Description: Private LTC insurers are paving the way for value-based care through working to implement care management programs that improve the lives of their policyholders before and during a claim. However, measuring the effectiveness of these new programs is a challenging task. In this article, we will explore powerful tools that can enhance traditional effectiveness studies and address some of their existing weaknesses.

Description: "This session explores the impact of climate change on mortality trends, drawing insights from a South African study that examines the relationship between rising temperatures, extreme weather events, and excess deaths. We will discuss the key findings, statistical methods used (including copulas for dependency modeling), and the broader implications for insurers, reinsurers, and policymakers. The session will also touch on how climate risk is increasingly shaping actuarial assumptions, pricing, and capital management. By the end of this session, participants will: - Understand the relationship between climate change and mortality trends, with a focus on South African data. - Explore statistical methodologies, including copula modeling, to assess dependencies between temperature and excess deaths. - Assess the implications of climate-related mortality risks for life insurance and reinsurance. - Identify potential adaptations in underwriting, pricing, and capital management to account for climate risk."