Description: The results obtained during the last one-third of the research project and the project at whole are presented. The report only contains brief descriptions of the results which are placed in addendums and which are in reality copies of papers and a chapter of a book submitted for publication. Some theoretical and applied problems induced by the research are discussed.

Description: In this paper, we propose measures of the risk that the value of the liabilities becomes larger than the value of the assets, and this especially for insurance companies. We study probabilities of mismatching and a degree of mismatching in unsegmented and multidimensional models of the balance, in which we stress the influence of interest rates on the active and passive side of the balance.

Description: The note begins with a short overview of key characteristics of a modern tontine. This is followed by a representation of a tontine flowchart that explicitly displays the components of a tontine and their relationships. The remainder of the note discusses the specifics of those components, including: the valuation and buy-in module, the active life test, settlement options, and periodic payments.

Description: Explore a general introduction to uplift modeling, a relatively newer area in machine learning which has been successfully used in retail (Wayfair etc.). The concepts are parallel to the intervention programs in health care, where we are interested in measuring the treatment effects and ultimately directing the right members to the most effective programs, driving the highest value for the programs both from a financial and health outcomes perspective.

Description: This presentation addresses the causes of cheating while encouraging student learning and growth.

Description: View information about the 2019.1 Actuarial Research Conference Proceedings.

Description: View information about the 2019.1 Actuarial Research Conference Proceedings