Actuarial NewsA Presentation by Claude Penland,

Associate of the Casualty Actuarial Society

www.ClaudePenland.com

Topics We Will Cover

• Technical News• Actuarial Careers• Regional News• Global News• Regulatory News• Reinsurance

• Actuaries in the News• Professional Questions• Other Actuarial News• Wrap Up

Technical News

• Catastrophe Risk Trends PowerPoint Presentation http://bit.ly/eYGnM7

• Predictive Analytics, Modeling News and Trends Presentation http://bit.ly/gn4lWf

• Pension Risk Trends, News and Info Presentation http://bit.ly/fHVdcC

• Takaful and Retakaful Trends PowerPoint Presentation http://bit.ly/hRRNt2

Technical News, Two

• Lifetime Income Options, including Annuities, discussed regarding 401(k)s http://bit.ly/agP6ZR

• Actuary discusses Modeling Loss Reserve Risk http://bit.ly/d4b18N

• Emerging Risk in Life Insurance, A New Approach for Actuaries http://bit.ly/ifWpki

• Government-issued longevity bonds as an insurance trend to watch http://bit.ly/c2uyuU

Technical News, Three

• Healthcare receivables securitization trends http://bit.ly/br7E5e

• SCOR Global Risk Center Launched at SCORGlobalRiskCenter.com http://bit.ly/fevvsB

• Casualty Actuarial Society Meeting Presentations Database Online http://bit.ly/eRC8vv

• Competitive Market Analysis of Auto Insurance Companies http://bit.ly/ezsTa8

Technical News, Four

• Open Source Insurance Loss Simulation Model Released by the Casualty Actuarial Society http://bit.ly/aVBmpJ

• Nyhart Actuaries Design New 401(k) Plan http://bit.ly/ebC3aU

• Medical Malpractice Costs to Increase a Bunch, Premiums to Follow http://bit.ly/9JpokX

• Annual Retiree Healthcare Costs in New Jersey for State Employees to double http://bit.ly/cnjkqs

Actuarial Careers

• The C-Level Actuary: How Did Actuaries Get Beyond Their Actuarial Jobs? http://bit.ly/h8S2ZC

• Will the CERA become the “gold standard” for risk management? http://bit.ly/fZykhU

• Classroom Guide for Actuaries Published by the Actuarial Foundation http://bit.ly/efCgRW

• Actuarial Careers Named One of Fifty Best Careers for 2011 http://bit.ly/fmxvU3

Actuarial Jobs, Two

• A Comparison of Three Disciplines’ Insurance Salary Surveys’ Medians, C-level http://bit.ly/97Fn3q

• “There are almost no unemployed experienced actuaries” http://bit.ly/9XsZUH

• Actuarial Science very, very popular major among Overseas Students in the US http://bit.ly/dvmdyD

• Actuarial Intern discusses her Actuarial Internship at Allstate http://bit.ly/batjam

Actuarial Jobs, Three

• Actuarial Jobs are too hard to fill, say recruiters http://bit.ly/fsK8eU

• Actuarial Students sought by the Casualty Actuarial Society http://bit.ly/bzUolD

• Lloyd’s Managing Agents hire 126 actuaries. Solvency II a major reason. http://bit.ly/aefIq8

• Solvency II expected to create 250+ actuarial jobs in Ireland http://bit.ly/bOIu7E

Actuarial Jobs, Four

• Captive Insurance Jobs up in Vermont: Accountants, Actuaries, Lawyers http://bit.ly/a1lBIC

• Actuaries and risk analysts working in virtual economies? http://bit.ly/eUQRCT

• States individually plan to hire actuaries to review health rates http://bit.ly/bJBuEd

Regional News: North America

• Actuarial Obesity Study of Canada and United States Estimates $300 Billion Economic Cost http://bit.ly/ggdhhB

• US Social Security’s Future http://bit.ly/fYKklC

• Michigan State University Adds Actuarial Science Degree http://bit.ly/eQxHgr

Regional News: North America, Two

• Potential Pandemic Price Pegged by Society of Actuaries at up to $290 billion http://bit.ly/cZAHtH

• 10 Barriers to Retirement Planning Advice Identified by the Society of Actuaries http://bit.ly/gLLflj

Regional News: Europe

• 108 European Insurance and Reinsurance News Highlights, Trends http://bit.ly/fjhc8J

• Check Out the $51 Billion Windstorm Europe Will Need to Prepare For Under Solvency II http://bit.ly/dyepBM

• UK Actuaries funding Enterprise Risk Management Projects http://bit.ly/cgDkyx

Regional news: Europe, Two

• UK Charities with compulsory pension enrollment might have problems http://bit.ly/9vgCLe

• New United Kingdom Actuarial Motto http://bit.ly/a35KME

• “Pirate Attacks Make Risk Estimation Difficult”, say UK Actuaries http://bit.ly/bA8sb4

Regional News: Bermuda

• Bermuda Insurance Reinsurance Stories and Transactions, PowerPoint Presentation http://bit.ly/fCkeiP

Regional News: Asia

• 17 Highlights from the Insurance Market in India http://bit.ly/erihuQ

• India’s Regulator tells 24 Property & Casualty Insurers to Hire More Actuaries http://bit.ly/fZ1tJV

• Institute of Actuaries of India Aims to Expand into South Asia and Asia Pacific http://bit.ly/a2xybk

Regional News: Asia, Two

• China and Hong Kong PowerPoint Presentation, Insurance Wrap Up http://bit.ly/e6DyoH

• China Association of Actuaries looks to join the IAA http://bit.ly/ctf6ey

Worldwide News

• Insurance Mergers / Acquisitions Trends, News, Presentation http://bit.ly/eviMBp

• Startups in Insurance, Reinsurance Presentation http://bit.ly/gIMnxa

• Global Chartered Enterprise Risk Analyst Website Launched http://bit.ly/cnri2t

Worldwide News, Two

• Enterprise Risk Management, the Role of Actuaries http://bit.ly/dAOnyi

• Mobile Payments in Emerging Economies could help Insurance Penetration http://bit.ly/e0FIdr

• Which Insurance Companies have the most Twitter followers? http://bit.ly/aFYP3p

Regulation News

• Solvency II PowerPoint Presentation http://bit.ly/dKKWBF

• The Future of Insurance Regulation, from the Actuarial Review http://bit.ly/fG9fKn

• NAIC Life and Health Actuarial Task Force To Weigh In on IASB Proposals http://bit.ly/bXOLvu

Regulation News, Two

• Azerbaijan to License Actuaries http://bit.ly/hLxAcd

• Groupe Consultatif Actuariel Européen Explains Insurer Insolvencies vs. Bank Failures http://bit.ly/ft9e8F

• First actuaries certified in Armenia http://bit.ly/a5IOwm

Reinsurance

• Reinsurance Trends, News, Analysis PowerPoint Presentation http://bit.ly/hviYAs

• Alex Krutov’s recent Insurance-Linked Securities book, a review http://bit.ly/bCIfbP

• Reinsurance C-Level Salary Survey http://bit.ly/gkb9i6

Actuaries in the News

• Brian Duperreault, Actuary, CEO, Elected to Insurance Hall of Fame http://bit.ly/gqrpPL

• Former Actuary Writes Book, “The Influential Actuary” http://bit.ly/e3Piuv

• Governance Task Force Report Released by the American Academy of Actuaries http://bit.ly/aTk3CB

• David Axene finds errors in health insurance rate calculations http://bit.ly/g0p3Ib

Actuaries in the News, Two

• Actuarial Awards Announced in Europe http://bit.ly/ibW66k

• University of St. Thomas Wins Travelers Actuarial Case Competition http://bit.ly/aulRKF

• Actuarial Science Scholarships at Illinois State University http://bit.ly/9eMiCP

Professional Questions

• Who is more Dangerous, a Serial Killer or your Life Partner? http://bit.ly/erBgjv

• Is Chief Actuary the Most Visible Example of Actuarial Professionalism Today? http://bit.ly/hfCcFm

• Eddie Smith, Actuary, Discusses Web 2.0 and Actuaries http://bit.ly/9JIbCO

• Cavanaugh Macdonald Consulting Receives Patent on Interest Rate Smoothing Algorithm

Professional Questions, Two

• Powerful Hospitals Increase Prices? Powerful Health Insurers Hold Prices In Check? http://bit.ly/cN0gkp

• NY Times discusses US States’ Pension Accounting http://bit.ly/hHwDPd

• What is Dynamic Financial Analysis? http://bit.ly/fV4l8f

• Should New Jersey Declare Bankruptcy Over Their Pension Deficit? http://bit.ly/dEQBnb

Other Actuarial News

• London Life/Great-West Life to Pay $455.7 million based on Actuary’s lawsuit http://bit.ly/aOZJsA

• Online casinos taking bets on hurricanes http://bit.ly/brLTcC

• Casualty Actuarial Society High School Scholarship for Diversity http://bit.ly/9qAXA4

Other Actuarial News, Two

• Actuaries Rock http://bit.ly/gbraRW• The Band Blind Actuaries is Back

http://bit.ly/e09F70

Wrap Up

• On ClaudePenland.com, I write at least six posts a day on the business issues that I explore daily. These include Insurance News, M&A, Startups & Trends; Web Development & Trends; Web Startups; Odd Business Ideas; Global Finance & Investment; Reinsurance; Catastrophe Risk; Predictive Analytics; Solvency II; Pensions; Risk Management and Takaful.

• Thank you!