Using Equities for Long-Term Liabilitiesgrowth of CPI medical and the growth of the health care sector of the S&P 500, which includes the drug stocks ... stocks. The theory, of course, was that the health care companies were getting rich from workers' compensation ...
Description: This session from the 1995 SOA New Orleans Meeting discusses implementing an equity portfolio to support a reserve for long-term liabilities. Also covered will be valuing, pricing implications, cash-flow testing and implications on risk-based capital. From the Record of the Society of Actuaries, Vol. 21, No. 1.Hide
- Authors: Peter L Hutchings, George F Foley, Robert J Gaffney
- Date: Apr 1995
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Finance & Investments>Investments