Description: Certain valuation assumptions are difficult to set with a high degree of accuracy, whether because the underlying experience is in different economic or interest rate environments, in addition to other reasons. Examples include assumptions for long-term care insurance, annuity options, lapsation and premium persistency on ULSG. This session will share how the actuary can use predictive analytics to augment the assumption-setting process. Some of the benefits to the actuary (along with the company and the regulator) include more accurate assumptions with lower margins for adverse deviations. Of possible interest as well is that applications go beyond valuation and include acquisitions, reinsurance and pricing.

Description: Covers mortality experience under Canadian individual payout annuities and certain deferred annuities which have no cash value or no right to change the policy.

Description: This second study of intercompany mortality experience under structured settlement annuities examines experience through calendar year 1993.

Description: This annual survey of long-term lapsation prepared by the Life Insurance Marketing and Research Association examines the experience of ordinary insurance in Canada between 1993 and 1994 policy anniversaries.

Description: This report describes the mortality experience by cause of death from 1983 to 1988 policy anniversaries and includes data from the same companies that contribute to the annual study of Mortality under Standard Ordinary Insurance Issues.

Description: Experience study covering over 80 continuing care retirement communities, CCRCs, in California including 17 life care communities, offering retirees residential living and services of health care and personal care. Life expectancy experience of residents of CCRCs is developed in support of the California statutory reserve requirements for CCRCs.

Description: This is the annual report submitted by the Individual Life Section of the Committee on Expected Experience on the intercompany mortality experience for Canadian standard ordinary life insurance policies between 1990 and 1991 anniversaries.

Description: This report presents results from the study undertaken during 1993 and 1994 by the Direct Response Persistency and Mortality Task Force. Direct response product experience is presented for persistency, and mortality for both underwritten and guaranteed issue products.

Description: The key tasks of credit risk capital project under CROSS II mainly focus onL(1 )Adjustment of measurement framework; (2) Calibration of risk factors, including both credit spread risk and credit default risk;3)Introduction of concentration risk measurement; (4) Higher requirement on look-through rule.

Description: This discussion from the 1983 SOA Hollywood, Florida Meeting presents an update for actuaries on U.S. Federal Statistics including GNP, economic accounts, measures of price change, the Federal Reserve, and the money supply. From Record of Society of Actuaries, Vol. 9, No. 4.