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Handling LTC Misestimation Risks

Handling LTC Misestimation Risks One of the dangers in any sort of modeling, whether for insurance experience or in financial portfolios, is becoming too reliant upon statistics and models, and ...
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Description: One of the dangers in any sort of modeling, whether for insurance experience or in financial portfolios, is becoming too reliant upon statistics and models, and not keeping reasoned, experienced judgment in sight. This article provides ways to address adverse experience possibilities resulting from misestimation risk.
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- Authors: Bruce Stahl
- Date: Sep 2010
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Long-term Care

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Handling LTC Misestimation Risks