Description: The impact of bond default risk on retirement benefit obligations describes how the probability default on a bond is similar to the probability of death for an annuitant. Bonds are used to cash flow match retirement obligations cash flows to funding from bond. Just as the probability of non-payment happens on the liability side, we can do the same with selected bonds. The end result may be an adjustment to the discount rates used.

Description: Looks at free and inexpensive resources for the novice in predictive analytics, covering the data analysis theory as well as the most commonly used languages/software used in the field.

Description: Discussion the issues/difficulties associated with setting mortality assumptions for the later durations of life insurance illustrations. Because some UL products incorporate low cost of insurance charges in late durations as part of the current scale in the product design, some conclude that mortality improvement assumptions are being employed in the disciplined current scale, in violation of the Model Illustrations Regulation.

Description: Discussion of topics addressed at pricing methodologies seminar,including a review of the results of the Tillinghast Pricing Methodology Survey. This survey covers the most popular profit measures for various companies within various product lines. The concept of market consistent embedded value was also discussed, as well as a review of pricing indexed products. Finally, there were case studies presented on pricing Universal Life with Secondary Guarantees, Return of Premium Term and Variable Annuities with Living Benefits

Description: Discussion of how to measure actual to expected mortality experience in the life settlement market.

Description: Recognizing an opportunity to help serve its members in this age of increased financial oversight, the Health Section of the Society of Actuaries commissioned a series of guides on the use of statistical techniques specifically geared for the work of health actuaries. From Health Watch Newsletter, January 2008, Issue No. 57.

Description: Information about a social insurance modeling mini-seminar at the SOA’s 2010 Annual Meeting

Description: A discussion of the theoretically correct approach to the valuation of cross-border insurance ventures

Description: A risk map is an effective and dynamic tool in helping companies develop a broader view of their risks.

Description: The article describes the impact of AG 48 to a captive reinsurer for a SGUL product.