Description: Discussion of the appropriate use of geometric versus arithmetic average returns to use in a stochastic interest rate generator to be equivalent to a deterministic single interest rate scenario.

Description: The April 2016 Issue of The Modeling Platform

Description: This article describes the key elements of a review of an economic scenario generator (ESG), including scoping, parameters, models, and model efficiency.

Description: Presents a summary of the results of the Economic Assumptions Guidance Task Force survey regarding use of economic assumptions in insurance modeling.

Description: Survey of appointed actuaries about asset adequacy testing techniques currently being used in 2012.

Description: Presented at May 1996 Spring Meeting. Teaching session on various types of algorithms that can be used, their applications and their pros and cons.

Description: This article describes some of the drawbacks to the assessment of longevity risk adopted by most practitioners within the UK together with an initiative that provides a platform for an alternative approach that is both (a) more forward-looking in nature and (b) can complement current practices.

Description: Describes using the new multi-risk scenario generator to create sensitivity tests at moderately adverse probability levels, resulting in margins to use for PBR.

Description: This article provides an overview of the different types of real world interest rate scenarios that practitioners use in the life insurance industry and explores different approaches to building those generators.

Description: This session from the 1983 SOA Hollywood, Florida Meeting looks at the construction of scenarios in futures studies. It discusses the four kinds of scenarios - the Demonstartion Scenario, the Driving Force Scenario, the System Change Scenario and the Slice-Of-Time Scenario. From Record of Society of Actuaries, Vol. 9, No. 4.