Event: April 2010 Meeting
Topic: Credibility for Mortality Tables
Speakers:
Stuart Klugman, FSA, CERA
Staff Fellow, Education – Society of Actuaries
and
Thomas E. Rhodes, FSA, MAAA, FCA
Assistant Vice President and Actuarial Director of MIB Solutions
When setting mortality rates for principles-based reserves, experience study results need to be blended with standard tables. Mr. Klugman’s presentation provides the results of a research project sponsored by the SOA and conducted by MIB Solutions.
This presentation was done at the SOA 2009 Valuation Actuary Symposium (Session 37)
http://www.soa.org/professional-development/archive/2009-anaheim-val-act.aspx
Mr. Rhodes’ presentation will be ‘Credibility, Margins and Individual Life PBR Reserves’, discussing the Proposed NAIC Valuation Manual Section 20 (VM-20) and how credibility theory is used in combining individual company experience and industry tables for valuation mortality assumptions. The interrelationship between credibility theory and margins in VM-20 will be covered.
This meeting will also have a confirmation vote for our 2010-2011 officers.
Date: Monday, April 26, 2010
3:30 Registration, 4:00 Speaker, 5:00 Hors d’oeuvres reception
Location: Blue Cross & Blue Shield of IL
300 E. Randolph St., Chicago, IL 60601
CAL Conference Room 5