Description: An excerpt from a presentation at the 2014 Living to 100 Symposium, this article describes an open-source model for use by actuaries attempting to estimate future health benefit costs, discusses its strengths and limitations, and projects that spending for those age over 65 will take more than $13 trillion by 2055, about 50 percent of total medical expenditures.

Description: Companies need to learn to plan for uncertainty by taking into consideration downturns, not just an environment of moderation and occasional booms.

Description: The guest editorial details some valuable lessons during the author’s career as an employee benefits (mostly retirement) consultant, turned P&C predictive modeling, reporting and data warehousing lead, turned an analytic strategist and independent consultant.

Description: The author uses a reprint of an article from the very first edition of the “News from the Individual Life Insurance and Annuity Product Development Section” and assistance from the Taxation Section Council and Friends of that Council to decipher the changes between the life insurance tax environment back in the 1980s compared to today.

Description: This article looks at Enterprise Risk Management - ERM - and how executive compensation’s disconnect from long term stock performance has been a contributor to the current financial crisis. The author discusses the “Stock Performance Protection Plan,” or SSSP, and how it can encourage executives to buy into ERM. The author further discusses his plan, and the provisional patent he recently received.

Description: Summary of NAIC's Winter National Meeting

Description: Summary of the upcoming activities for the Smaller Insurance Company Section in 2016.

Description: In this article the author discusses stable value wrap contracts, funds in defined contribution pension plans, which credit interest and guarantee principle. This article discusses current controversies about the classification of the wrap contract and about the relative value of its experience-rated and non experience-rated versions, and concludes that a wrap is not a derivative.

Description: This article notes that life insurance companies have long used sophisticated techniques for appraising capital investment, and explores the question of whether these techniques can be applied to other industries.

Description: Demutualization: Filling the “GAAP” in Accounting by Darryl G. Wagner and Patricia E. Matson from The Financial Reporter, February 2000, Issue No. 41.