Opioid abuse and misuse are an emerging concern to society as well as insurers. In this video, Vincent Prange discusses RGA’s data-driven analysis, exploring key relationships between socioeconomic attributes and opioid related mortality. Through th
The Current Topics paper is an initiative of the Society's Recent Qualifiers Committee. It is produced by recently qualified actuaries, with oversight from experienced colleagues, and provides a summary of recent developments from the following practice a
In this video, RGA’s Erik Pronovost discusses the challenges that life and health insurance insurers are facing, and opportunities to use reinsurance to lower risk and improve financial performance. He describes several scenarios in which reinsuranc
First webcast of the 2020 EAA Week by Dr. Frank Schiller.
Authors: Christine Arentz und Frank Wild (WIP), Holger Eich and Maik Moritz (PKV) in German language This session will present the research results of two WIP studies on aspects of the Social Care Insurance (SCI). The first study provides a premium simula
It is estimated that by 2050, nearly 70% of the world’s population will live in cities. Anticipated benefits of city life include cultural diversity, improved infrastructure, easier access to cutting-edge technology, jobs, and public health services
In this video, RGA's Peter Barrett, Senior Vice President and Head of GST Underwriting, Claims and Medical Support, discusses insurers’ use of policy exclusions, including their impact on risk management today, and their potential role in the future
by Nick van der Nest (Munich Re)
by Alain Peddle (Ping An Health)
Disability Income (DI) is a growing area of need in addressing the gap in protection all across Asia. One third of people will have experienced some illness or accident that prevents them from working before their retirement age. We will take you through
This session aims to share the findings from Voice of Customers (VOC) and Voice of Distributors (VOD), diabetes management program, as well as the product design of CI products for the diabetics in Singapore.
Developing mortality, morbidity and lapse rate tables can be fun! In his presentation, Kai Kaufhold, a recently joined member of the SAS, will demonstrate how statistical analysis at the level of the individual can make the crazy responsive actuary even m
Can incentives really change physical activity?
Both scientists and doctors have found convincing evidence linking many chronic diseases with diet, but competing interests have prevented the progress we might otherwise expect. Actuaries can help.
How can the Life & Health reinsurance market respond to the primary industry challenges? Low interest rates: can reinsurance meet historically unmet needs? How to use reinsurance capital and shift to capital-lighter business?
In this short video, RGA’s Dr. Daniel Zimmerman discusses the rapidly developing technology of liquid biopsies. He defines what they are, what impact they will likely have on clinical medicine, and how they might impact insurers.
Over the last years, labour markets are quickly changing due to ageing population, technological innovations and arising of new professions. In this evolving context, how can we manage â€œlongevity riskâ€? Is survival always i
The increase in healthcare costs is one of the most important global problems, with a strong impact on the insurance industry, and in particular in the health sector, since by definition the insurer receives from its clients in advance an amount of premiu
If people are affected by a serious disease such as cancer, they often need a protection of their income or financial support to cover the cost of state of the art treatment. For these cases, Critical Illness (CI) insurance with its prompt lump sum paymen
There are a wide range of Reserving methods out there, but due to time constraints and prior preferences, actuaries very often confine themselves to a single or minimal number of methods in their work. As certain trends very often invalidate the underlyin
While current demographic and economic changes have implications for both pension and healthcare schemes, addressing financial sustainability of health care systems entails a somewhat distinctive approach. Throughout this paper we will propose a framework
The Actuarial Society of South Africa has implemented a new outcomes-based Continuing Professional Development process. Based on survey results just out, members feel overwhelmingly that it is a useful exercise that adds real value. In this session, Actua
A joint presentation by a health care actuary at one of South Africa's leading managed care companies, Medscheme, and a high profile scientist, clinician, professor, sportsman and acclaimed author, Prof Tim Noakes. The low-carbohydrate, high-fat diet, oft
“Brandon Does Diffraction” The Actuarial Society of South Africa has implemented a new outcomes-based Continuing Professional Development process. Based on survey results just out, members feel overwhelmingly that it is a useful exercise that
Health insurance is growing in prominence in Africa as more international insurers enter the various markets to compete with the existing local insurers. This talk will provide high level insight to the current situation, from the challenges of navigating
It is time for the actuary and the insurance industry to review and redefine the strategies employed to enabling access to the uninsured markets in South Africa. With the client being the core of the strategy and we must start engaging with our communitie
Late joiner penalties as stipulated in the Medical Schemes Act (MSA) – how should these be structured? The purpose of the discussion will be to unpack the late joiner penalties. This will focus on both the funder side as well as the beneficiary side
IPMI is a comprehensive insurance product to cover medical cost worldwide and appealed to a niche market. Policyholders have the flexibility to see a preferred doctor close to home or specialist in another country. The purpose of the study is to understan