Description: Long-Term Care Insurance: Suggestions to focus on various products for different market segments to address all the challenges in the current one product system. From Long-Term Care Newsletter, August 2002, Issue No. 6.

Description: The Actuary of the Future Section launched The Ambassador Program in August 2002. The objective of this program is to support the mission of the Actuary of the Future Section in facilitating actuarial employment in new businesses and industries. To accomplish this objective, the program is designed to provide actuaries with information and answers to questions about opportunities in non-traditional fields.

Description: The author provides highlights from a March 2012 seminar on longevity risk sponsored by the Actuarial Society of New York (ASNY).

Description: This is a letter from the editor. This issue completes his first year as editor.

Description: This article is about the critical role of actuaries in IT projects.

Description: This paper focuses on portfolios of exposed properties at risk of loss from natural perils such as wind and earthquake in the context of property/liability insurance.

Description: This abstract describes a paper that considers an alternative way of estimating distribution parameters for nonnegative random variables.

Description: This is a table from an article in The Actuary Magazine entitled A Strategic Analysis of the US Life Insurance Industry Part II: Products.

Description: Table from an article in The Actuary Magazine entitled Outsourcing of General Account Investments.

Description: This study was sponsored by the Society of Actuaries Health Section. This paper explores the relative significance of aging as a determinant of financial cost of health care beyond age 50, with particular attention to the effect for ages 65 and older. The paper presents concepts of aging factors and aging curves, which define relative values between ages for utilization or cost of health care services. General conclusions are drawn from Medicare data that utilization and cost differ by age, but that aging factors vary across services and may be less significant at very old ages. The author then turns to the question of measuring the significance of an aging curve assumption and what accuracy is lost in the simpler alternative of a single value across an age range.