Description: Targeted Improvements provides a strong impetus for commitment by management to develop and maintain a set of appropriate assumptions. As even the best of assumptions will take time to season, the sooner the improvements in assumptions are made, the quicker the goal of stabilized earnings can be realized.

Description: Responds to questions received during the webcast with regards to modeling long term medical trends for valuation purposes. Questions cover testing the model against publicly traded companies, the calculation of growth rate in the model, the income multiplier as the population ages, model relevance to Canada, factoring in of extra disease burdens, exclusion of aging in the model, and the effect of the globalization of health care.

Description: Tidbits relate to contingent deferred annuities, wellness benefits in qualified long-term care contracts, and reactivating the active financing exception for insurance companies.

Description: The paper will focus on two broad areas, integration of insurance products with investment products to mitigate the risk of outliving one’s assets in post-retirement financial planning. Modeling and pricing for the longevity risk in the secondary market in insurance.

Description: This is a research report that highlights the characteristics of combination plans that serve to reduce the risks to insurers issuing life or annuity products linked to long-term care insurance. Observations are provided to assist in the understanding of the factors that explain the profit change sensitivity results and the natural hedging against major risks that inherently is present within the linked products.

Description: This is the abstract to the paper, How the Current System Fails People With Chronic Illnesses by Reinhard Priester, Robert L. Kane, Annette M. Totten.

Description: At this presentation from Session 7PD of the SOA 1996 Colorado Springs Meeting, the panelists comment on the value they place on ensuring proper management of risk, contract preparation, underwriting and claim handling for long-term care policies. From the Record of the Society of Actuaries, Vol. 22, No. 2.

Description: This panel at the SOA 1998 New York Annual Meeting discusses current developments in the market for long-term-care insurance including underwriting, regulatory activity, pricing and plan design.

Description: Many insurers have one or more existing blocks of LTC insurance coverage. As products are revised, older policies are affected greatly. This session discusses possible strategies for dealing with older policies. From the Record of the Society of Actuaries, Volume 29, No. 2, Session 119.

Description: Disability insurers are showing an increasing interest in benefits that tie closely to long-term care. Several insurers have developed disability products that offer additional disability benefits based on the loss of activities of daily living, while others offer options to convert disability policies into long-term care policies. From Record of Society of Actuaries, Vol. 30, No. 1.