This is a Digital Download featuring PowerPoint Slides with Synchronized Audio from the 12th Annual Intercompany Long Term Care Insurance Conference March 2012. Watch the slides while listening to the synchronized audio, exactly as is happened live.

Future Actuarial Tools: Defining Moderately Adverse Experience w/Simulation - ILTCI2012

Session Description: Insurance companies and regulators struggle to define and agree upon what moderately adverse experience means in an LTC context. Is this caused by the industry relying upon outdated tools? In this session, the presenters will discuss the advantages of using Monte Carlo simulation to quantify the risks inherent in LTCI, with emphasis on how it can provide a framework for defining moderately adverse experience.

Session Speakers: Peggy Hauser Senior Vice President, Actuarial Services, Univita (formerly LTCG) Amy Pahl, FSA, MAA  Principal and Consulting Actuary, Milliman, Inc. Roger Loomis, FSA, MAAA  Systems Development Actuary, Actuarial Resources Corp. (ARCVAL) Dr. Stuart Klugman, FSA, CERA, PhD  Staff Fellow, Society of Actuaries