Description: Artlicle discusses the consequence of Overwhelm and how to overcome it.

Description: This article reviews the technological advances in connecting remotely to your office.

Description: The 19th annual Emerging Risks Survey, conducted among over 100 senior insurance and financial services leaders, highlights the key risks expected to impact the industry in the near and longer term. The survey categorizes risks into economic, geopolitical, societal, environmental, and technological domains, providing valuable foresight for actuaries and risk managers to anticipate and plan for evolving challenges.

Description: Building from the Emerging Risk Survey categories, this article addresses ways that infrastructure can support economic growth from the viewpoint of environmental, financial, geopolitical, societal and technological factors.

Description: In the face of declining response rates from direct mail campaigns, the author suggests use of the internet to generate leads will be much more efficient and successful.

Description: This article discusses how the most successful insurance companies acquire profitable customers, who stay with you for a lifetime, through direct marketing via prospect data bases .

Description: This article highlights key regulatory and market developments in Bermuda and Cayman and the increasing role of actuaries in innovative structures like side cars and ISACs. With a focus on practical experiences and professional challenges, it offers a perspective on what these dynamic markets mean for the global actuarial community from someone working there.

Description: This article is aimed to cover the following: 1) Provides an assessment of income volatility under Long Duration Targeted Improvements (LDTI) for several key types of long duration contracts along with select illustrations, and compares against those under current GAAP, 2) Discuss areas where accounting policies or methodologies can influence income volatility, and 3) Show how a company's management reporting can be adapted to help explain income variances under LDTI.

Description: Adjusted earnings has long been a fundamental KPI for investors to assess the core financial performance of a company. As a non-GAAP measure, there is a divergence in practice of how individual companies define adjusted earnings and what activities management views as “core” to their business. The arrival of US GAAP LDTI has led insurers to revisit their existing adjusted earnings framework as the new standard introduces additional “accounting noise” that if left unadjusted obscures the true underlying drivers of performance. This article provides key insights on the influence US GAAP LDTI has had to the adjusted earnings calculation, highlights changes from the pre-LDTI framework, and showcases key themes observed from public insurers 2023Q1 10-Q filings.

Description: When building stress tests, modelers need to consider worst cases that are plausible. The most useful and robust scenarios begin qualitatively, with a narrative or story. Consistent quantitative relationships are then developed.