Description: This study used the Impairment Study Capture System (ISCS) to examine mortality results of policies, beginning in 1989, on insured lives with elevated blood pressure.

Description: The article provides a complete and rigorous analysis based on calculus for the topics in the theory of compound interest: the monotone convergence properties of the rates of interest and discount payable m times per interest conversion period in relation to the force of interest, the monotone convergence properties of the present value and accumulated value of an ordinary annuity with m payments per interest conversion period in relation to those of a continuously paying ordinary annuity and a method for approximating the present value of an ordinary annuity, or an increasing annuity with m payments per interest conversion period, by accumulating, at compound interest for the fraction m - l/2m of an interest conversion period, the present value of the same type of annuity with one payment per interest conversion period.

Description: December 2015 issue of The Financial Reporter

Description: This presentation is a panel discussion from the 1991 Annual Meeting of the Society of Actuaries, held October 20-23 in Toronto. The panelists discuss strategies employed in Canada and the United States to restructure life insurance costs. They discuss levelized commissions and commission financing, joint ventures and reinsurance, ‘sale’ of strain and loads, statutory liability review, and the effect of tax law changes, including the ‘DAC tax.’ Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 4B.

Description: A plain-language, high-level explanation of employer withdrawal liability issues, including how they grew to be large and barriers to their collection.

Description: Calculating the risk adjustment confidence level disclosure required by IFRS 17 if the risk adjustment itself is calculated using a cost of capital approach

Description: Affordable Care Act and Payment Reform

Description: To deal with future correlation crises, the author suggests the implementation of ‘’quanlitative analysts’’ (‘Quanls’) in the enterprise risk management (ERM) process: risk managers who are able to lead interdisciplinary ERM studies from a jointly qualitative and quantitative point of view, with an emphasis on dynamics.

Description: Feature article discussing how insurers have reflected volatility in asset return assumptions when determining capital requirements, but have largely disregarded the impact of mortality volatility on their liability assumptions when performing stochastic analysis.

Description: A discussion of funding arrangements that can reduce the costs of providing medical coverage through lower reserves or state tax savings, instead of through cutting benefits.