A Demonstration of the LTC PBR Model

June 30, 2016
Noon-1:00 p.m. EDT

This webinar took a look at the final report on Principle-Based Reserve (PBR) Modeling for Long-Term Care (LTC) Insurance, which was issued earlier this year.
Hosted by members of the LTC PBR Work Group, this webinar featured a discussion of the report, which demonstrated the feasibility of one modeling method and provided resources for future modeling investigation on principle-based valuation of liabilities as applied to LTC insurance. Speakers also provided a live demonstration of the Excel model included in the report.
Attendees gained strong knowledge of the Model’s functionalities and structure, assumptions employed, and the modeling process.



Paul Morrison
Member, LTC PBR Work Group

Robert Yee, MAAA, ASA
Member, LTC PBR Work Group


Allen Schmitz
Chairperson, LTC PBR Work Group

*The opinions expressed by the presenters during this presentation do not represent the opinions of any of the presenters’ employers or any boards or committees of the Academy or the Actuarial Standards Board or the Actuarial Board for Counseling and Discipline.

  • The registration fee was $50.
The American Academy of Actuaries believes in good faith that your attendance at “A Demonstration of the LTC PBR Model” may constitute relevant continuing education and an organized activity as defined under the current Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States depending upon your area of practice. Under the U.S. Qualification Standards, an hour of continuing education is defined as 50 minutes, and fractions of an hour may be counted.