Description: This paper proposes a new method to price the longevity risk premia in order to tackle the pricing obstacle. Based on the equivalent utility pricing principle, our method obtains the minimum risk premium required by the longevity insurance seller and the maximum acceptable risk premium by the longevity insurance buyer.

Description: Abstract paper for Optimal Retirement Age.

Description: The abstract for a paper that talks about shifting from defined benefit to defined contribution plans and the risk involved.

Description: The is the abstract for a paper that discusses retirement planning information and the signals it provides. It focuses on the issue of communicating lump sum versus income benefits. It discusses challenges in communicating income benefits and provides some alternatives.

Description: This abstract describes a paper that considers the valuation of a guaranteed annuity option (GAO) under a generalized modeling set-up where both interest and mortality risks are stochastic and correlated.

Description: This abstract describes a presentation that discusses various knowledge goals, student characteristics and techniques used to reach students.

Description: This abstract describes a presentation that describes the Canadian Institute of Actuaries’ University Accreditation Program, whose goal it is to provide exemptions for some preliminary examinations while maintaining the strong standards of the exam-based entrance to the actuarial profession.

Description: This abstract describes a study that reviews by simulation the current tools available for testing trends in time series and constructs and compares alternative probability distribution models, using a unique and comprehensive data set that represents the entire crop insurance sector of Canada.

Description: This abstract describes work that revisits Tilley’s approach to approximating the value of a derivative through simulation and compares it to the Least Squares Monte Carlo Method developed by Longstaff and Schwartz.