- Solvency II annual reporting: Variation analysis templates
By Barry Murphy, Cormac Gleeson | 26 April 2018
Undertakings completing their second full year of Solvency II reporting are required to submit four additional reporting templates, which weren’t required for the inaugural submission.
- Case study part 2: Improving financial projections for long-term care insurance with predictive analytics
By Missy Gordon, Joe Long | 25 April 2018
This study dives deeper into how predictive analytics can be used to help overcome some of the challenges in developing accurate financial projections of long-term care insurance.
- Utilization: A review of two projection methods
By Jeremy Hamilton, Tim F. Kempen | 25 April 2018
This article focuses on two methods for using current utilization levels to develop utilization assumptions for future durations: an “average utilization” method and a “distribution” method.
- Analysis: Retirees’ spending falls faster than expected into old age
By Jeff Gebler | 23 April 2018
According to a Milliman analysis, the financial services industry may have underestimated the dramatic falloff in retiree spending as retirees age.
- Analysis of non-life insurers' Solvency and Financial Condition Reports: European and Polish non-life insurers - Year-end 2016
By Marcin Krzykowski, Jarosław Lech | 23 April 2018
Our European analysis of the non-life market covers 140 companies from 11 countries, which together comprise more than €141 billion of gross written premium (GWP) and nearly €224 billion of gross technical provisions, and our Polish analysis is based on 14 solo companies pursuing non-life business in Poland, representing circa 89% of the GWP of the Polish non-life market in 2016.
- Analysis of life insurers' Solvency and Financial Condition Reports: European and Polish life insurers - Year-end 2016
By Marcin Krzykowski, Jarosław Lech | 23 April 2018
Our analysis of the European life insurance market covers 200 companies from 13 countries, representing approximately €475 billion in gross written premium and approximately €4,700 billion of gross technical provisions.
- Tweeting yourself out of a job: Do social media influencers need reputational risk insurance?
By Madeline Johnson | 20 April 2018
Individuals who rely on their name for income may have a need for some type of reputation risk or business interruption insurance, but could such a product exist?
- PRA’s Consultation Paper on modelling of the volatility adjustment for internal model firms
By Robert Bugg, Lyndsay Wrobel | 20 April 2018
The proposal to consider applications from internal model firms that include a Dynamic Volatility Adjustment is relevant to UK Solvency II firms and to the Society of Lloyd’s and its managing agents, and most relevant to firms with, or seeking, Volatility Adjustment approval and which use, or may develop in the future, a full or partial internal model to determine the Solvency Capital Requirement.
- How changing opioid prescribing patterns can impact risk scores
By Christine M. Mytelka, Melanie K. Kuester, Colin R. Gray, Lucas Everheart | 19 April 2018
This brief provides data on the decline in opioids prescribed to Medicaid expansion populations and the increased use of other non-opioid pain relief drugs.
- 2018 Corporate Pension Funding Study
By Zorast Wadia, Alan H. Perry, Charles J. Clark | 18 April 2018
During 2017, the private single-employer defined benefit plans of the Milliman 100 companies made significant funding improvements.