The third report of Canadian Insurance Industry Monthly Aggregate Data Analysis from the Canadian Institute of Actuaries is now available, providing data updated to the end of December 2020.
Episode 64 of the Seeing Beyond Risk podcast discusses the evolving landscape of mental health along with the impact of mental health claims on group benefits plans and proposes many interesting strategies to help organizations mitigate rising costs. But things are not so simple when it comes to mental health and there are many aspects to consider. Here we will delve deeper into some of the...
Many countries have experienced excess general population deaths in 2020 due to COVID-19, but do excess deaths in the general population translate into additional life insurance claims?
The impact of COVID-19 on morbidity experience is still unknown at this stage. In this article, Mario St-Hilaire and Steve Turmel discuss the key considerations that relate to the assumption-setting process for morbidity in these unprecedented times.
By Terence Narine, FCIA The content of this article should not be construed as an actuarial opinion or guidance on actuarial work. I do not have experience in some of the practice areas mentioned in this article, so my comments are made from the perspective of someone outside these areas. A black swan event can be viewed like the 1-in-200-year flood that we risk managers agonize over; a rare...
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