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2019 CE Session - The Potential Impact of Genetic Testing Legislation on U.S. Life Insurance Mortality
Guardian Life, Floor 15, Hall F3
7 Hanover Square
New York, NY 10004
USA
Tuesday, February 26, 2019, 2:00 PM - 4:00 PM EST
Category: Events

 

The Potential Impact of Genetic Testing Legislation on U.S. Life Insurance Mortality

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We are very excited for this ASNY CE session being held on Tuesday, February 26th.

PRESENTER

Mark Lombardo, FSA, FCIA
Vice President and Actuary at Munich Re

REGISTER

Registration deadline:  February 22nd, 2019
Cost:  $25 for paid-up members and subscribers  (please login to get this price)
           $30 for other attendees

TARGET AUDIENCE: LIfe Insurance Actuaries

SESSION DETAILS / WHAT ATTENDEES WILL LEARN

With recent calls globally for new legislation that would limit the collection and use of genetic information by life insurance companies, actuaries have been tasked to assess the potential impact on insurance claims that would result from an expected increase in asymmetric information and applicant anti-selection. The presenter will summarize findings from the SOA’s recent project and published report examining the potential impact on U.S. life insurance industry claim costs should legislative changes ban the use of genetic testing information in the new business life insurance process on either the federal or state level.  The session will include an overview of the market model developed as part of the SOA's project.

PRESENTATION SLIDES:

Slides to be posted after presentation

SUMMARY BIOGRAPHY

Mark Lombardo has been a member of Munich Re’s Global Actuarial Consulting Group since October 2015 and currently serves as its Vice President. Prior to this role Mark spent the first 12 years of his career with Munich Re's Individual Reinsurance Pricing and In-force Management teams in Toronto holding positions of increasing responsibility.

Mark has recently been engaged as the lead researcher on the SOA's project to quantify the policy cost of asymmetrical information between an applicant and insurance company when genetic testing and family history information is excluded from the underwriting process, authoring a report of the project’s findings which was published in October 2018. He is also a member of Munich Re's Genomics Topic Network, a multidisciplinary team representing all Munich Re’s global regions, formed to assess how recent and future expected scientific developments on genomics impact the Life and Health insurance industry.

Mark has a Bachelor of Mathematics degree from the University of Waterloo, is a Fellow of the Society of Actuaries and an Fellow of the Canadian Institute of Actuaries

DATE: Tuesday, February 26th, 2019

TIME: 2:00 PM - 4:00 PM

LOCATION:

Guardian Life, Floor 15, F3
7 Hanover Square
New York, NY 10004

PAYMENT

Please click here  to register.  If you have been a past member, but have not yet paid dues for this year, membership dues must be paid first before you will receive the reduced cost for this event.

Please contact Inna Kogan at [email protected] or 212-598-7596 with questions regarding this or other ASNY CE events.


Contact: Inna Kogan