- Life insurance capital regimes in Asia
By Clement Bonnet, Brian Colgan, Farzana Ismail, Michael Daly, Sharon Huang, Philip Jackson, Joseph Kim, Atsushi Okawa, Wing F. Wong, Wen Yee Lee | 09 July 2019
This report covers the capital regimes in 10 markets in Asia plus the 2018 International Capital Standard field test.
- Universal life and indexed universal life issues, 2018/2019 survey
By Carl A. Friedrich, Susan J. Saip | 09 July 2019
Twelfth annual survey addressing UL and IUL life insurance market issues.
- EIOPA thematic review: Big Data Analytics in insurance
By Matthew McIlvanna, Eamonn Phelan, Eoin O Baoighill | 08 July 2019
This briefing note summarises EIOPA’s recent report on its thematic review of the uses of big data analytics in motor and health insurance.
- Liquidity risk management: An area of increased focus for insurers
By Claire Booth, Paul Fulcher, Fred Vosvenieks, Russell Ward | 03 July 2019
This paper provides some context for a discussion of insurer liquidity risk, exploring sources of that risk and providing some examples of where it has challenged insurers in the past.
- Critical Point Episode 15: Key takeaways for insurers managing the US GAAP Targeted improvements
By William C. Hines, François Dauphin | 01 July 2019
Insurance companies that issue long-duration contracts (LDTI) can expect volatility, increased data and disclosure requirements, and the potential for a new market for reinsurers thanks to recent accounting changes, according to Milliman’s William Hines and Francois Dauphin. In the latest episode of Critical Point, Milliman’s life insurance actuaries discuss key takeaways from the Financial Accounting Standards Board (FASB) Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI), which will require significant risk management and has a go-live date of January 2021.
- 2018 IFRS Preparedness Survey
By William Smith, Jennifer Strickland, Edward Morgan, Marcin Krzykowski | 01 July 2019
In 2018, Milliman conducted a global survey to measure the preparedness of insurers and reinsurers for the new international accounting standard, International Financial Reporting Standard 17.
- Hedge Cost Index June 2019
By Ram Kelkar, Daren Lockwood, Xiaohong Mo, Adam Schenck | 01 July 2019
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 173 bps as of the end of June 2019, up 14 basis points from the previous month, driven by a decrease in long-term interest rates.
- Summary of key results from 2018 U.S. Group Disability Market Survey
By Jennifer M. Fleck, Paul L. Correia | 26 June 2019
The 2018 U.S. Group Disability Market Survey covers employer-paid and employee-paid short-term disability and long-term disability insurance products, and includes an analysis of premiums, cases, and covered lives from new sales and in-force business in 2017 and 2018.
- Indonesia Life Insurance Newsletter, May 2019
By Brian Colgan, David Kong, Halim Gunawan, Richard W. Holloway | 26 June 2019
Developments in the Indonesian life insurance industry during the period from 1 January 2019 to 31 March 2019.
- Considerations for predictive modeling in insurance applications
By Eileen S. Burns, Anders Larson, Robert J. Meyer, Zohair Motiwalla, Guy Yollin | 25 June 2019
What are the best ways to implement predictive modeling into relevant areas of actuarial practice?