Description: Calculating the risk adjustment confidence level disclosure required by IFRS 17 if the risk adjustment itself is calculated using a cost of capital approach

Description: The last few years have seen a dramatic change in the way that insurance products are priced. If we traveled back in time 15 to 20 years, we would see a world where most insurance products were priced on the basis of a few static scenarios. In the last several years, pricing on a stochastic basis has become more mainstream—at least for contracts with embedded guarantees.

Description: This paper is from Transactions of Society of Actuaries 1955 Volume 7, Number 17. The author notes that in mortality studies the ‘natural’ unit for exposures and deaths is number of lives, but often more insight is gained by use of other weights, such as face amount. In this paper, the author develops a method which, ‘by a combination of exposed to risk formulas, provides a comparatively simple procedure to permit consideration of weights which vary during the observation period.’

Description: An abbreviated version of a larger chart produced by the International Actuarial Association.

Description: In this article about professional development, the new competency network is descibed and and emerging job opportunities in health care analytics are discussed.

Description: This article addresses the issues of short-term volatility, the non-equivalency of traders and, how product development is being impacted by market consistency.

Description: The world around us keeps changing F.A.S.T. propelling life insurance companies to respond with F.R.E.S.H. product solutions.

Description: How insurers can build trust with the customers, particularly in the context of micro-insurance.