Contingencies
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Special Section
30th Anniversary
By Shawna Ackerman Happy 30th, Contingencies! A Google search of the year 1989 reveals (the first) George Bush was sworn in as president of the United States in January, China’s Tiananmen Square protests happened in April, Hurricane Hugo... Read More
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Unlocking Potential—New combination long-term care insurance solutions show promise
By Carl Friedrich, Dan Nitz, Al Schmitz, and Deyu Zhou The coming long-term care (LTC) crisis has been well documented. More and more Baby Boomers are turning 65 every day and the need for financial protection from an LTC event continues to grow.... Read More
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Drilling Down on Drug Prices—An actuary’s perspective on the pharmaceutical development pipeline
By Keith Passwater & Dave Nelson Introduction Extending life and improving quality of life for literally millions, drug treatments such as aspirin, penicillin, insulin, AZT, cancer drug Herceptin, Harvoni, and Lipitor are nothing short of... Read More
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Taking Stock—Mutual funds: what we can learn from history
By Allen Ellstein The following article discusses the history of mutual funds and what we can learn from it. While funds have been around since the 1920s, it was only in the 1950s that they started to become a popular vehicle for the average... Read More
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How to Fight Fake News—Cognitive biases can make discerning truth from fiction difficult, but recent research suggests there may be hope
[adrotate banner="8"] By Jeff Reeves Precept 1 of the Code of Professional Conduct that all practicing U.S. actuaries must adhere to says, in part, that actuaries should “act honestly, with integrity and competence” and that they should... Read More
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A Clear Target—How GAAP ‘targeted improvements’ may change how insurance companies manage their business
[adrotate banner="8"] By Tom Jaros There is an old adage: “What gets measured, gets managed.” Under generally accepted accounting principles (GAAP) targeted improvements, much more will be measured. This added clarity will allow internal... Read More
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Hitting the Wall—Why investors can expect lower returns in the near future, and for a long time to come
[adrotate banner="8"] By R. Evan Inglis We haven’t come fully to grips with it yet, but our financial world is going through a massive transition that will create challenges for investors in public and private markets. Pension plans,... Read More
Tradecraft
IFRS 17 Challenges for Reinsurance: Fitting a Square Peg in a Round Hole
Date Published: 09/01/2023
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Tradecraft
Generating Value From the Insurance Innovation Journey
Date Published: 07/03/2023
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Tradecraft
Medicaid/CHIP Medical Loss Ratios—Lessons From the First Years of Regulatory Reporting
Date Published: 11/01/2022
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Tradecraft
Scottish Widows Demutualization and Acquisition by Lloyds TSB
Date Published: 07/01/2022
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Tradecraft
Increases in BMI Among Applicants in the Life Insurance Marketplace During the COVID-19 Pandemic
Date Published: 01/05/2022
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Tradecraft
Applying Predictive Analytics for Insurance Assumptions—Setting Practical Lessons
Date Published: 09/01/2021
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Tradecraft
Developing a Conservation Strategy for Life Insurance to Combat the Impact of COVID-19
Date Published: 07/01/2020
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Tradecraft
Applying Predictive Analytics for Insurance Assumptions-Setting—When, Why … and Why Not
Date Published: 04/30/2019
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