Research Insights, a Society of Actuaries Podcast

Listen to Max J. Rudolph, FSA, CFA, CERA, MAAA, an independent actuary from Rudolph Financial Consulting, LLC, Cindy MacDonald, FSA,MAAA, SOA Senior Experience Studies Actuary, and host, R. Dale Hall, FSA, CERA, MAAA, CFA, SOA Managing Director of Research discuss the Society of Actuaries Research Brief: Impact of COVID-19, April, 16, 2020 along with other current events surrounding COVID-19. The podcast section time stamps are as follows:

• Key Statistics: 2:30
• Impact on Insurance Industry: 9:00
• Economic and Asset Impact: 11:25
• Operational and Emerging Risks: 19:40

If you have any questions or comments, please contact [email protected].

Listen to our special guest, Brett VanTol, a psychologist with Pine Rest Christian Mental Health Services located in Grand Rapids, MI and host R. Dale Hall, SOA Managing Director of Research discuss the impact of COVID-19 on mental health along with positive steps you can take to combat issues including isolation, change of routine, and anxiety.

Here are some helpful resources for dealing with this challenging time:

Centers for Disease Control and Prevention:

• Stress and Coping
• Helping Children Cope with Emergencies
• Ready Wrigley Books
• Children and Youth with Special Healthcare Needs in Emergencies
• Coping with a Disaster or Traumatic Event

American Psychological Association:

• APA COVID-19 Information and Resources
• Seven crucial research findings that can help people deal with COVID-19
• Finding local mental health resources during the COVID-19 crisis

Pine Rest Christian Mental Health Services:

• Coping with COVID-19
• News Room

Listen to Max J. Rudolph, FSA, CFA, CERA, MAAA, an independent actuary from Rudolph Financial Consulting, LLC, J. Patrick Wiese, ASA, SOA Lead Modeling Researcher and host and author, R. Dale Hall, FSA, CERA, MAAA, CFA, SOA Managing Director of Research discuss the Society of Actuaries Research Brief: Impact of COVID-19, April 3, 2020 along with other current events surrounding COVID-19. The podcast section time stamps are as follows:

• Key Statistics: 2:40
• Economic and Asset Impact: 11:31
• Impact on Insurance Industry: 18:37
• Operational and Emerging Risks: 21:46

If you have any questions or comments, please contact [email protected].

Listen to 3 insurance industry experts share their perspectives on the impact of COVID-19 on the Asia-Pacific insurance industry.

Time Stamps:

2:16: Greg Solomon, Managing Director, Head of Life & Health at PeakRe

22:30: Dr. Kamakhya Das, Chief Medical Underwriter, Life and Health, Asia Pacific at PartnerRe

36:00: Selina Lau, Chief Executive, The Hong Kong Federation of Insurers

If you have any questions, please contact [email protected].

Listen to Max J. Rudolph, FSA, CFA, CERA, MAAA, an independent actuary from Rudolph Financial Consulting, LLC and host and author, R. Dale Hall, FSA, CERA, MAAA, CFA, SOA Managing Director of Research discuss the Society of Actuaries Research Brief: Impact of COVID-19, March 25, 2020 along with other current events surrounding COVID-19. The podcast section time stamps are as follows:

• Intro: 1:09
• Recap: 2:07
• Key Statistics: 2:40
• Economic and Asset Impact: 10:46
• Operational and Emerging Risks: 20:00

Please see the Negative Interest Rates and the Insurance Industry: A Survey of Risk-Management Capabilities and Practices research report referenced in the podcast at 16:13 .

If you have any questions, please contact [email protected].

This special episode of the SOA's Research Insights Podcast highlights how the COVID-19 pandemic is impacting actuaries and their interaction with U.S. insurance regulators. We were pleased to be joined by Mike Consedine, Chief Executive Officer of the National Association of Insurance Commissioners (NAIC), to give some insights as to what regulators are prioritizing in the current environment.

Listen in to hear more details on the following topics:

• How the NAIC is bringing the insurance community of companies, regulators and consumers together to discuss the impact of COVID-19, with early examples on access to testing and treatment.
• The actuarial profession's role in measuring and ensuring the financial soundness of insurance companies and tracking data to monitor the situation.
• The impact on COVID-19 on different insurance product lines, with key focus on business interruption coverages, travel insurance, life insurance and the evolution of cyber risk insurance.
• The flexibility of the U.S. state-based insurance system to quickly adapt to health situations emerging from COVID-19 that can vary widely from state to state.

The launch of the Health Care Cost Trends (HCCT) Strategic Research Program marks the 10th anniversary of the Affordable Care Act (ACA). Listen to Achilles Natsis, SOA Health Research Actuary and Joan Barrett, Senior Consulting Actuary at Axene Health Partners and Chair of the Health Care Cost Trends Steering Committee discuss the HCCT program launch with host R. Dale Hall, SOA Managing Director of Research.

Please leave a review on Apple Podcasts if you've enjoyed this podcast! If you have any questions, please contact [email protected].

Listen to Max J. Rudolph, FSA, CFA, CERA, MAAA, an independent actuary from Rudolph Financial Consulting, LLC and host and author, R. Dale Hall, FSA, CERA, MAAA, CFA, SOA Managing Director of Research discuss the Society of Actuaries Research Brief: Impact of COVID-19, March 16, 2020 along with other current events surrounding COVID-19. The podcast section time stamps are as follows:

• Intro: 0:58
• Recap: 2:02
• Key Statistics: 4:25
• Economic and Asset Impact: 10:57
• Operational Risks: 21:00

The SOA, the American Property Casualty Insurance Association (APCIA), and the Casualty Actuarial Society (CAS) have developed a collection of reports on automotive loss cost trends in the U.S. Listen to Brian Hartman, ASA, Actuarial Program Director and Assistant Professor of Statistics at Brigham Young University discuss the Auto Loss Cost Trends 2019 Update with host R. Dale Hall, FSA, CERA, MAAA, CFA, SOA Managing Director of Research.

Please leave a review on Apple Podcasts if you've enjoyed this podcast! If you have any questions, please contact [email protected].

The Society of Actuaries Research Brief: Impact of COVID-19, March 10, 2020 is covered in this special edition podcast. Listen to Max J. Rudolph, FSA, CFA, CERA, MAAA, an independent actuary from Rudolph Financial Consulting, LLC, discuss the research brief with host and author, R. Dale Hall, FSA, CERA, MAAA, CFA, SOA Managing Director of Research. The podcast section time stamps are as follows:

• Key Statistics: 3:26
• Economic and Asset Impact: 15:32
• Operational Risks: 26:16