Description: This web page provides an introduction to the results of a research project that explored the covariance and correlation among various insurance and non–insurance risks in the context of risk based capital. Links are provided to the report which is entitled 'A Procedure for Simulation with Constructed Copulas,' an RBC covariance bibliography, and an excel spreadsheet that provides an example of a constructed copula.

Description: This paper is intended to be a resource for actuaries and other professionals interested in learning more about longevity risk. It summarizes the results of the literature review by discussing observed trends and outlook on mortality, development of retirement markets, ways to mitigate risk, summary of products with risk exposure and quantification and management of the risk.

Description: Web page for posting this study on the financial reporting effect of the international accounting proposals on U.S contracts.

Description: Survey results for 2008 produced by the Policyholder Behavior in the Tail Risk Management Section Working Group in which insurers were asked about assumptions used with respect to policyholder behavior in universal life policies with secondary guarantees.

Description: This web site provides an introduction to a report that explores risk aggregation techniques used by insurers. The report is based on a survey of insurers that investigated general economic capital methodologies and processes, risk aggregation techniques and respondent critiques of current methods. A link is provided to the report entitled 'Economic Capital: Correlation Matrices and Other Techniques–A Survey and Discussion.'

Description: This web site provides an introduction to a report that examines approaches to operational risk management and considerations for establishing formal operational risk programs. A link is provided to the report which is entitled 'A New Approach for Managing Operational Risk.'

Description: This report identifies and reviews relevant literature with respect to the valuation of private placement debt [PPD] and real estate, develops a case study examining the effectiveness of an actuarial valuation methods for PPD, and proposes guidelines regarding the valuation of illiquid assets.

Description: 2009 Risks and Process of Retirement Survey Report of Findings

Description: A web page introducing a research report exploring functional and cognitive trends among assisted living facility residents.

Description: This report covers the latest emerging trends in U.S. population mortality. The SOA relied upon data furnished by the Centers for Disease Control and Prevention (CDC). Observations are based on the CDC’s recent release of 2020 mortality experience, along with prior mortality experience data from 1999 through 2019.