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Get Ready for New LTC Insurance Experience Forms!
Long-Term Care News | DECEMBER 2009 | 29 tablE 2 new ltC Experience Forms – Key Components and ... examine the adequacy of claim reserves over time. tablE 1 listing of prior and new ltC Experience Forms ...- Authors: Allen J Schmitz, Christopher Giese
- Date: Dec 2009
- Competency: Communication>Written communication; Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Financial Reporting & Accounting; Long-term Care
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Moving Beyond Retrospective Testing for LTCI Reserves
valuation assumptions as shown in Table 1 for a cohort of 1,000 claimants. The table shows expected annual termination ... report on the adequacy of LTCI claims reserves. Table 2 In-force Claims and Actual Experience for Calendar ...- Authors: Allen J Schmitz, Daniel A Nitz
- Date: Dec 2007
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Financial Reporting & Accounting; Long-term Care
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Handling LTC Misestimation Risks
judgment in sight. This was clearly seen in 2008’s financial meltdown, where overreliance on Value at ... but the historical problem of overestimating mortality and lapses is remote because pricing today often ...- Authors: Bruce Stahl
- Date: Sep 2010
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Long-term Care
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First Principles LTC -- Restoration of Benefits
anomaly is caused by the mortality rates for these attained ages. The mortality rate, in general, increases ... increases with attained age. However, the 1994 GAM mortality rates for ages 112 through 119 are forced to ...- Authors: Robert W Darnell
- Date: May 2012
- Competency: Leadership>Thought leadership; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Long-term Care