Description: The Society of Actuaries Product Development Section, the Modeling Section, the Reinsurance Section and the Financial Reporting Section announce the release of a new research report that introduces a novel framework for leveraging the "architecture" of an industry mortality table within a company's predictive analytics-based insured mortality analysis.

Description: View the Exam PA June 19, 2020 RMD Solution.

Description: Detail overview of the various product designs in Medicare Part C and the revenue paid to the Medicare Advantage Organizations (MAOs) both from the government and from member premiums. Introduction to the concept of risk adjustment.

Description: The Society of Actuaries Research Institute, the American Property Casualty Insurance Association and the Casualty Actuarial Society are pleased to present a report examining how the COVID-19 pandemic affected the auto insurance industry. In this report, we will examine the effects of the pandemic on auto losses using dynamic linear models. We examine which predictors best describe the trends, and the impact the pandemic has on predicted future claims.

Description: This software was developed as a pedagogical tool to help demonstrate the impact of a change in retirement income strategy on potential financial outcomes. A user can consider various strategies of longevity and asset performance risk transferal and observe the resulting changes on a range of modeled outcomes. The overall purpose is to provide an understanding of the trade–offs of risk and reward in retirement strategies. The software is not intended as a comprehensive retirement planning tool and should not be used, under any situation, for this purpose.

Description: This software was developed as a pedagogical tool to help demonstrate the impact of a change in retirement income strategy on potential financial outcomes. A user can consider various strategies of longevity and asset performance risk transferal and observe the resulting changes on a range of modeled outcomes. The overall purpose is to provide an understanding of the trade–offs of risk and reward in retirement strategies. The software is not intended as a comprehensive retirement planning tool and should not be used, under any situation, for this purpose.

Description: This program allows the user to explore in great detail a technical problem that has occupied a number of investors, financial writers and especially retirees, during the last few years, as the baby boomers start to approach retirement. Namely, what is the probability that one will run out of money before running out of life, if his or her current standard of living is maintained? This is a zip file which includes the Retirement Probability Analyzer software, an instruction manual and a PowerPoint presentation explaining the program.

Description: Full article listing of the 2006 Enterprise Risk Management symposium.

Description: This is the sixth Intercompany Study of Long–Term Care Insurance. This report combines and analyzes data received from 35 insurers that agreed to provide information to further the knowledge of long–term care insurance. Those insurers are listed in Appendix A of the report. Available data was collected on policies issued between January 1, 1984 and December 31, 2007. Claims incurred on policies in force during this time were followed from claim inception through the earlier of claim termination, or June 30, 2008.

Description: The primary focus of this study was a comprehensive review of recent mortality experience of public retirement plans in the United States.