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AIDS: some issues for the profession. Formal notes prepared by C. D. Daykin, M.A., F.I.A., F.S.S. as an introduction to the discussion
Published online by Cambridge University Press: 20 April 2012
Extract
1.1 The Working Party on AIDS was established in April 1987 to give the profession information about, and to take any necessary action in relation to, the problems posed by HIV infection and AIDS. Three Bulletins have been issued by the Working Party, in September 1987, December 1987 and July 1988 (Institute of Actuaries Working Party on AIDS, 1987, 1987a and 1988a). These Bulletins covered what the Working Party saw as the important aspects of the problem from the point of view of the profession. They outlined what was then known about the epidemiology of AIDS, made some provisional projections as to its possible impact, and the sensitivity of such projections to the assumptions used, examined the implications of the underwriting process in relation to AIDS, and pointed out where action seemed to be required in relation to underwriting, premium rating, product design and reserving.
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- Copyright © Institute and Faculty of Actuaries 1989