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The Entitlement Paradox
The Entitlement Paradox Demonstrating that incentive maximization could lead to failure using game theory. This is illustrated by the optimum strategy for the Prisoner Dilemma single period, ...- Authors: Russell Sears
- Date: Jun 2013
- Competency: Strategic Insight and Integration>Effective decision-making; Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Topics: Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Enterprise Risk Management>Risk measurement - ERM; Enterprise Risk Management>Strategic risks
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Minimally Destructive Scenarios and Cognitive Bias
Minimally Destructive Scenarios and Cognitive Bias The author recommends the use of "minimally destructive scenarios" as part of an ORSA process, in order to deal with cognitive ...- Authors: Mary Campbell
- Date: May 2012
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Topics: Enterprise Risk Management>Risk appetite; Enterprise Risk Management>Risk measurement - ERM; Modeling & Statistical Methods>Sensitivity testing
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Session 1: Opening General Session
Session 1: Opening General Session What is the impact of aging populations on economic growth and interest rates?” “Are low interest rates and inflation a short-term phenomenon?” “How will ...- Authors: Society of Actuaries, Richard Hokenson
- Date: Mar 2018
- Competency: Professional Values>Ethical standards; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Topics: Finance & Investments>Asset allocation; Finance & Investments>Asset liability management; Finance & Investments>Derivatives; Finance & Investments>Investments; Finance & Investments>Investment strategy - Finance & Investments; Finance & Investments>Portfolio management - Finance & Investments
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Avian Flu: Bracing for a Pandemic
Avian Flu: Bracing for a Pandemic Discussion of the economics of a possible H5N1 pandemic, and its impact on Life, Health, and Property and Casualty insurers, in terms of areas of risk, ...- Authors: Darrell Knapp
- Date: Jul 2006
- Competency: External Forces & Industry Knowledge>External forces and business performance; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Topics: Economics>Health economics; Enterprise Risk Management>Capital management - ERM; Enterprise Risk Management>Operational risks; Life Insurance>Underwriting - Life Insurance
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Article in August 2013 issue of The Actuary
Article in August 2013 issue of The Actuary The author compares and contrasts methodologies used for value investing and enterprise risk management. Enterprise risk management=ERM;Portfolio ...- Authors: Max Rudolph
- Date: Aug 2013
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: The Actuary Magazine
- Topics: Enterprise Risk Management>Capital management - ERM; Enterprise Risk Management>Portfolio management - ERM; Finance & Investments>Portfolio management - Finance & Investments
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LEARN Goes Carribean
LEARN Goes Carribean An overview of reinsurance training class provided to the Bermuda Monetary Authority (Authority) and Central Bank of Trinidad and Tobago (Central Bank) covering all aspects ...- Authors: Michael Frank, Larry Stern
- Date: May 2016
- Competency: Leadership>Thought leadership; Professional Values>Practice expertise; Professional Values>Public interest representation; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: International News
- Topics: Actuarial Profession>Professional development; Enterprise Risk Management>Capital management - ERM; Public Policy; Reinsurance
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An Actuarial Summer
An Actuarial Summer The author describes the 29th. edition of the International Summer School, held in Lausanne, Switzerland, organized by the Swiss Association of Actuaries. Risk ...- Authors: Carlos Arocha
- Date: Jan 2017
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: International News
- Topics: Actuarial Profession>Academic partnerships; Actuarial Profession>Professional development; Enterprise Risk Management
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Asset Adequacy Analysis for the Long-TermCare Product: A Case Study
Asset Adequacy Analysis for the Long-TermCare Product: A Case Study Asset Adequacy Analysis for the Long-Term Care Product: A Case Study by Amy Pahl from Long-Term Care Newsletter, December 2004, ...- Authors: Amy Pahl
- Date: Dec 2004
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Long-Term Care News
- Topics: Finance & Investments>Investment strategy - Finance & Investments; Long-term Care
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Managing Restoration of Benefits Provisions in LTCI Policies
Managing Restoration of Benefits Provisions in LTCI Policies Restoration of Benefits ROB: the provision of a long-term care policy that allows policyholders to restore their maximum benefit ...- Authors: Stephen R La Pierre
- Date: Sep 2010
- Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance
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Rate Increase Approaches Impact LTC Policyholder Behavior
Rate Increase Approaches Impact LTC Policyholder Behavior Approaches to filing, approving and implementing LTC rate increases impact policyholder behavior regarding retaining/modifying their ...- Authors: Raymond Nelson
- Date: Dec 2017
- Competency: External Forces & Industry Knowledge>External forces and business performance; External Forces & Industry Knowledge>Internal forces and business performance; Professional Values>Practice expertise; Results-Oriented Solutions>Actionable recommendations; Results-Oriented Solutions>Assess decision effectiveness; Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: General Insurance (Property & Casualty)>Policyholder behavior - General Insurance; Long-term Care>Long-term care insurance