Article
15 March 2024 - by Juliet Spector, Annie Gunnlaugsson, Robert Eaton, Mike Bergerson, Jeff Anderson, Jeremy Hamilton, Daniel A. Nitz, Alyssa Lu, John Hebig, Courtney Williamson, Tim Kempen, Evan Pollock, Kevin Brown
This Long-Term Care (LTC) Focus newsletter showcases some of the projects that Milliman LTC consultants are working on now.
Article
23 February 2022 - by Juliet Spector, Mike Bergerson, Robert Eaton, Andrew Dalton, Daniel A. Nitz, Allen J. Schmitz, Christopher J. Giese, Jeff Anderson, John Hebig, Missy Gordon, Nicole Gaspar, Qiuwen Peng, Annie Gunnlaugsson
We review current projects in long-term care (LTC), such as LTC development in Asian market, Milliman LTC Advanced Risk Analytics, and upcoming studies.
Article
25 August 2017 - by Andrew Dalton, Daniel A. Nitz, Allen J. Schmitz, David Weizeorick
Companies have experienced significant benefits from their first principles models. This article summarizes key topics from a series of articles about first principles modeling for long-term care insurance.
Article
10 March 2017 - by Andrew Dalton, Daniel A. Nitz, Allen J. Schmitz, David Weizeorick
This article discusses how a first principles model, using mortality and lapse assumptions, can enhance and simplify the modeling of long-term care projections.
Article
16 November 2016 - by Andrew Dalton, Daniel A. Nitz, Allen J. Schmitz, David Weizeorick
This article, the third in our series on long-term care first principles modeling, discusses issues related to developing lapse assumptions and examines in more detail the issues relating to developing healthy life lapse rates.
Article
03 August 2016 - by Tim Kempen, Daniel A. Nitz, Allen J. Schmitz
This long-term care insurance valuation survey reviews and documents the assumptions and methodologies related to the determination and testing of active life and disabled life reserves as well as the asset strategies and investments backing the reserves.
Article
27 June 2016 - by Andrew Dalton, Daniel A. Nitz, Allen J. Schmitz, David Weizeorick
This article examines the development of mortality assumptions for use in a long-term care first principles model.
Article
09 March 2016 - by Andrew Dalton, Daniel A. Nitz, Allen J. Schmitz, David Weizeorick
An introduction to a series addressing the challenges and opportunities faced by long-term care insurance companies converting from legacy projection models to a “first principles” modeling approach.
Article
01 December 2012 - by Daniel A. Nitz, Allen J. Schmitz
Milliman's fourth long-term care insurance valuation survey results from 2012 present carriers' valuation assumptions and methodologies.
Article
01 December 2009 - by Daniel A. Nitz, Allen J. Schmitz
Milliman's third triennial survey provides benchmark data on insurers' valuation assumptions.