Description: This session discussion is about individual disability income, morbidity, field compensation expenses, persistency, and investment income. From Record of the Society of Actuaries Vol. 15, No. 1.

Description: This presentation is a panel discussion from the 1991 Meeting of the Society of Actuaries, held June 3-5 in Colorado Springs. The panelists will present the results of an intercompany study of disability income reserve practices, dealing with issues such as reserve bases, reserve margins for active and disabled lives, reserve adequacy testing, valuation of riders such as cost of living adjustment, ‘COLA,’ residual, and social insurance, and tax reserves. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 3A.

Description: This paper derives exact expressions for the ultimate ruin probability and establishes the effect of correlation on ruin probability using the Wiener-Hopf factorization.

Description: This paper looks at how smaller companies are expanding their operations in the disability income, accident and sickness field, what the problems and the expectations of satisfactory financial results are and how the Society can assist members in the constructive development of this business. A discussion of waiver of premium riders on life insurance policies was also discussed.

Description: The author discusses group short-term disability or STD programs, including the advantages and disadvantages of self insured vs. insured plans, as well as hybrid approaches.

Description: This literature guide focuses on the distribution costs, especially the field compensation costs, that are incurred through the traditional general agency, branch office or brokerage structures for individual life, annuity and disability products.

Description: This session discussion is about tools, techniques, and methods used by the health valuation actuary HVA in dealing with business projections, cash-flow analysis, valuation on nonguaranteed premium business, target surplus analysis, reinsurance and claim reserves. From Record of Society of Actuaries Vol. 18, No. 1A.

Description: Presented at May 1996 Spring Meeting. Traditional reinsurers have become more conservative in recent years as the individual disability insurance industry continues to report poor financial results. Some reinsurers have exited the marketplace, while some others have raised rates, restricted certain coverages, tightened underwriting, and taken other actions to manage the risks. Thus, alternatives to traditional DI reinsurance are discussed.

Description: While discussing newer solutions to past problems, panelists in session 121 OF of the New York Annual Meeting consider under-penetrated disability markets such as the blue-collar market, the association market, and the integrated disability market. From the record of the Society of Actuaries, Vol. 24, No. 3.

Description: A review of how credit life and disability insurance is used in conjuction with real estate loans.