Description: Summary of the SOA's research report Modern Deterministic Scenarios for Interest Rates, which developed interest rate scenarios for use in cash flow testing.

Description: This article explores strategies for optimizing actuarial models built on open system platforms. It begins by contrasting open and closed system modeling environments, emphasizing that users of open systems must take responsibility for in-house runtime optimization. The authors underscore the critical role that efficient, well-optimized models play in supporting a high-performing modeling team. To reinforce the techniques discussed, the article includes a case study focused on disability insurance modeling to offer practical insights.

Description: The author provides an overview of terms that have gained favor in sociology, physics, engineering and anthropology that should be of interest to actuaries.

Description: Summary of the SOA research project on PBR Simplified Methods. Describes the multi-risk scenario generator, central estimate assumptions, assumption objectivity measures, and regulatory demonstrations per VM-20.

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.