Description: A recent study sheds light on the measurement and implications of the relationship between increased morbidity and declining disability. The results were not consistent across all populations. This study of the compression of morbidity is part of a wider project called the M-project, led by the four authors, which aims to explore the demographic factors leading to an increase in the adult longevity, investigate the phenomenon called the compression of mortality and develop a new methodological approach to longevity analysis with focus on the modal age at death M.

Description: This abstract describes research that finds an explicit form of the discounted moments of the surplus at the time of the last jump before ruin for the compound Poisson dual risk model.

Description: In this article, the author presents a case for using a Risk Return On Capital approach as a way to integrate desirable properties of the Economic Value Added approach and the Return On Risk-Adjusted Capital approach. The EVA approach has a shortcoming in that is does not reflect rating agency capital. The RORAC is computed as the ratio of expected total underwriting return to allocated risk capital, and represents the expected return for both benign and potentially consumptive usage of capital. The RROC approach measures returns after reflecting the mean rental cost of rating agency capital. Returns that are a reward for exposing capital to risk of loss are measured after reflecting the cost of carrying capital to support premium written and loss reserves.

Description: This abstract describes a paper that demonstrates the calculation of parameters for a Gamma-Exponential Mix distribution with moments matching the first three moments of the expected claims by amount for an arbitrary portfolio of life insurance policies.

Description: The abstract for the paper The Great Debate on the Outlook for Human Longevity: Exposition and Evaluation of Two Divergent Views.

Description: This is an abstract of the paper A Second Order SDE for the Force of Interest. In this paper, the author models the force of interest by a linear second order stochastic differential equation.

Description: The abstract for a paper that focuses on default distributions and why they are important.

Description: The author shares the story of his actuarial career and provides insight into the development of retirement today and the past and future of the pension actuary.

Description: This abstract describes a presentation that introduces a new class of bivariate distributions whose marginals can be beta-generated.

Description: This is the abstract for the presentation on the effect of global warming on discounting methodology.