By Steve Schumacher, FSA, MAAA Read the report Prior to RGA completing its first Post Level Term lapse and mortality study with the SOA in 2009, a wide range of assumptions was in use by actuaries with little industry-wide late-duration level term experience available to compare against. This first study analyzed shock lapse and mortality deterioration assumptions and experience by a variety of...
Factsheet: Pension Commuted Values
In a newly published CIA factsheet, we delve deeper into pension commuted values.
In memoriam: Claude Castonguay (1929–2020)
Claude Castonguay, actuary and visionary, passed away on December 12 at the age of 91. Castonguay was one of the most prominent members of the Canadian actuarial profession. We remember him here.
Real Time Delphi study of four economic variables
Developing estimates of future economic variables is a core actuarial skill, which normally combines data analysis with professional judgment. A technique known as the Real Time Delphi method is another means by which to accomplish this, leveraging the judgment of experts to arrive at a consensus forecast. A recent joint study with the Society of Actuaries applied this process to four key...
Infrastructure investments
Infrastructure investments are an asset class that can provide additional investment options for both insurance companies and pension plans. To learn more about these investments, we are joined by Caroline Grandoit, ACIA, FSA, who will outline the characteristics of these assets, their risk-return profile, how they can be used by actuaries, and what impact the current pandemic could potentially...
