Description: Findings from EY Insurance Risk Management Team's 2016 (annual) Insurance Chief Risk Officer Survey.

Description: The purpose of this paper was to examine the job and compensation of the ordinary life insurance agent in relation to commissions and expense regulation and to examine how well the industry responds to customer needs, and consider how the system might be changed. The paper establishes some criteria for evaluating appropriateness of systems of both agent compensation and expense regulation. The paper is followed by submitted discussion papers

Description: The paper discussed the reasons for a stock company's mutualization detail the mutualization process itself consider actuarial, legal, and other problems that arise and review a recent case history.

Description: This far-ranging discussion of health insurance and employee pensions discussed expansion of health insurance plans to encompass the additional forms of medical care and treatment, intercompany studies of mortality and morbidity, accidental death coverage are written on a twenty-four-hour basis or as travel accident, dental care insurance, survivorship benefits, employer-sponsored death benefits incorporated into qualified pension plans, and other topics. From Transactions of Society of Actuaries 1963, Vol 15 Pt. 2

Description: This discussion about group Life and group Accident and Health insurance covered over insurance, medical catastrophe coverage, conversion privilege, and the regulatory environment. From TRANSACTIONS OF SOCIETY OF ACTUARIES, 1953 VOL. 5 NO. 11.

Description: This section presents and summarizes insurance-related legal cases of 1953 including: 1. GROUP ANNUITY CONTRACTPERPETUAL OBLIGATION: Freeport Sulphur Company v. Aetna Life Insurance Company, 2. SERVICE OF PROCESSUNAUTHORIZED INSURER: Parmalee v. Iowa State Traveling Men's Association, 3. ORAL PLEDGE OR ASSIGNMENTCREDITOR'S RIGHT: Commercial National Bank v. Chapman, 4. DOUBLE INDEMNITYMILITARY EXCLUSION: Weissman v. Metropolitan Life Insurance Company, 5. LIQUIDATION OF MUTUAL COMPANYJURISDICTION OF INSURANCE COMMISSlONER: Allyn v. Hull, 6. AVIATION EXCLUSIONPARACHUTE JUMP: Smith v. Mutual Benefit Health and Accident Association, 7. SETTLEMENT OPTIONTESTAMENTARY DISPOSITION: Hall v. Mutual Life Insurance Company, 8. PURCHASE OF HOME OFFICE PROPERTYINSURANCE SUPERINTENDENT'S APPROVAL: Guardian Life Insurance Company vs. Bohlinger, 9. LOAN VALUE: DISABILITY AND DOUBLE INDEMNITY RESERVES: Chastang v. Mutual Life Insurance Company, 10. CONVERSION OF GROUP INSURANCESUICIDE: Lineberry v. Security Life and Trust Company, 11. DOUBLE INDEMNITYMILITARY EXCLUSION: Western Reserve Life Insurance Company vs. Meadows

Description: This is the presidential address by former President of the Society of Actuaries, Richard C. Guest. He discussed insurance supervision globally, with an emphasis on Canada and the United States.

Description: In many countries, insurers and banks are separately regulated. In some countries, banks and insurers are not allowed to be part of the same conglomerate and share capital. This raises questions about the efficient use of capital and return on equity to shareholders. This is the abstract of an empirical study that views economic capital from a solvency perspective with the focus on downside risk. The key question addressed is 'What efficiencies, if any, are gained by allowing banks and insurers of different types to merge and thus share capital.' We examine to what degree bank and insurer performances have been correlated historically, especially in the downside tail. This case study is based on Canadian banks, life insurers and property-casualty insurers.

Description: The theme of this paper relates to solving portfolio selection problems using linear programming. The authors extend the linear optimization framework for Conditional Value-at-Risk-based portfolio selection problems to optimization over a more general class of risk measure known as the class of Coherent Distortion Risk Measure. From Actuarial Research Clearing House, 2012 Vol. 1.

Description: 2003 Valuation Actuary Symposium, San Diego, CA. This session discussed the considerations in performing due diligence on a reinsurance partner and the impact of deteriorating credit quality. Topics included: 1. Letters of credit 2. Arbitration and disputes. 3. Impact of mergers and acquisitions. 4. Offshore reinsurance. 5. NAIC issues.