Many countries have experienced excess general population deaths in 2020 due to COVID-19, but do excess deaths in the general population translate into additional life insurance claims?
The impact of COVID-19 on life insurance claims
Canadian insurance industry aggregate data analysis of COVID-19
With almost a year’s exposure to the COVID-19 pandemic, the impact of the virus on Canadian insurers is a topic of interest to actuaries. A CIA Research Council initiative to survey Canadian insurance companies and collect COVID-19 data from their individual and group life business has now produced results. Keith Walter, FCIA, Chair of the Research Council, joins us to provide an overview of...
Placing an actuarial seat at the pharmacare table
The principle that all Canadians should have access to affordable health care is a deeply rooted Canadian value. This is why, for more than 50 years, studies commissioned by the federal government have come back saying the same thing – prescription drugs should be part of medicare. And, if you asked most Canadians today, they would support the principle that all of us should have access to the...
Mental health claims in the group benefits market
In recent years, mental health claims have become an increasingly prominent cost driver in the group benefits market. Paul Kennedy, FCIA and Laura Pratt join us to discuss why this has happened, and what strategies employers and group benefits providers can use to mitigate the impact.
Research paper on accident benefits – Long-term disability
Report authors Sherry Feng, Anh Tu Le, ACIA, and Adam Peleshok, FCIA, join us to discuss their research paper on accident benefit long-term disability claims, the first update on this topic published by the CIA in over 25 years.
