Description: Discussant comments from the session on Retirement Factors and Stages at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: This is a paper from the session on Mortality Projection and Cause of Death at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: This is a paper from the session on the Aging Process at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: This report provides a resource guide for asset-liability management practitioners, including methodology reviews, a survey of ALM practices, and guidance for applying ALM questions to real-world situations.

Description: This article discusses the potential characteristics of health care reform and the associated impact on small insurance companies.

Description: This research, based on data from regulatory filings in Ontario, with supplementary information from British Columbia and the United States, examines funding valuation discount rates.

Description: This paper is about the world's oldest-old population - those 80 years and older - and their life expectancy. It provides a few methods for extending the life tables to age 100 and beyond, and projects mortality patterns at very old ages.

Description: This paper evaluates the current practice of operational risk management in the insurance sector. Operational risk is nothing new in insurance, but, because of regulatory requirements, companies have initiated computation of risk capital for their operational losses. The current effort to manage operational risk is not a naturally evolving phenomenon, and operational risk, in the Basel Committee on Banking Supervision’s Basel II definition, is unlikely to be a significant cause of insurers’ failure. In addition, the current Basel II definition of operational risk is not suitable for the insurance sector. Consequently, the invention of models and tools based on the definition is incomplete and illusionary. My findings are based on the analysis of dozens of interviews with insurance industry professionals. I demonstrate the way operational risk is quantified in practice, show that the result obtained from this computation is of littl e use in managerial decision making and propose a set of policy recommendations illustrating the characteristics of operational risk in insurance. This study can be used as a platform for launching dialogues to initiate fresh thinking about operational risk in insurance beyond the current artificial and narrow boundaries.

Description: This is the session transcript from Session 6A: Mortality Improvement Approaches from the January 4-6, 2017 Living to 100 Symposium in Orlando.

Description: These are the discussant comments for the concurrent Session 2B: Older-Age Mortality Trends from the January 4-6, 2017 Living to 100 Symposium in Orlando.