Description: The article summarizes some of the key changes in modeling, assumptions, underwriting, and design for long term care combo products over the past 30+ years. The objective is to inspire an innovative spirit that adapts to changing market needs, for example, dealing with long COVID

Description: Performance metrics are widely used by companies to create benchmarks, assess performance, and make strategic decisions. Traditional metrics, however, may not properly capture the risks embedded in complex or illiquid insurance liabilities, as recent global market volatility has revealed. As a result, executives are increasingly turning to risk-adjusted performance metrics (RAPMs) to enhance performance measurement. This article describes the shortcomings of traditional performance metrics and introduces some of the more commonly used RAPMs.

Description: Answering the question: Do you think that genetic information is different, and if so, should insurers handle it differently from other medical information?

Description: This article recaps the formidable changes that have shaped the FIA market since its humble beginnings in the mid-1990s and offers a perspective on ten emerging developments to watch in 2014 and beyond.

Description: The article talks about market consistent pricing, how risk neutral pricing and real world pricing are not fundamentally different if used appropriately. And using that knowledge, a rather new concept called the risk-adjusted real world pricing, which is a method where a mixture of risk neutral and real world pricing to achieve a holistic view on pricing, will be introduced.

Description: In the wake of the pandemic, much of the insurance industry is now endeavoring to find sustainable, longer-term solutions among many forced innovations – and to ensure that temporary adaptations add value beyond mere change.

Description: Article describes the language changes between AG 49 and AG 49-A.

Description: discussion of risk management and proper pricing of life insurance products.

Description: This article discusses the importance, measurement and improvement of product development efficiency.

Description: A discussion of risk-relevant resources available at the Society of Actuaries Risk Management Task Force Web site