Description: Presented at Living to 100 Symposium, January 2002. This paper is a first attempt to assess which group of mortality trajectories proposed by various researchers is confirmed by empirical data between the age of 110 and 115 years when the exponential trajectories on the one hand and the logistic or quadratic trajectories on the other hand have diverged sufficiently.

Description: This report describes the results of a survey on reflecting risk in pricing. The survey expands on one conducted in 2003 and was expanded to include life, health, P&C, and non-North American insurance companies.

Description: An article giving a summary of the Asia Pacific Teaching Conference that took place in Bangkok in December 2022. This article will be disseminated via SOA News Weekly, which will link to the article on soa.org.

Description: 2011 SOA International Financial Reporting for Insurers Seminar, Hong Kong. This is a spreadsheet associated with Session 23 – Residual Margins Workshop held at the 2011 SOA International Financial Reporting for Insurers Seminar in Hong Kong.

Description: This article discusses the causes of the 1918 influenza pandemic, the reasons it occurred and the likelihood that it could happen again. In addition, the author discussed ways, in general, to model and manage risks that occur infrequently, yet have a significant impact.

Description: Presented at Living to 100 symposium, January 2002. This paper proposes a standard operating procedure for testing the Gompertz assumption using yearly age-specific mortality data, and the impacts of the data collection period and population sizes on the testing results are discussed.

Description: Presented at the Living to 100 Symposium, January 2011. This study explores increasing life expectancy by examining the basic properties of survival curves. Specifically, the author checks for signs of mortality compression, using a non-traditional approach. The results indicate that human longevity is likely to increase, at least for a while, and longevity risk should be seriously considered in pricing annuity products. Some suggestions for dealing with the longevity risk are also proposed.

Description: The importance and opportunity, globally, of inclusive insurance is identified. We review traditional actuarial approaches, recognize their underlying presumptions, and then manage the issues raised. We clarify the process distinctions between traditional and inclusive insurance.

Description: Looking at the future, a panel of executives from leading global reinsurers predicted a broader framework in which capital markets, reinsurers and direct writers would be able to provide ways to offer or free up capital.

Description: This article discusses the Insurer Solvency Assessment – Towards a Global Framework report prepared by the IAA Insurer Solvency Assessment Working Party WP. The conclusions of the report are consistent with the three pillar approach to the regulation of financial service entities that is reflected in the Basel Accord for the regulation of banks internationally. The pillars are: Pillar I: Minimum financial requirements. Pillar II: Supervisory review process. Pillar III: Measures to foster market discipline.