If wrong for NHSIC to provide NHS data to actuaries then it would be wrong for CPRD to do this too, wouldn't it? http://www.corporate-adviser.com/home/longevity-predictions-inaccurate-because-actuaries-ignoring-data-swiss-re/1037328.article …
.@amcunningham @Cleverestcookie @Elektra They are private businesses, run for profit. That profit shouldn't be enhanced at public's expense>
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@C7RKY but not all insurers are private businesses run for profit. what about mutuals?@Cleverestcookie@Elektra -
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@amcunningham@Cleverestcookie@Elektra They just share those profits to their members, in form of dividends. Price still set by actuaries.
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@amcunningham@Cleverestcookie@Elektra ...and going broke is all part of capitalism. Survival of the fittest. Not stuffing of the fattest! -
@C7RKY although I don't suppose mutuals could afford CPRD http://www.corporate-adviser.com/home/longevity-predictions-inaccurate-because-actuaries-ignoring-data-swiss-re/1037328.article …@Cleverestcookie@Elektra -
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@amcunningham@Cleverestcookie@Elektra And why is that the public's problem? So they get it wrong & pay out more, making less profit. And? -
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@amcunningham@Elektra That would be lower pricing for reduced life expectancy? Only need a PMA report for that, not *everybody's* data.
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