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: This article discusses the causes of total coverage on a life exceeding the jumbo limit found in automatic reinsurance treaties. Steps being considered and taken to address this problem are also discussed.

Description: The Canadian Institute of Actuaries (CIA) and the SOA are collaborating on certain types of research projects as part of a bigger initiative to enhance the support the SOA provides to Canadian members.

Description: Hubert Mueller describes why unit-linked products are increasingly popular in Europe and provides his outlook for continued growth.

Description: Chairman’s letter comparing risk management profile of the games of Craps and Life Settlements

Description: Feature article discussing the Life Settlements business: recent growth, pricing, and future of the business.

Description: List of recent publications that may be of interest to readers of Risk Management newsletter.

Description: Report summarizing the results of the 2019 PBITT UL with Secondary Guarantees Survey.

Description: As part of its work, the PBITT working group issued its annual survey to gather the range of assumptions actuaries use in pricing, reserving, and risk management of minimum guarantees on Variable Annuity products, such as death benefits, income benefits, withdrawal benefits and maturity benefits.