As long-term care insurance (LTCI) products are rather recent, scarcity of data and data quality cause a significant exposure to the uncertainty risk inherent in the choice of the biometric bases. A sensitivity analysis then allows us to quantify, for diverse products, the degree of exposure to this risk. 

Together with Ermanno Pitacco, past Professor of Actuarial Mathematics in the Faculty of Economics at the University of Trieste, Director of the DemoLab of MIB Trieste School of Management and Academic Director of the Master in Insurance and Risk Management at MIB Trieste School of Management, and author of textbooks and papers published in various international journals, we are organising the new EAA Web Session "Long-Term Care Insurance Living Benefits: Risk Profiles" on 5 November 2021 from 10:00-12:00 CET.

This online lecture starts with a description of the basic features of LTCI products which provide living benefits, that is lifelong or term annuities. We then present and discuss the numerical results of a sensitivity analysis aimed at assessing the exposure of diverse products to the risk caused by uncertainty in the biometric assumptions. 

Please find all additional information on our website  or in this print version and use the online booking form to secure your place at the attractive early bird rate of only € 100.00 plus 19% VAT valid by 24 September 2021. After this date, the fee will be € 140.00 plus 19% VAT.

This is not your topic? An overview on other upcoming actuarial events can be downloaded or found online as well.