Agile or Fragile? Underwriting and Mortality at the Older Ages: Part 2is first-dollar quota share, so it should mirror direct face amounts, but it tends to have larger average ... when, starting back in the 1990s, they became the direct writer by taking 90 percent of the risk. How much ...
Description: Presented at May 2005 Spring Meeting. Explores work to study the mortality experience of the older ages, the mortality costs to the insurer if the absolute level and shape of the pricing mortality curve is incorrect and the value of underwriting with regard to select vs. ultimate mortality.Hide
- Authors: Application Administrator, Allen Klein, Christopher Shanahan
- Date: May 2005
- Competency: External Forces & Industry Knowledge>Internal forces and business performance; Technical Skills & Analytical Problem Solving
- Publication Name: Record of the Society of Actuaries
- Topics: Experience Studies & Data>Mortality; Life Insurance>Pricing - Life Insurance