Description: Combo long-term care insurance products provide a viable option for the insurance industry to offer a sufficient range and supply of private long-term care financing solutions.

Description: Reviews basic desirable features in an economic scenario generator. Discusses basics of model structure and validation process

Description: Written from a regulatory perspective, the article covers the purpose of regulation and some regulatory expectations. The topics include the appointed actuary's involvement in corporate governance, reasonability of results when compared to prior results, data quality, familiarity with the company's annual statement and applicable statutes, and areas where appointed actuaries can add value though services provided to smaller life insurance companies.

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: Read the March 2018 issue of Small Talk published by Smaller Insurance Company Section. Practical information on trends that impact sections and activities.

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: Illustrates key differences, in earnings for a segment of term insurance, between current GAAP standards and GAAP targeted improvements (based on tentative board decisions preceding the release of an exposure draft).

Description: This actually is a copy of an appendix of a research paper sponsored by the SOA Committee on Finance Research. You can read the entire research paper: “Lapse Modeling for the Post-Level Period—a Practical Application of Predictive Modeling” at the SOA site https://www.soa.org/Research/Research-Projects/Finance-Investment/lapse-2015-modeling-post-level/#sthash.W9lERSls.dpbs, but you can read this valuable appendix copied here in this issue to see how to build a PM step-by-step using your data and the R programming language. We thank Richard Xu, Dihui Lai, Minyu Cao, Scott Rushing, and Tim Rozar for their excellent paper and the Society of Actuaries, for the permission to reprint this portion of the paper.

Description: Read the October 2017 issue of Health Watch, published by the Health Section. Practical information for actuaries, articles impact sections, section activities.

Description: The article reviews high-deductible health plans and poor reimbursement for mental health providers as being the root of 3 devastating problems facing the US.