Description: This is the user guide for the Mortality Improvement Model, MIM-2021, Data Analysis Tool

Description: Full version of Small Talk Newsletter, November 2004, Issue No. 23.

Description: The Reinsurance Section, Product Development Section and the Committee on Life Insurance Research are pleased to present results from a company practice survey of individual life insurance accelerated underwriting. Performed by a Milliman team led by Al Klein and Karen Rudolph, the study provides perspectives from both direct life insurance companies and reinsurers. Among the areas addressed include the structure of accelerated underwriting programs, how programs are monitored, how accelerated underwritten business is performing relative to expectations and how companies are considering accelerated underwriting cohorts in the context of VM-20 assumption setting.

Description: Presented at May 2005 Spring Meeting. Explores work to study the mortality experience of the older ages, the mortality costs to the insurer if the absolute level and shape of the pricing mortality curve is incorrect and the value of underwriting with regard to select vs. ultimate mortality.

Description: This report summarizes the results of a company survey of select period mortality assumptions. This project was sponsored by the SOA’s Product Development Section and the Committee on Life Insurance Research.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 The panel provides an update on the status of the Factors in the Risk Selection Techniques Study.

Description: This report, part of the Society of Actuaries [SOA] ‘Experience Studies – Business Practice Surveys,’ presents the results of a survey conducted by the SOA Committee on Life Insurance Mortality and Underwriting Surveys – Regulation XXX Survey Subcommittee. The purpose of the survey was to explore the actions companies took on their term products in response to the introduction of the NAIC Valuation of Life Insurance Policies Model Regulation [Regulation XXX] and Actuarial Standard of Practice No. 40, including the development of companies' ‘X factors,’ the associated annual X factor certification process, and how Regulation XXX impacted the companies' level term pricing.

Description: Accelerated Underwriting – Two Studies (Delphi and SOA Survey)

Description: In the first part of this series, the presenters will provide the results of a recent SOA multi-country survey on mortality improvement practices of life insurance companies. In the second part of this session, they will discuss the issues and solutions related to the development of the most recent RPEC mortality improvement assumptions.

Description: Milliman was hired by the Society of Actuaries (SOA) to provide high face amount mortality data from a mortality study Milliman recently completed. High face amounts are defined as $1 million and higher. The information in the tables was taken or derived from the data collected and used to produce the Milliman Industry Mortality Study and Analysis (MIMSA).