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Moving Beyond Retrospective Testing for LTCI Reserves
valuation assumptions as shown in Table 1 for a cohort of 1,000 claimants. The table shows expected annual termination ... report on the adequacy of LTCI claims reserves. Table 2 In-force Claims and Actual Experience for Calendar ...- Authors: Allen J Schmitz, Daniel A Nitz
- Date: Dec 2007
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Financial Reporting & Accounting; Long-term Care
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First Principles LTC -- Restoration of Benefits
anomaly is caused by the mortality rates for these attained ages. The mortality rate, in general, increases ... increases with attained age. However, the 1994 GAM mortality rates for ages 112 through 119 are forced to ...- Authors: Robert W Darnell
- Date: May 2012
- Competency: Leadership>Thought leadership; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Long-term Care