Description: The author discusses using a simple process for risk management.

Description: Session 4C: The Impact of Medical Advancements on Disability and Group Life

Description: This is the table of contents for presentations held at the New York Annual Meeting–October 18-23, 1998. From the Record of Society of Actuaries, 1998, Vol. 24, No. 3.

Description: Interview focusing on Claude Lamoureux and his experience with retirement programs and Ontario Teachers' Pension Plan.

Description: At the conclusion of the first part, attendees will be able to describe sources of reserve redundancy for products under Principle Based Reserve (PBR) and products under Commissioners' Annuity Reserve Valuation Method (CARVM). Such products include Term Life, Whole Life, Universal Life, and Fixed Annuity with and without rider. We will also review sources of capital redundancy from the C-1 factor under Risk-Based Capital (RBC) and assets such as Unrated Asset Credit Fund can have high C-1 factor even if its risks are limited. At the conclusion of the second part, the attendees will learn about potential Reserve Relief reinsurance solutions. Such solutions can provide Reserve Relief for annuity and term life businesses, as well as potential innovative asset-side solutions. Asset managers can structure assets that the C-1 factor aligned with the corresponding risk.

Description: The Society of Actuaries (SOA) Board of Directors (Board) gathered in Pittsburgh October 23-24. The Board is continuing to work on strengthening the profession and the SOA and to prepare members and candidates for the future.

Description: This report explores AI bias in insurance and health data, highlighting the ethical role of actuaries and offering cross-disciplinary guidance for fairer decision-making systems.

Description: Because of its complexity, ensuring the security of cyberspace is one of today’s most significant challenges. As the cyber environment becomes more integrated with the real world, the direct impact of cyber security incidents on business is also heightened. This study aims to develop a generic model that can be applied by any organization. For the validation of the developed cyber risk analysis method, simulations and sensitivity analysis will be performed.

Description: Excel spreadsheet for Extracting Subsets of Data from GHCN Daily Dataset.

Description: This memorandum is a supplement to the Long Term Care Experience Basic Table (“Experience Table”) that was published bythe Society of Actuaries (“SOA”) in April 2015 and revised in July 2015.