Description: The article is Part 1 of two articles that provide a case study for the development of a profitability and risk dashboard. The sample dashboard provides distilled information regarding actual to expected (A/E) ratios for key risks, agent quality scores and customer value scores. The dashboard would also provide the value of new business written, surplus strain, debit balances, and expected losses on debit balances at different levels, down to the agent level. A product mix index is provided, together with visual comparisons of key metrics to the company's business plan. The Part 2 article will add information to the dashboard regarding risk margins, target capital, and company value.

Description: Ideas to improve claim practices, thereby improving public perception of the LTCI industry.

Description: A discussion about the section’s accomplishments including research activities, professional development and benefits of being a member of the section.

Description: A bipartisan Maryland effort created a PUBLIC/PRIVATE Governor's Task Force to develop recommendations to educate residents regarding LTC risk and planning.

Description: This article is about how entrepreneur independent business owners can solve their day-to-day frustrations and problems with a simple and useful process for setting goals and building a plan to meet those goals.

Description: This article describes the author's experiences in implementing best practices in insurance regulation in Tanzania, outlining the challenges of the project.

Description: Applying the new GDPR terms to Actuarial work, to secure private data in portfolios while using those for pricing and reserving modelling in all business lines.

Description: A review for the book Younger Next Year by Chris Crowley and Henry Lodge, M.D. and how it ties with the Actuary of the Future Section by Dave Snell. Dave relates to his own experience and finds that among a list of activities that could make you younger, his volunteering experience with SoA certainly helped make him feel a lot better. The article concludes that we have control over how we age and let us all make our future “Strong, Fit, and Sexy—Until You’re 80 and Beyond.”

Description: Many top-performing businesses aren’t just risk aware, but rather risk intelligent. Such a posture helps prepare companies for a major event and can demonstrate to a regulator or auditor that an appropriately strong control framework is in place. Better still, companies gain real strategic value from a “risk adjusted” understanding not only of their threats and vulnerabilities, but also the upside opportunities associated with various risks. It starts with having both qualitative and quantitative information to identify, assess and manage risks. Strategic risk management, at its core, is about creating value by increasing transparency and accountability, and quality of information. More than a mere compliance exercise, effective risk management enables more informed strategic decision making, increased accountability and transparency, a greater likelihood of organizational success, and – ultimately – competitive advantage, as borne out by many studies that correlate risk management and financial results.

Description: An economic analysis of bariatric surgery and health care costs supports the case for health plans to cover these procedures.