Description: This paper sets the task of pricing insurance products in the larger framework of company planning and management. A generalized description of the pricing function, applicable to any insurance company project.

Description: India is in the process of updating to a more risk-based capital framework. The article provides a high level introduction of the development and discusses some of the key design and implementation considerations.

Description: Read the January 2020 issue of International News published by the International Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This article focuses on strategies that long term care insurance companies are using today to invest assets more profitably and manage risks more effectively to help ensure that they can meet their obligations and move forward in an uncertain market.

Description: Under the Affordable Care Act (ACA), groups with 50 or less full time employee equivalents will eventually be subject to the ACA’s modified community rating rules. While some groups will see lower premiums than they would have without the ACA, others will see significant premium increases. Many of the latter type opted for transitional relief beginning in 2014 to avoid the ACA as long as possible. With the end of transitional relief approaching in 2018, what will these groups do? One option will be to self-insure using a product generically termed Level Funding.

Description: This article is about why actuaries should have integral roles within nearly every IT and business intelligence company serving the insurance industry.

Description: This article, Spreadsheet Controls Add Risk Resilience, spotlights why spreadsheets have stood the test of time and how they help contribute to an actuary’s success. It also discusses common causes of data integrity issues relative to spreadsheets. And, offers insight into controls that can be utilized to helps actuaries solve these issues and ensure the accuracy and consistency of the data on which they base their analysis.

Description: A commentary on whether or not the Illustrations Regulation has been successful.

Description: This article discusses sessions from the product development section post symposium seminar on product development - beginning to end. Sessions included product specific topics like term, universal life with secondary guarantees, and indexed products. Panel discussions included inforce management and advanced modeling issues.

Description: The monograph walks the reader through the hindsight, insight and foresight building process while discussing theoretical and practical issues supporting the building of valid forecasts with provenance for each of these schema examples. That is, the analyst can document the iterative ‘profiling change processes’ mindscape and landscape elements by which and through which the successful forecast is built. This kind of forecast construction ameliorates the ‘black box’ problem of generating pattern output without an understanding of the pattern’s creation or contextual meaning that is often seen when using other methods, particularly machine learning and artificial intelligence. This issue is discussed, referencing appropriate thought leaders.