Description: This session discusses current short-term disability benefits, recent market trends, pricing and risk management issues. Includes a discussion on voluntary benefits, self-funding and packaging with long-term disability. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 93

Description: Panelists discuss a variety of recent developments in the group disability marketplace, including new risk-based-capital requirements, progress toward a new experience table, and the impact of war and recession. Also discussed was a new catastrophic-event LTD pool originated by John Hewitt & Associates [JHA]. From the 2002 Record of Society of Actuaries, Volume 28, No. 3. Session 81OF of the Boston Annual Meeting.

Description: This paper derives exact expressions for the ultimate ruin probability and establishes the effect of correlation on ruin probability using the Wiener-Hopf factorization.

Description: This paper looks at how smaller companies are expanding their operations in the disability income, accident and sickness field, what the problems and the expectations of satisfactory financial results are and how the Society can assist members in the constructive development of this business. A discussion of waiver of premium riders on life insurance policies was also discussed.

Description: This literature guide focuses on the distribution costs, especially the field compensation costs, that are incurred through the traditional general agency, branch office or brokerage structures for individual life, annuity and disability products.

Description: A review of how credit life and disability insurance is used in conjuction with real estate loans.

Description: This paper summarizes the salient techniques for evaluating and pricing the risks in group disability income coverages. This paper contains examples of how to evaluate short-term and long-term disability experience for developing manual rates. A discussion of the paper follows. From Transactions of Society of Actuaries 1990, Vol. 42.

Description: The author discusses group short-term disability or STD programs, including the advantages and disadvantages of self insured vs. insured plans, as well as hybrid approaches.

Description: Covers the 1978 - 1982 morbidity experience for employer/employee groups.

Description: A contingency table is a set of counts or frequencies obtained by classifying observations in two or more different ways. Log-linear analysis is applied to disability terminations, linking them to variables such as sex, age, region and maximum benefit period. Application to risk classification and underwriting are outlines.