Description: This article discusses the Modeling Actuarial Standard of Practice. Intent and questions related to a model across all practice areas is discussed

Description: The Society of Actuaries Strategic Research Program Steering Committee is pleased to release this report examining how well people estimate their own life expectancy.

Description: The following Sections provide updates of their recent activities: International, Forecasting and Futurism, Product Development, and Reinsurance. From The Actuary, February 2012, Volume 9, Issue 1.

Description: Describes some of the content of the Underwriting issues and innovations seminar for the last 2 years, and lays out the topics for the seminar for 2015.

Description: This report describes the results of a survey on reflecting risk in pricing. The survey expands on one conducted in 2003 and was expanded to include life, health, P&C, and non-North American insurance companies.

Description: This article from the new chairperson, Donna Megregian, discusses the Product Development section of the Society of Actuaries.

Description: There are so many things going on in the life market that challenge and engage all parties of the insurance transaction. The presenters will cover a variety of aspects of the life market including accelerated underwriting, principle based reserves, and regulatory and product changes occurring in the life insurance market. At the conclusion of the session, attendees will be able to: - Describe how the life insurance market is being impacted by changes internal and external to companies - Describe how companies are navigating changing underwriting landscape - Explain how regulations may impact companies going forward

Description: This article discusses sessions from the product development section post symposium seminar on product development - beginning to end. Sessions included product specific topics like term, universal life with secondary guarantees, and indexed products. Panel discussions included inforce management and advanced modeling issues.

Description: AG 49 pertains to illustrated life insurance products with a crediting rate tied to an index. The guideline discusses the maximum illustrated credited rate and format changes to illustrations.

Description: This article highlights some of the results from the Society of Actuaries SOA 2010 update to the 2005 Reflecting Risk in Pricing Survey. The survey focused on how companies are trying to price for and understand the risks inherent in the products they sell in various product lines—life and annuity, health, and property and casualty P&C insurance—and showed results for various countries of location and business focus.