Description: The theme of this paper relates to solving portfolio selection problems using linear programming. The authors extend the linear optimization framework for Conditional Value-at-Risk-based portfolio selection problems to optimization over a more general class of risk measure known as the class of Coherent Distortion Risk Measure. From Actuarial Research Clearing House, 2012 Vol. 1.

Description: This study was sponsored by the Society of Actuaries Health Section. This paper explores the relative significance of aging as a determinant of financial cost of health care beyond age 50, with particular attention to the effect for ages 65 and older. The paper presents concepts of aging factors and aging curves, which define relative values between ages for utilization or cost of health care services. General conclusions are drawn from Medicare data that utilization and cost differ by age, but that aging factors vary across services and may be less significant at very old ages. The author then turns to the question of measuring the significance of an aging curve assumption and what accuracy is lost in the simpler alternative of a single value across an age range.

Description: Chapter 7 of the Models for Retirement Policy Analysis. This chapter describes the Social Security Administration's system of assumptions and modeling techniques used to project the finances of the Federal Old Age and Survivors Insurance OASI and Disability Insurance DI trust funds.

Description: Read the latest ACLI Update.

Description: This session from the 1984 SOA Atlanta Meeting covers the deregulation that has already occurred within financial industries including banking regulations regarding underwriting and selling insurance and some insight into possible future deregulation.

Description: This panel discussion, which occurred at the May 1982 SOA meeting in Colorado Springs, presented a discussion on the effect of new federal policies on medical insurance. The discussion included federal cost shifting and pro-competition consumer choice bills. From Record of Society of Actuaries Vol. 8, No. 3.

Description: This document summarizes a meeting of the Reinsurance Section that occurred at the October 1982 Society of Actuaries annual Meeting in Washington D.C. The meeting consisted of a discussion related to the role and purpose of the section, a discussion of problems and pitfalls related to reinsurance treaties, and discussions related to choosing a reinsurer.

Description: This meeting session presented a discussion on the effect of new federal policies as of 1982 on medical insurance. Topics include cost shifting, employers contributions, rebates, vouchers, and provider negotiation. From Record of the Society of Actuaries Vol. 8, No. 2

Description: This session discussion is about the federal health care topics: managed competition, universal coverage versus universal access, taxes, funding, budgets and benefit to include or exclude. From Record of Society of Actuaries Vol. 19, No. 1A.

Description: This session is about financial rating systems: The processes, performance, improvement, and the role and impact of risk-based capital requirements.