Description: Technical paper on how to efficiently perform scenario testing for principle-based approaches.

Description: More Efficient Monte Carlo Simulations for Mortality Assumption Testing

Description: Discussion of the biases understatement of risk/reserves that arise when aggregating cells in modeling Variable Annuity Minimum Guaranteed Death Benefits

Description: Health Watch, Issue 79, December 2015, Health Watch

Description: Products that serve consumers are increasingly complex, creating a real need to help management understand risk exposure in real time. The root of the dilemma is that modeling the entire population, which is feasible with sophisticated computing technology, simply does not offer a practical response time. New modeling techniques such as replicated stratified sampling may help executives better understand risk.

Description: Summary of the health section council’s research project to assess the accuracy of commonly used IBNR estimation methods over a wide range of scenarios.

Description: The next evolution of actuarial systems in the U.S. will likely be a move toward a single system solution. This article defines a single system solution and illustrates how models can be shared across actuarial functions, the potential benefits of a single system solution, and describes potential mitigation strategies to address typical actuarial concerns.

Description: November 2018 issue of The Modeling Platform by the Modeling Section. Practical information for actuaries, trends that impact section, section activities.