Description: International case study discussing life insurance in Ghana.

Description: The first part of this article illustrates why long duration recurring premium products are particularly risky using the concept of fragility. The second part explores some ideas for antifragile products, which would enable the industry to benefit from the new banking requirements.

Description: Then and Now

Description: This article gives examples of how an actuary can live by the actuarial motto of substituting facts for appearances. The specific examples given are setting the mortality for table shaved individual life business and setting late duration lapse assumptions for level term business.

Description: Follow up of Illustration testing published in October 2015 on AG 49

Description: This article compares and contrasts the new 2017 CSO tables to the 2001 CSO tables and discusses considerations and possible implications of the new tables on reserves and the implementation schedule of the new tables.

Description: This article contains a summary of some of the Product Development Section presentations given at the 2017 SOA Annual Meeting & Exhibit in Boston this past October.

Description: Discussion of the RGA global survey of life insurers

Description: Understanding the volatility associated with audit samples, as well as breaking out the different contributors to estimated mortality impact are vital tools in helping actuaries and underwriters make informed decisions about less invasive underwriting programs. This article walks through a sample example demonstrating how to calculate these metrics.

Description: Are You A Product Actuary or A Marketing Actuary? Several years ago, the concept of a marketing actuary was in vogue. Many job titles were changed to reflect this new concept, and some new jobs were created. But the question is, did the job really change? There is a distinct difference between a product development actuary and a marketing actuary.