Description: This paper defines health expectancy as that part of life expectancy where the person is expected to be healthy. It also breaks down the remainder of life expectancy into two unhealthy categories, one where assisted living will be necessary, and one where a skilled nursing facility will be necessary. These expectations are calculated for many combinations of age, other demographic characteristics, and current health issues.

Description: Table from an article in The Actuary Magazine on an analysis of risk management terminology: your guide to speaking ERM with different industries.

Description: So, is there an obesity epidemic? There certainly is strong evidence that obesity rates are rapidly rising. Since 1985 the CDC has been collecting data from the states through the Behavioral Risk Factor Surveillance System BRFSS. is shown in this chart.

Description: The interactive visuals provided a compelling demonstration for Allstate's leadership team to see the effects of changes to Allstate's risk profile.

Description: The authors introduce an alternative to Tail Contribution Analysis TCA for analyzing business segments and strategies called Economic Profit Analysis EPA. They discuss EPA’s key feature, “volatility replication,” an intuitively appealing process of building investor expectations and capital market information into the risk-and-return measurements used to evaluate strategic decisions. Finally, they illustrate the benefit of using EPA in overcoming the problems of TCA and thereby providing concise reliable information for business decision making.

Description: The Society of Actuaries’ Committee on Life Insurance Company Expenses CLICE) has developed and conducted inter-company expense experience studies annually since 2001. This report documents the results of the Committee’s fourth expense study – the 2004 SOA Individual Life and Annuity Expense Study.

Description: This is the 2004 credit disability study report compiled by the Credit Insurance Experience Committee of the Society of Actuaries in July, 2005. The study was undertaken to update the basis for unearned premium reserves for single premium credit disability insurance.

Description: This report presents the results of the Survey on Business Decision practices of reinsurers conducted by the Society of Actuaries Committee on Life Insurance Mortality and Underwriting Surveys . A survey of direct writers of life insurance is reported separately.

Description: Results of the 2001 Expense Practices and Methodology survey conducted by the SOA Committee on Life Insurance Company. The intent of the survey was to provide the committee with guidance on the creation of an expense experience study.

Description: This report is based on simplified issue [SI] products sold during 2004 but introduced before 2004. Twenty-seven companies responded, covering 48 products.