Description: A review of changes in the last two years with respect to investing, geopolitical risks and the markets.

Description: Will the Medicare Modernization Act Jump Start Growth in Employer-Sponsored Long- Term Care Insurance? by Allen J. Schmitz, FSA and Scott A. Weltz, FSA from Long-Term Care Newsletter, April 2004, Issue No. 11.

Description: This article, directed at actuaries, will explain the basics of blockchain in very simple terms and we will then examine some UK/European-based use cases where blockchain is already being used or developed.

Description: Update from the life insurance industry trade's perspective on tax policy and political issues

Description: This 2016 Annual Meeting session explores how leaders are evolving, how newer generations want to be engaged, and how to succeed in this new environment.

Description: What do data, technology, offices, skills, and cultural perspectives all have in common? Significant transformation.

Description: As an undergrad student, I discussed about my understanding of how AI is going to influence insurance industry through my volunteer experience with the SOA Actuarial Innovation and Technology Repository.

Description: The article contains a description of the Emerging Topics Community. The focus of the article is what is a community, what makes the Emerging Topics Community special, and benefits of the Community. Included after the discussion on the community are ways to get involved and be a part of the community.

Description: The implementation of the IFRS 17 insurance accounting standard has brought significant changes to the financial reporting landscape of insurance companies. With new disclosure requirements and altered profit analysis, understanding and interpreting future profitability have become a topic of concern for the industry. While stability remains a key objective for insurance companies, the earning patterns might become more volatile especially when the contractual service margin (CSM) is exhausted, and a loss component (LC) needs to be established. Reinsurance, a common risk mitigation tool, can play a pivotal role in managing earnings volatility and minimizing losses for onerous measurement units. In this article, we propose a new key performance indicator (KPI) called “loss recoverability” to assess the performance of reinsurance treaties in achieving these objectives. We explain how this KPI can be utilized in multiple scenarios to evaluate the effectiveness of reinsurance strategies and pursue stability in earning patterns.

Description: Expanding Horizons recently had the opportunity to interview Wenjun Zhu, the winner of the Society of Actuaries’ (SOA’s) third Actuarial Science Early Career Award.