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Principle-Based Reserves and LTC Insurance Innovation
Discussion of the movement toward principle-based reserves for LTC insurance. American Academy of Actuar ... erprise risk management=ERM;National Association of Insurance Commissioners=NAIC;Principles-based ap ...- Authors: Allen J Schmitz
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Leadership>Professional network leverage; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Long-Term Care News
- Topics: Enterprise Risk Management>Capital management - ERM; Finance & Investments>Risk measurement - Finance & Investments; Financial Reporting & Accounting>Statutory accounting; Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Stochastic models
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Line-of-Business Management for Long-Term-Care Insurance
Line-of-Business Management for Long-Term-Care Insurance Panelists discuss the characteristics of and ... impediments associated with effective management of the long term care insurance market, particularly as ...- Authors: Robert Yee, Andrew Herman, Deborah A Grant, Craig Shigeno
- Date: Jun 1998
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Record of the Society of Actuaries
- Topics: Demography>Longevity; Experience Studies & Data>Long-term care - Experience Studies & Data; Long-term Care; Long-term Care>Long-term care insurance
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Long-Term Care: Hedging Your Bet
favorable to LTCI growth, the market remains stalled due to lack of understanding on the consumer side, and ... and uncertainty on carriers' side. The 3 key risk areas for carriers are morbidity, terminations, and ...- Authors: Dawn E Helwig, Nicola P Barrett, Rajesh Bhandula
- Date: Dec 2007
- Competency: External Forces & Industry Knowledge>General business skills; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Long-Term Care News
- Topics: Enterprise Risk Management>Financial management; Finance & Investments>Derivatives; Finance & Investments>Investment strategy - Finance & Investments; Long-term Care>Long-term care insurance
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Rate Increase Approaches Impact LTC Policyholder Behavior
DECEMBER 2017 LONG-TERM CARE NEWS For example, in the beginning, insurers generally pursued rate increases ... impacted most by the changes in experience and assumptions that are driving the needs for the increase. In ...- Authors: Raymond Nelson
- Date: Dec 2017
- Competency: External Forces & Industry Knowledge>External forces and business performance; External Forces & Industry Knowledge>Internal forces and business performance; Professional Values>Practice expertise; Results-Oriented Solutions>Actionable recommendations; Results-Oriented Solutions>Assess decision effectiveness; Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: General Insurance (Property & Casualty)>Policyholder behavior - General Insurance; Long-term Care>Long-term care insurance