Description: This article discusses the considerations and process of selecting actuarial software.

Description: Interview discusses developing forecasting models to predict the financial impact of disruptive events and new medical technologies. Issue No. 60

Description: This article is intended to present a high-level review of a recently concluded research project (Mehmud & Yi, 2012) with the same title.

Description: For insurance companies, modeling the future values of assets and their interactions is useful for setting up asset strategies and managing reserves for liabilities. This paper evaluates the ability of Wilkie’s stochastic investment models to predict Toronto Stock Exchange [TSX] price index yield. In the Wilkie Model, correlated econometric indices are modeled through a cascade structure.

Description: This abstract describes a paper that deals with linear pricing rules and risk measures and introduces two kinds of compatibility between prices and risks.

Description: This presentation discusses a process for determining the minimum reinsurance retention level consistent with defined parameters. The conclusions reached were: 1. Under PDS dependence, optimal reinsurance strategy is multivariate stop loss form. 2. Explicit solutions could be derived in certain bivariate model. 3. Binding and unbinding constraints are equivalent. From Actuarial Research Clearing House, 2012, Vol. 1.

Description: This is a presentation on computing tight bounds for insurance payments with nonlinear risk. Semi-definite Programming is defined, some examples are presented, and non-linear applications are presented. From Actuarial Research Clearing House, 2012, Vol.1.

Description: Editorial highlighting outstanding articles in the Financial Reporter newsletter

Description: In September 2005, the AICPA issued SOP 05-1, Accounting by Insurance Enterprises for Deferred Acquisition Costs in Connection with Modifications or Exchanges of Insurance Contracts. The SOP provides accounting guidance for DAC on internal replacements of insurance and investment contracts other than those specifically mentioned in FAS 97. Article discusses implementation issues.

Description: Feature article about the transitioning of life insurance products to RBC C3 Phase III.