This release migrates the system to SQL Server 2012. New functionality has been incorporated to add new policies to studies where the data is captured a considerable time after the actual policy issue date; this is intended primarily for reinsurers. Earnings-by-source has also been redesigned and extended to simplify analysis.
Kevin Pledge was recognized as one of ten outstanding volunteers by the Society of Actuaries at it's annual meeting in Washington DC on Monday. Kevin was recognised for his role as Chair of the Entrepreneurial Actuaries Section Council and his role in the Advanced Business Analytics initiative currently being undertaked by the SOA.
Further details are available on the SOA website.
This release introduces multiple earnings types and two new reserve and fund projection applications.
This release introduces the claim utilization study. This allows analysis of claims paid as a proportion of the guaranteed benefit amount. In addition analysis by claim payment has been added to the claim termination study and there are some miscellaneous to the claim analysis application. The system also contain internal documentation covering the physical description of the system and reporting for OLAP objects and properties.