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Nancy Watkins discusses the potential of flood insurance for the private market.

Milliman says that gross takaful contribution in Africa increased at a compound annual growth rate of 19% between 2012 and 2015 (subscription required).

Milliman says that the takaful market in Malaysia is expected to grow on the back of continuing government support in the form of robust regulations, increasing public awareness and the availability of suitable assets for investment.

Mike Meehan was recently named to the Captive Review Power 50, a ranking of the 50 most influential professionals in the global captive insurance industry.

CNN quotes a Milliman study in an article on the proposed Republican healthcare bill.

Milliman estimates that if insurers were allowed to charge older people five times more than young ones, adults in their 20s would see their annual premiums drop by 15% next year.

According to Milliman’s Global Takaful Report 2017, the global takaful market had a volume of $14.9 billion in gross written contributions as per the latest available figures of 2015.

Russell Ward says retirees should be careful with products that provide guarantees.

Milliman says that defined benefit pension plans typically use return assumptions of 4.25% at the moment.

Jim O’Connor says that insurers almost certainly won’t sell health policies at the same price in multiple states.

Tom Snook says that the problems the health exchanges are having in Arizona are indicative of those problems nationwide.

Milliman is partnering with the Robert Wood Johnson Foundation on the Actuarial Challenge, a competition in which teams of actuaries will develop and test feasible solutions to improve the performance of the individual health insurance market.

Becky Sielman says that, for the last few years, public pensions have been hunkering down and lowering assumed rates of return.

"The Actuary and Enterprise Risk Management: Integrating Reserve Variability,” written by Jeffrey Courchene and Mark Shapland, was chosen as the winner in the “Best Practical Tool to Accompany a Paper” category for the 2016 Reserves Call for Papers from the Casualty Actuarial Society.

This paper was chosen as the winner in the “Best Practical Tool to Accompany a Paper” category for the 2016 Reserves Call for Papers from the Casualty Actuarial Society.

Nancy Watkins and Matt Chamberlain discuss the increased interest in the private flood insurance market and catastrophe flood models.

Nancy Watkins says consumers and others are searching for alternatives in the wake of rising premiums for flood insurance.

Tom Snook says that the industry is underestimating the cost of the ACA market.

Matt Chamberlain and Nancy Watkins discuss a different way to map flood risk.

Milliman says Medicaid insurers may have several advantages over companies grounded in traditional insurance coverage.

Zorast Wadia says that for some of the 100 largest pension plans, there has been a conscious effort to move more into the fixed income area.