Online meeting March 23 – Market turmoil: What does it mean for annuity policyholder behavior?

Thanks to the nearly 100 of you who participated in this online meeting!

Given the turmoil in financial markets and hearing the concerns of our annuity company clients and others in recent weeks, we expanded what would otherwise have been our Behavioral Analytics Advisory Council to an open meeting for anyone interested.  Discussion slides are here – Ruark BAAC 20200323.

Our primary focus was the brief report “Market turmoil: What does it mean for annuity policyholder behavior?” published last week (link here) by our COO Eric Halpern. Here we have real FIA and VA data and insights from past times of crisis – monthly policyholder behavior and mortality data going back to 2007 covering about 70% of the market with over $1 trillion of current account values.

With all of this great data, we are uniquely positioned to help you better manage risks, especially now.  Our insights from this data allow us to build more accurate models of policyholder behavior, with potentially less hedge breakage for VA and FIA — how much is 1% A/E improvement worth to you?  Our predictive analytics techniques use company- and industry-level data to help you improve your pricing, valuation, and risk management models. Our approach is rigorous, transparent, and tailored to each company, allowing for quick implementation and quantification of improvement in financial risk profile from what you can do if limited to your own data.

Links to a brief case study and highlights from our recent work are below:

Let me know if you would like to arrange a call or online meeting to discuss our work products and modeling services.

Please stay tuned as we are planning other ways to keep in touch by phone and online meeting over the next few months.  Let me know if you would like us to add you to our email distribution list.  And you can continue to find updates here on our website, LinkedIn, or social media pages using the links below.

Thanks for your continued support, and we hope that you and yours stay well.

Tim

Timothy Paris, FSA, MAAA
Chief Executive Officer
Ruark Consulting, LLC
530 Hopmeadow Street
Simsbury, CT 06070
Mobile 860.866.7786
Email timothyparis@ruark.co
Website ruark.co
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