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Keyword: actuaries

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  • Temporary Morgues are Being Built Across UK Due to Unprecedented Increase in Excess Deaths

    01/17/2023 6:57:15 AM PST · by Jan_Sobieski · 69 replies
    The Gateway Pundit ^ | 01/15/2033 | Jim Hoft
    The unprecedented increase in deaths has prompted the construction of temporary morgues in various locations throughout the UK, including tourist hotspots and airports.The Gateway Pundit reported last year that the death toll in England and Wales continues to rise, even though Covid-related deaths have dropped.As a result, health experts have requested an immediate investigation into the source of the rising non-Covid excess death.Health experts are still looking for answers and have called for an urgent investigation. They believed that the pandemic response, lack of access to healthcare, and even the cost of living crisis might be to blame.In short, health...
  • UK will obey Euro unisex-insurance rules from 2013

    07/05/2011 10:13:53 PM PDT · by ConservativeMind · 10 replies
    The Register - OK ^ | July 5, 2011 | OUT-LAW.COM
    The UK Government is to abide by a European ruling on the use of gender in insurance, although it says the judgment goes against common sense. In March 2011, the European Court of Justice ruled in a test case known as the Test-Achats case that from 21 December 2012 insurers will no longer be able to use gender as a factor in the calculation of premiums and benefits. The decision will affect the way insurers price life and critical illness policies, annuities, private medical insurance, travel insurance, motor insurance and other types of cover where data shows that the sex...
  • Consumer Driven Health Plans Save 21%

    06/22/2009 9:20:50 AM PDT · by nateriver · 28 replies · 515+ views
    The American Academy of Actuaries published a study on Consumer Driven Health Plans that not only showed savings but also care was received in equal or greater degrees to traditional plans.
  • Actuaries Scrutinized on Pensions

    05/21/2008 8:09:57 AM PDT · by george76 · 14 replies · 127+ views
    The New York Times ^ | May 21, 2008 | MARY WILLIAMS WALSH
    By firing its actuarial consultant last week, the New York State Legislature shone a light on one of the public sector’s deepest secrets: All across the country, states and local governments are promising benefits to public workers on the basis of numbers that make little economic sense. The numbers are off-base for a variety of reasons. Sometimes there is a glaring conflict of interest, as there was in Albany, where the consultant was being paid by the workers seeking richer benefits. More often, there is subtle pressure on the actuary to come up with projections that make the pension fund...
  • Actuaries admit that they cannot tell how long we will live

    08/03/2006 10:05:58 AM PDT · by SirLinksalot · 12 replies · 501+ views
    London Times ^ | 08/03/2006 | Christine Seib
    Actuaries admit that they cannot tell how long we will live By Christine Seib --------------------------------------------- ACTUARIES, the highly trained professionals who calculate pensions liabilities, yesterday broke with tradition and admitted that it was too difficult to estimate how long human beings might live. For more than 80 years the Continuous Mortality Investigation (CMI) has supplied mortality tables that showed how lifespans were lengthening and how they might continue to improve. Yesterday, the CMI acknowledged after the release of its latest set of tables that there was so much room for error it was no longer sensible to offer a single...
  • Underfunded Pensions/Looted Pensions

    06/09/2004 11:29:37 PM PDT · by liveinchicago9855 · 1 replies · 177+ views
    Crain's Chicago Business ^ | June 09, 2004 | By Greg Hinz
    WEDNESDAY JUNE 9, 2004 CTA pension plan in peril Actuaries say fund will run dry by 2014 The Chicago Transit Authorityâ€s employee pension plan is likely to run out of money within a decade unless major changes are made to its finances, agency actuaries reported on Wednesday. Click here to view story http://chicagobusiness.com/cgi-bin/news.pl?id=12775&bt=state+pension+fund+under&searchType=all Teamsters in pension fund pileup http://chicagobusiness.com/cgi-bin/mag/article.pl?article_id=21487&bt=state+pension+fund+under&searchType=all http://finance.yahoo.com/q/sec?s=PGE Civic group blasts Blagojevich http://chicagobusiness.com/cgi-bin/mag/article.pl?article_id=21564&bt=state+pension+fund+under&searchType=all MerrionPublished 05/03/2004 in Crain's Chicago Business Author: Greg Hinz STATE REPEATING A MISTAKE BY UNDERFUNDING PENSIONS Andrew C. Wehrli's March 26 letter, "PENSION friction," makes some good points but also misses some others. I am...