Description: Delinquency rates are closely related to the economic conditions and can be analyzed using measures of economic growth and stability. In an attempt to predict the delinquency rate for the health care equipment financial industry, we investigated the relationship between delinquency rate and key macroeconomic variables for the period from 1998 to 2008. The study reveals that the tightening credit standards and unemployment rate are the key macroeconomic indicators influencing the delinquency rate. The analysis further helps in arriving at a trigger to monitor the delinquency rate based on the macroeconomic indicators, thus enabling proactive portfolio management. Presented at 2010 Enterprise Risk Management Symposium, Society of Actuaries, April 12-15, 2010.

Description: In this article, the authors describe the flaws in our current determination of the Consumer Price Index CPI and other economic indicators, and propose a series of refinements for improving the CPI calculations. The article emphasizes the importance of accuracy, given the significant influence on business and investment policies, psychological effect on the marketplace, as well as on consumer confidence, and the direct impact on Social Security increases and other benefit plans.

Description: Presented at October 2000 Annual Meeting. Discusses demographic and economic change, changes in the market, and the direction of the legislative and legal environment for medical and long term care insurance.

Description: Chronically low interest rates are a reflection of macroeconomic trends. Care must be exercised in making assumptions regarding mean reversion.

Description: Overview on current trends in medical practice impacting the LTC insurance business with a focus on dementia, risk stratification, and predictive modeling.

Description: Chronically low interest rates are a reflection of macroeconomic trends. Care must be exercised in making assumptions regarding mean reversion.

Description: This article summarizes the results of a Delphi study amoung SOA Futurism Section members about the actuarial profession and the U.S. economy and other matters in the years 2010 and 2050.

Description: Discussion of inflation: Causes and impacts and what the roles of actuaries might be to manage it.

Description: This panel discussion session examines the marketing and pricing considerations of group insurance in the 1980's.

Description: Three consultants offer their views on a pandemic and post-pandemic economic future that awaits Mexico. COVID-19 deepened the contraction of the Mexican economy. As manufacturing and consumption bounce back, sustaineddemand for services can help recovery. But a policy push is needed. The global pandemic came at a time when the Mexican economy had contracted for five straight quarters due to avariety of factors such as deceleration in investment and private consumption and uncertainty around the free tradeagreement with the United States and Canada. The COVID-19 crisis accelerated this trend, resulting in the largest contraction since the Great Depression of 1929.