Description: This report explores estimation of employee stock options exercise behavior and option cost to firms.

Description: Average life expectancy has increased throughout the ages, but can this life expectancy trend continue indefinitely? From Reinsurance Section News, May 2005, Issue No. 55.

Description: This article discusses the value of policy update programs for life insurance to reflect more current assumptions. One Update program was featured and the article shows the lapse experience of those that accepted the update and those that rejected the update confirm the value of UPDATE programs.

Description: This essay explores the role that the emerging defined contribution retirement system may be playing in the growth of wealth inequality in the United States. The current system leaves many Americans with little or no retirement savings. Those with higher accumulation levels appear to invest proportionally more in equities, which may have an exponential effect of balances over long time periods. The author hypothesizes that willingness to take investment risk involves the relationship between the amount an investor has accumulated and what she/he needs in order to cover basic costs of living. This is one reason that investors with greater accumulation levels may be able to earn higher rates of return. The essay concludes by suggesting that the U.S. defined contribution system should include all workers and provide additional fiduciary guidance. Examples reforms, both in the U.S. and other countries, are provided.

Description: Obesity is poised to overtake smoking as the leading preventable cause of death. What parallels can be drawn between public and reinsurance industry responses to these two lifestyle choices? Swiss Re investigates.

Description: This document presents the detailed results of a literature search performed during December 2009 - February 2010 to find resources for the report Complexity Science – An Introduction and Invitation for Actuaries.

Description: The second of a three-part series introducing the technique of visioning. Part I appeared in the June 1996 issue of Actuarial Futures.

Description: As the retirement system has shifted to a greater focus on defined contribution plans and personal responsibility, post-reitrement risk management has grown in importance. This report covers the study of the process of retirement.

Description: Summary of the July, 2013 newsletter with an executive overview of each article.

Description: Learn more about improving the modelling of individual decisions.