Description: This paper presents the application of the asset share technique of pricing to Home Equity Line of Credit insurance. The paper's objective is to provide useful tools when developing a new HELOC product including projections for marketing and underwriting, distinctions between desirable and undesirable product design features, and development of premium rate structures. From Actuarial Research Clearing House 1990, VOL. 2

Description: Over the past couple of years, the Society of Actuaries has altered radically its perception of its research role. An Issues management process has been put into place to identify and prioritize research activities. A management process has been established to approve research projects and to oversee progress. With such a structure In place a number of research projects have been initiated. The research activities of the SOA go well beyond new research projects. A revitalization of the experience studies and library activities also has occurred. In addition, several special projects which deserve mention have been undertaken. This article provides a status report on a list of research projects, experience studies, library activities and other projects. It also provides a chart showing the flow of a research project from conception to completion. From Actuarial Research Clearing House 1991, Vol. 1.

Description: This article provides an an alternate, statistical approach, to graduation. Both single and multiple decrement models are considered and theoretical results are obtained for some specific mortality models. From: ACTUARIAL RESEARCH CLEARING HOUSE, 1979 VOL. 2.

Description: This paper presents a procedure for calculating aggregate stop-loss premiums that takes parameter uncertainty into account. From Actuarial Research Clearing House ARCH 1988, Vol. 3

Description: This paper discusses some powerful uses of recursive functions, including: 1. Universal life, both for the calculation of target premiums and reserves. 2. Paid-up Rider. Recursive functions can directly determine a premium that precisely matures the rider. 3. Traditional Whole Life. Reserves can be efficiently calculated when needed instead of referring to a table of stored factors. From Actuarial Research Clearing House 1993, VOL. 3.

Description: Many seniors who own houses in the United States have most of their wealth in their houses. Home Equity Conversion Mortgages are designed to allow seniors to borrow money against their house. This paper describes a stochastic simulation approach used to estimate the amount of a level-payment annuity payable as long as the senior is alive and living in his/her home. From Actuarial Research Clearing House 1990, VOL. 2.

Description: Because actuaries fit models for a variety of situations, particularly with regard to data modifications, it is useful to have a single approach. Though not optimal or exact for a particular model or data structure, the method should be reasonable for most all settings. Such a method is proposed in this article. Actuarial Research Clearing House 2003, VOL. 1

Description: This model arose from a project to evaluate the cost of a health care access' program to provide comprehensive medical care to uninsureds in Minnesota, for the Minnesota Health Care Access Commission. The project was to provide estimates of the impact on per-person and aggregate costs for various participation percentages in the access program. In order to evaluate those costs, the antiselection model described in this was developed. Of note, this was the ACTUARIAL EDUCATION AND RESEARCH FUND 1991 PRACTITIONERS AWARD WINNER. From Actuarial Research Clearing House 1991, VOL. 2.

Description: In this paper, a basic varying parameter regression model, where the regression coefficients vary over time, is employed to predict the future expected claims. It is shown that the resulting credibility formula for the prediction is of the updating type. The credibility formula performs well compared to the basic credibility formula of BÄuhlmann-Straub when applied to the Hachemeister data. From Actuarial Research Clearing House 2003, Vol 2.

Description: This paper presents a method for analyzing the experience of a stop-loss underwriter to develop a claim continuance table. This method is designed to deal with the limitations presented from certain limited information so as to get the most out of the available information. To the extent this approach is succesful, the credibility of the experience analysis will be maximized, thus minimizing the reliance on external data. From Actuarial Research Clearing House 1993, VOL. 3.