ARCH Table of Contents 2018.1

Distribution sponsored by: The Education and Research Section of the Society of Actuaries

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Editorial direction by:

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Arnold F. Shapiro
Pennsylvania State University
Smeal College of Business
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Editor's Comments | List of Participants | Program | Sponsors


Table of Contents


Actuarial Applications

What about Park Factors? – Park Factors and their Impact on Minor League Baseball
K. Page, A. Rhodes
View Abstract


Actuarial Education

A Bivariate Extension of the Beta-Generated Distribution Derived from Copulas
R. Samanthi, J. Sepanski
View Abstract

Designing Exams to Test Higher Levels of Learning
D. Skrzydlo
View Presentation


Asset Allocation

Investment and Reinsurance Options with Dynamic Financial Analysis
B. Karagül, S. Gençgönül
View Abstract


Climate Risk

A Virtual Climate Library of Surface Temperature over North America for 1979–2015
V. Brazauskas, S. Kravtsov, P. Roebber
View Abstract


Health Insurance

Combining both Financial and Clinic Data into Decision Making under Health Care Reform
Y. Yang
View Abstract


Hedging Variable Annuities

A Tale of Two Risk Management Strategies: Risk Measure Based Reserving and Net Liability Hedging of Variable Annuity Guaranteed Benefits
B. Yi, R. Feng
View Abstract

Weighted Fund Style Analysis of Variable Annuity
G. Fan, Y. Liu, R. Xu, T. Green, K. Nilsson, E. Edens
View Paper


Insurance

A Goal Programming Model for Non-life Insurance Sector’s Technical Analysis
B. Karagül
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A Two-Decrement Model for the Valuation and Risk Measurement of a Guaranteed Annuity Option
Y. Zhao, R. Mamon, H. Gao
View Presentation

Experience Studies: The Linear Force Distribution
J. McGarry
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Model Uncertainty and Selection in Operational Risk Modeling
D. Yu, V. Brazauskas
View Abstract


Modeling

A Comparison: Some Approximations for the Aggregate Claims Distribution
R. Thiagarajah
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An Overview of Probabilistic Fuzzy Systems – Some Preliminary Observations
A. Shapiro, D. Wang
View Paper

General Insurance Claims Modelling with Factor Collapsing and Bayesian Model Averaging
S. Hu, A. O’Hagan, B. Murphy
View Abstract


Pensions

Optimal Investment Strategies and Intergenerational Risk Sharing for Target Benefit Pension Plans
B. Sanders, S. Wang, Y. Lu
View Presentation

Quantifying Inter-generational Equity under Different Target Benefit Plan Designs
L. Yi
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Retirement

Gilded Pastures
J. Tang, J. Milovanovic, M. Hassett
View Paper


Risk

An Exploration of Systemic Risk in Random Financial Networks
D. Turner
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Variable Annuities

Pricing Bounds and Bang-bang Analysis of the Polaris Variable Annuities
Z. Shen, C. Weng
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Where Less Is More: Reducing Variable Annuity Fees to Benefit Policyholder and Insurer
T. Moenig, C. Bernard
View Abstract