Description: This paper demonstrates an approach of modeling experience, and then interpreting the model and residual errors.

Description: The Joint CAS-CIA-SOA Risk Management Section commissioned this report to explore the practices that would enable a company to optimize the integration of risk, capital, and financial management. Based on our research, several effective practices have emerged relative to implementation of a linked environment. These include: 1) Development of a corporate oversight committee, representing senior management commitment to implementation. 2) Development of a framework, specifying how the goal of linkage will be accomplished. 3) Risk identification and assessment, clearly key to the understanding of the organization’s risk profile. 4) Actual linkage of risk, capital and financial management through the use of economic capital modeling and performance measurement on a risk-adjusted basis. 5) Education and communication throughout the organization.

Description: This analysis will primarily focus on the individual, non-group market. In order to plan for the impact that these currently uninsured individuals will have on the health insurance markets, it will be important to understand their costs relative to the costs for people already enrolled, for whom many health insurers have experience and data.

Description: The purpose of this paper is to examine the underlying issues of replacement rates for the benefit of retirement security stakeholders, particularly public policy makers, pension plan sponsors, advisors, financial product providers, and individuals planning for retirement. Additionally, guidance is provided on building replacement rate measures. From the Society of Actuaries - 2011.

Description: This is a discussion of the paper, 'A Convenient Method of Providing for Mortality Improvement Based on the a-1949 Table' by James E. Hoskins. Discusses seriousness of errors that can develop under certain circumstances, provides a formula for adjusting by modes of payment, discusses circumstances in which differences between Hoskins' method and Projection B is greater than in the example used in the paper, etc.

Description: In this report, we explore the impact of clustering using the Medical Expenditure Panel Study (MEPS) data for children (aged 5 to 17) to build a bridge between oral health and overall health using dental and medical expenditures. We include social determinants of health as cluster input variables using the Partitioning around Medoids (PAM) method to identify children and their families who could potentially benefit from population health management related to oral health.

Description: The Society of Actuaries (SOA) published its first COVID-19 research brief on March 10, 2020, followed by regular updates and expansions through June 12, 2020. The comprehensive report included a section of statistics that highlight the pandemic’s impact on economies in the U.S. and Canada. This report shows updates through September 30, 2020, to selected graphs from the Economic and Asset Impact section of the comprehensive report.

Description: This discussion on major medical expense insurance examines the trends in the types of plans sold, popularity of the comprehensive type of medical expense insurance plan, special problems, and dependent coverage. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: The Mortality & Longevity Strategic Research Program Steering Committee is pleased to present a new report summarizing the work accomplished under the 2019 research grant supporting the Human Mortality Database (HMD) team. The work was divided between two main projects: 1) the continuous development of the United States Mortality Database (USMDB) and 2) the publication of cause-specific mortality series for selected HMD countries.

Description: This report focuses on the risks of change in the insurance industry and adapting to the "New" New Normal. It includes survey results, analysis, and discussions on various risks affecting the industry in the current environment.