Description: The goals of this project are to describe the impact on assets and liabilities if nominal interest rates remained low for an extended period of time. In addition, several other questions were considered that provide insights to the reader: • Is a long-term low interest rate scenario possible? • What could cause a long-term low nominal interest rate scenario and should this be presented to management? • What strategies should insurers and others providing oversight consider in response to an extended low interest rate scenario?

Description: The goal of this paper is to help you understand one tool that has gained an enormous amount of traction over the past two decades: predictive modeling. Predictive modeling is the practice of leveraging statistics to predict outcomes. The topic covers everything from simple linear regression to machine learning. The focus of this paper is a branch of predictive modeling that has proven extremely practical in the context of insurance: Generalized Linear Models (GLMs).

Description: The devastation wrought by opioid related deaths is national news. This article looks at the details behind the statistics.

Description: This report examines the impact on risk scores in risk adjustment models when there are timing differences for model updates and risk factor mappings.

Description: Using the Health Care Cost Institute (HCCI) database, we examined which characteristics best predict and describe high-cost members.

Description: The Canadian Institute of Actuaries (CIA) and the Society of Actuaries (SOA) are pleased to make available a resource model that provides long-run (to 2050 and beyond) forecasts of health care spending in Canada.

Description: A plain-language, high-level explanation of employer withdrawal liability issues, including how they grew to be large and barriers to their collection.

Description: The SOA is pleased to make available a research report providing insight and considerations for the actuarial profession in assessing the potential risk and opportunities of MACRA to both provider and payer organizations.

Description: As part of its ongoing effort to provide useful information on COVID-19, the Society of Actuaries issued a brief survey to its Investment Section members to gain insight as to how COVID-19 is impacting investment professionals. The survey results are intended to help members compare their thinking and future expectations of COVID-19 with their peers.

Description: As part of its ongoing effort to provide useful information on COVID-19, the Society of Actuaries (SOA) recently launched a series of reports exploring the impact of COVID-19 on retirement risks.This report is based on a follow-up conversation among actuaries from the SOA Retirement Section Council and the Retirement Section Defined Contribution Initiative Project Oversight Group. The actuaries that participated are currently working with plan sponsors of defined contribution plans in the United States and Canada. This report summarizes observations raised during the conversation about the current issues being discussed with clients to deal with immediate concerns as well as broader considerations about defined contribution plans, emergency funds and financial wellness.