Southeastern Actuaries Conference
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1 Southeastern Actuaries Conference Annual Meeting November 20-22, 2013 Intercontinental Buckhead Atlanta, GA Executive Committee President Vice President Secretary/Treasurer Membership Chairman Past President Member at Large Member at Large Rich Schaefer Shawn Parks Jeff Williams Jim Drennan Joyce Whaley Winter Liu Ashlee Borcan
2 Wednesday, Nov 20th Pre-Meeting Seminars 1:45 p.m. 5:30 p.m. Registration [Venetian Foyer] 2:00 p.m. 5:00 p.m. Seminar #1 Dynamics Seminar [Venetian IV-V] Presented by GenRe Specialty Health Products Critical Illness Combo Products Voluntary Products Seminar #2 Reinsurance Seminar [Venetian VI] Presented by Munich Re History and Trends Risk Transfer and Reserve Credit Captive Reinsurance Fraudulent Claims IFRS and US GAAP Jim Filmore, Scott Wright, Paige Freeman, Noel Harewood & Kevin Glasgow 5:00 p.m.-6:00 p.m. Reinsurers Reception [Southern Art and Bourbon Bar] Thursday, Nov 21st 7:00 a.m. 7:50 a.m. Breakfast [Venetian IV-V] 7:30 a.m. 5:00 p.m. Registration [Venetian Foyer] 8:00 a.m. 8:30 a.m. SEAC Business Session and Presidential Address [Venetian I-III] 8:30 a.m. 10:10 a.m. General Session [Venetian I-III] When Black Swans Aren t Better Foreseeing Large Impact Rare Events Attributes of Excellent Foresight Better Timing Event Emergence Guntram Werther Temple University Credibility ASOP 25 Different types of insurance o Life o Health o Low frequency vs. High frequency o Non-normal distributions Jim Milholland Milholland Actuarial Consulting 10:10 a.m. 10:30 a.m. Break [Venetian Foyer] 10:30 a.m. noon General Session [Venetian I-III] Workplace Products Regulatory Issues Product Trends Hot Topics Ashlee Borcan Milliman 2
3 LTC Rate Increases/Experience Update Misconceptions Drivers persistency, interest, morbidity Michelle Dyke Milliman Improving the Controls for Experience Studies Increasing auditor scrutiny Rick Farrell KPMG 12:00 p.m. 1:30 p.m. Lunch [on your own] 1:30 p.m. 3:00 p.m. General Session [Venetian I-III] Pharmacy History Mortality Study Results of Milliman relative mortality study Dosage, timing, drug combinations Eric Carlson Milliman Professionalism in a Changing World Committee on Professional Responsibility International Practice Hypothetical Case studies Jeff Harper Contingent Quantities Concurrent Sessions 3:30 p.m. 5:00 p.m. 1. Life Insurance [Venetian I-III] Group Life Mortality and Demographic Trends Workforce aging trends and projections Historical population and insured mortality improvement Group Life mortality improvement projections Amy Whinnett Munich Re Older Age Mortality Update Fully Underwritten Life Insurance Long-Term Care Insurance Susan Willeat RGA Life Products / Market Update AG38 impact Low interest effect on accumulation products SPIA pricing survey John Fenton Towers Watson 3:30 p.m. 5:00 p.m. 2. Health Insurance [Venetian V-VI] Medicaid Update Expansion by state Impact of exchanges Mike Rasmussen & Randy Brock Optum 3
4 Medicare Advantage Experience Changes in bids Reimbursement changes MLR Part C and D Future Paul Erickson HealthSpring Large Employer Group Trends ACA fees impact Future exchanges Self-insured trends Maintaining coverage, at what level James MacDougall BC/BS of SC 5:30 p.m. 6:30 p.m. Sponsored Reception Milliman [Hope 2-3] 6:30 p.m. 7:30 p.m. General Reception [Hope 2-3] 7:30 p.m. 11:00 p.m. Sponsored Reception D.W. Simpson [Bourbon Bar] Friday, Nov 22nd 7:00 a.m. 7:50 a.m. Breakfast [Venetian IV-V] 8:00 a.m. 8:20 a.m. Business Session [Venetian I-III] 8:20 a.m. 10:30 a.m. General Session [Venetian I-III] Health Care Reform & Exchanges Types of exchanges- public and private Early results / problems / rates Issues for future Ind / SHOP participation Navigators Rachel Killian & David Hayes Milliman Regulator Update Teresa Winer Georgia Office of Insurance Commissioner Longevity Insurance Retirement trends Product design Market overview Harrison Weaver Oliver Wyman 10:30 a.m. 11:00 a.m. Break [Venetian Foyer] 4
5 11:00 a.m. 12:15 p.m. Workshops 1. Health Topics [Venetian IV] Jody Mistal Milliman 2. Life Products [Venetian I-III] John Fenton Towers Watson 3. Valuation [Venetian V] Julie Curry Curry Actuarial 4. Ask the Regulator [Venetian VI] Teresa Winer Georgia Office of Insurance Commissioner 12:15 p.m. Adjourn 5
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