July 9: Actuarial roundup

Stuff I’ve been holding onto much too long:

By analyzing the DNA of the world’s oldest people, Boston University scientists said Thursday they have discovered a genetic signature of longevity. They expect soon to offer a test that could let people learn whether they have the constitution to live to a very old age.

The researchers, who studied more than 1,000 people over the age of 100, identified a set of 150 unique genetic markers that, taken together, are linked to extreme longevity. They acknowledged they didn’t know all the genes involved, nor their exact function in extending old age.

  • California workers’ comp: Frequency down, severity way up.
  • Insurance: The most stressed profession.
  • Fewer securities lawsuits filed in first half of 2010.
  • The cavalry rides again.
  • Worrying about Hurricane Alex is so last week, and AIR’s loss estimate confirms that it wasn’t a big blow (unless you were one of the unfortunate in its path, of course).
  • Catlin predicts offshore policies will put up $10 billion in limits.
  • Microinsurance is getting a lot of attention as a way to help the impoverished. This article from Allianz is a nice primer.
  • Total cost of risk down 3.1% last year, according to Advisen. This measure is a bit broader than rates, as it includes the cost of paying for risk managers.
  • The secret of happiness, in a flowchart.
  • Showing my age: Men at Work had to pay up because its early 80s Down Under infringed on the copyright of Kookaburra Sits in the Old Gum Tree. Help me out – watch the video at the link and tell me what part got ripped off.
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