Actuarial News

A Presentation by Claude Penland, Associate of the Casualty Actuarial Society

Topics We Will Cover
‡ ‡ ‡ ‡ ‡ ‡ Technical News Actuarial Careers Regional News Global News Regulatory News Reinsurance ‡ ‡ ‡ ‡ Actuaries in the News Professional Questions Other Actuarial News Wrap Up

Technical News
‡ Catastrophe Risk Trends PowerPoint Presentation ‡ Predictive Analytics, Modeling News and Trends Presentation ‡ Pension Risk Trends, News and Info Presentation ‡ Takaful and Retakaful Trends PowerPoint Presentation

Technical News, Two
‡ Lifetime Income Options, including Annuities, discussed regarding 401(k)s ‡ Actuary discusses Modeling Loss Reserve Risk ‡ Emerging Risk in Life Insurance, A New Approach for Actuaries ‡ Government-issued longevity bonds as an insurance trend to watch

Technical News, Three
‡ Healthcare receivables securitization trends ‡ SCOR Global Risk Center Launched at ‡ Casualty Actuarial Society Meeting Presentations Database Online ‡ Competitive Market Analysis of Auto Insurance Companies

Technical News, Four
‡ Open Source Insurance Loss Simulation Model Released by the Casualty Actuarial Society ‡ Nyhart Actuaries Design New 401(k) Plan ‡ Medical Malpractice Costs to Increase a Bunch, Premiums to Follow ‡ Annual Retiree Healthcare Costs in New Jersey for State Employees to double

Actuarial Careers
‡ The C-Level Actuary: How Did Actuaries Get Beyond Their Actuarial Jobs? ‡ Will the CERA become the ³gold standard´ for risk management? ‡ Classroom Guide for Actuaries Published by the Actuarial Foundation ‡ Actuarial Careers Named One of Fifty Best Careers for 2011

Actuarial Jobs, Two
‡ A Comparison of Three Disciplines¶ Insurance Salary Surveys¶ Medians, C-level ‡ ³There are almost no unemployed experienced actuaries´ ‡ Actuarial Science very, very popular major among Overseas Students in the US ‡ Actuarial Intern discusses her Actuarial Internship at Allstate

Actuarial Jobs, Three
‡ Actuarial Jobs are too hard to fill, say recruiters ‡ Actuarial Students sought by the Casualty Actuarial Society ‡ Lloyd¶s Managing Agents hire 126 actuaries. Solvency II a major reason. ‡ Solvency II expected to create 250+ actuarial jobs in Ireland

Actuarial Jobs, Four
‡ Captive Insurance Jobs up in Vermont: Accountants, Actuaries, Lawyers ‡ Actuaries and risk analysts working in virtual economies? ‡ States individually plan to hire actuaries to review health rates

Regional News: North America
‡ Actuarial Obesity Study of Canada and United States Estimates $300 Billion Economic Cost ‡ US Social Security¶s Future ‡ Michigan State University Adds Actuarial Science Degree

Regional News: North America, Two
‡ Potential Pandemic Price Pegged by Society of Actuaries at up to $290 billion ‡ 10 Barriers to Retirement Planning Advice Identified by the Society of Actuaries

Regional News: Europe
‡ 108 European Insurance and Reinsurance News Highlights, Trends ‡ Check Out the $51 Billion Windstorm Europe Will Need to Prepare For Under Solvency II ‡ UK Actuaries funding Enterprise Risk Management Projects

Regional news: Europe, Two
‡ UK Charities with compulsory pension enrollment might have problems ‡ New United Kingdom Actuarial Motto ‡ ³Pirate Attacks Make Risk Estimation Difficult´, say UK Actuaries

Regional News: Bermuda
‡ Bermuda Insurance Reinsurance Stories and Transactions, PowerPoint Presentation

Regional News: Asia
‡ 17 Highlights from the Insurance Market in India ‡ India¶s Regulator tells 24 Property & Casualty Insurers to Hire More Actuaries ‡ Institute of Actuaries of India Aims to Expand into South Asia and Asia Pacific

Regional News: Asia, Two
‡ China and Hong Kong PowerPoint Presentation, Insurance Wrap Up ‡ China Association of Actuaries looks to join the IAA

Worldwide News
‡ Insurance Mergers / Acquisitions Trends, News, Presentation ‡ Startups in Insurance, Reinsurance Presentation ‡ Global Chartered Enterprise Risk Analyst Website Launched

Worldwide News, Two
‡ Enterprise Risk Management, the Role of Actuaries ‡ Mobile Payments in Emerging Economies could help Insurance Penetration ‡ Which Insurance Companies have the most Twitter followers?

Regulation News
‡ Solvency II PowerPoint Presentation ‡ The Future of Insurance Regulation, from the Actuarial Review ‡ NAIC Life and Health Actuarial Task Force To Weigh In on IASB Proposals

Regulation News, Two
‡ Azerbaijan to License Actuaries ‡ Groupe Consultatif Actuariel Européen Explains Insurer Insolvencies vs. Bank Failures ‡ First actuaries certified in Armenia

‡ Reinsurance Trends, News, Analysis PowerPoint Presentation ‡ Alex Krutov¶s recent Insurance-Linked Securities book, a review ‡ Reinsurance C-Level Salary Survey

Actuaries in the News
‡ Brian Duperreault, Actuary, CEO, Elected to Insurance Hall of Fame ‡ Former Actuary Writes Book, ³The Influential Actuary´ ‡ Governance Task Force Report Released by the American Academy of Actuaries ‡ David Axene finds errors in health insurance rate calculations

Actuaries in the News, Two
‡ Actuarial Awards Announced in Europe ‡ University of St. Thomas Wins Travelers Actuarial Case Competition ‡ Actuarial Science Scholarships at Illinois State University

Professional Questions
‡ Who is more Dangerous, a Serial Killer or your Life Partner? ‡ Is Chief Actuary the Most Visible Example of Actuarial Professionalism Today? ‡ Eddie Smith, Actuary, Discusses Web 2.0 and Actuaries ‡ Cavanaugh Macdonald Consulting Receives Patent on Interest Rate Smoothing Algorithm

Professional Questions, Two
‡ Powerful Hospitals Increase Prices? Powerful Health Insurers Hold Prices In Check? ‡ NY Times discusses US States¶ Pension Accounting ‡ What is Dynamic Financial Analysis? ‡ Should New Jersey Declare Bankruptcy Over Their Pension Deficit?

Other Actuarial News
‡ London Life/Great-West Life to Pay $455.7 million based on Actuary¶s lawsuit ‡ Online casinos taking bets on hurricanes ‡ Casualty Actuarial Society High School Scholarship for Diversity

Other Actuarial News, Two
‡ Actuaries Rock ‡ The Band Blind Actuaries is Back

Wrap Up
‡ On, I write at least six posts a day on the business issues that I explore daily. These include Insurance News, M&A, Startups & Trends; Web Development & Trends; Web Startups; Odd Business Ideas; Global Finance & Investment; Reinsurance; Catastrophe Risk; Predictive Analytics; Solvency II; Pensions; Risk Management and Takaful. ‡ Thank you!