why not develop an illustration for potential policyholders which adequately conveys the essence of these contracts and their probabilistic nature. The purpose of this paper is to discuss some preliminary observations related to the development of such illustrations.

Description: The purpose of the present paper is to discuss some of the methods by which fertility variations can be incorporated into population forecasts. From ARCH 1984, Vol. 1.

Description: This presentation provides evidence that a decline in interest rates in the negative interest rate environment produces a much more serious consequence on life insurers than that in the positive interest rate environment.

Description: The purpose of this paper is to explore the capital holdings of Canadian property/casualty insurers, taking regulatory requirements as given. In particular, it addresses the following issues: 1. Are firms in fact over capitalized with respect to mandated capital adequacy thresholds? 2. Do higher capital holdings translate into lower returns on equity [ROEs] for firms? 3. Is there a relationship between Best’s Ratings and a firm’s capital holdings, as shown to be in the United States? 4. Which firm characteristics are important in determining capital holdings?

Description: This paper investigates salary functions as they are used in the valuation of pension plans. Pension actuaries may find many of the ideas in this article useful. Moreover, the paper may be interesting to researchers in actuarial science. The main conclusion of this paper is that salary functions, as derived from the parametric models, yield gains and losses that can be quite small and, in some cases, less variable than non-parametric methods. From Actuarial Research Clearing House 1998, Vol. 1.

Description: This paper is a report on research for undergraduate experience grants held for 8 weeks under the direction of Cecil Nesbitt. The topic of the research was Social Security Financing and Related Matters. From Actuarial Research Clearing House 1993, VOL. 1.

Description: This is article identifies and quantifies how one of several prospective cures for chronic conditions will impact healthcare.

Description: This paper sets forth an approximate solution to problems associated with demonstrating compliance of a limited number of price adjustment activities with regulations such as those contained in Section 300.20(b).

Description: This poster describes the optimal investment and benefit payment problem for a target benefit pension with default risk and model uncertainty.