Description: In today’s business world, many financial decisions undergo considerable analysis before the decision is made and the decision-maker is often held accountable for the outcomes. The purpose of this research is to introduce the concept of total risk analysis (TRA), which is designed to help the decision-maker answer key questions at the time the decision is made. This paper will focus on a specific example of a typical healthcare decision: setting a budget for claims in the upcoming year. In addition to explaining TRA and providing a case study, this paper presents quantitative research regarding cost distributions for health care costs.

Description: The Mortality and Longevity and Catastrophe and Climate Strategic Research Programs are pleased to make available a report summarizing an expert panel brought together to discuss the impact of wildfires on U.S. health and life insurers.

Description: The Society of Actuaries released research in 2007, performed by Jim Toole, that develops a model for a U.S. individual life insurance company to consider its potential liability exposure as a result of a pandemic. Sponsored by the Mortality and Longevity Strategic Research Program Steering Committee, this paper updates several model assumptions including mortality in light of COVID-19.

Description: Lincoln Financial Group announced the beginning of a two-year data and analytics talent upskilling program with the Society of Actuaries, a global professional organization for actuaries. The SOA will facilitate training for Lincoln employees through a customized multi-phase educational program focusing on big data and predictive analytics.

Description: This report explores AI bias in insurance and health data, highlighting the ethical role of actuaries and offering cross-disciplinary guidance for fairer decision-making systems.

Description: What role do retirement accounts and insurance products play in wealth inequality pre- and post-bankruptcy in Washington, DC, in 2011?

Description: The CIA, CAS Institute (iCAS) and the Society of Actuaries (SOA) are joining forces once again to launch the Predictive Analytics Hack-A-Thon!

Description: This is the full research report for the thirteenth Emerging Risk Survey which summarizes the results of the survey.

Description: This is the Demographic Perspectives on the Rise of Longevity abstract authored by Marie-Pier Bergeron Boucher, James W. Vaupel and Francisco Villavicencio for Session 4A of the January 13-15, 2020 Living to 100 Symposium in Orlando, Florida.

Description: This is the How Amending Old Age Security Would improve the State of Canadian Women Living in the Alone Stage of Retirement paper authored by Lori J. Curtis and Douglas W. Andrews for Session 5B of the January 13-15, 2020 Living to 100 Symposium in Orlando, Florida.