Description: Abstract of a paper examining the degree to which certain actuarial methods satisfy public pension plan funding objectives.

Description: The underlying premise of this paper is that enterprise risk management (ERM), as it continues to evolve as both a process and a collection of risk management techniques, can benefit from several different (but ultimately somewhat related) “megatrends.” The core of this paper concentrates on the impact on ERM of one of those megatrends: the emergence of a behavioral economics perspective, which is beginning to have a large impact on our understanding of the economy and on certain economic and business processes. The evolution and context of behavioral economics are described, and potential implications for the practice of ERM are discussed. The paper culminates with a variety of specific suggestions for ERM practice in response to findings from behavioral economics research, specifically a number of human cognitive dissonances inconsistent with traditional economic theory.

Description: The abstract for the paper Improving Pension Funding: What's in It for me?

Description: An experience with the implications of the corona virus whilst travelling in Asia

Description: This abstract describes a paper that studies the relation between the two basic random events associated with human mortality: birth and death.

Description: This abstract describes a paper that improves upon current multivariate statistical models for predicting the pre-payment rate of reverse mortgages, which are heavily data-driven. The prosposed model extends a semi-Markovian joint-life mortality model to incorporate three main termination modes of reverse mortgages: death, long-term care LTC entry, and non-health related termination.

Description: This abstract describes a presentation that presents several results on the (joint) moments, on the (joint) moments generating functions and on regression aspects of these discounted renewal sums.

Description: This abstract describes a paper that establishes the relationship among dimension reduction methods, the feature of discontinuity and the performance of QMC methods, with special interest in understanding why BB and PCA do not offer a consistent advantage in QMC.

Description: This abstract describes a paper that introduces an econometric (valuation) model which is less complex than the Wilkie model for valuing and managing financial risks associated with combined guaranteed minimum maturity benefit and guaranteed minimum death benefit (GMMB/GMDB) regarding segregated fund contracts in India.

Description: This abstract describes a paper that investigates important drivers of retirement age mortality using the U.S. health and retirement study.