Description: The purpose of this endeavor was to undertake a research project on term conversion experience with a particular focus on conversion rates and mortality experience of term to permanent converted policies.

Description: The COVID-19 (COVID) pandemic has increased the demand for data and analysis on the impact of COVID on U.S. population mortality. This report is based on 2020 provisional death data released by the CDC. The SOA plans to update this report after additional 2020 cause of death data in released by the CDC later in 2021.

Description: The Society of Actuaries (SOA) has partnered with LIMRA and the American Council of Life Insurance (ACLI) to conduct a series of ‘sprint’ surveys on the coronavirus (COVID-19) pandemic and its potential impacts on the U.S. life insurance industry. This report contains a summary of the results of the second survey on best practices in monitoring and modeling the potential impact of COVID-19 mortality on life insurance industry claims.

Description: The Emerging Issues in Underwriting Survey was intended for direct life writing insurance companies in the US and Canada. The Survey looked at various trends that could have a significant impact on the process and practices of life insurance underwriting in the future.

Description: This paper explores how molecular biology, specifically epigenetics, may impact the life insurance industry, and considers the effects of utilizing epigenetic biomarkers for underwriting.

Description: The SOA has collaborated with LIMRA, Reinsurance Group of America (RGA), and TAI on an ongoing effort to analyze the impact of COVID-19 on the individual life insurance industry’s mortality experience. The data collected for this study included 2.8 million deaths from life insurance policies covering the period January 1, 2015 to September 30, 2020.

Description: This report by the Joint Actuarial Committee on Financial Reporting discusses the proper role of the actuary in reporting on the financial operations of life insurance companies. From Transactions of Society of Actuaries 1971, Vol. 23, Pt. 2D, No. 65.

Description: Lapse rates from a recent, no dates specified, study of life insurance sold in New York State savings banks are summarized. They are compared with rates from a recent LIMRA inter-company study of agency business. First-year rates are broken down by premium frequency, and yearly rates are shown by type of life insurance plan.

Description: The attached report presents the results of a survey whose purpose was to explore the various uses of technology by life insurance companies. The survey was conducted by the Technology Survey Subcommittee of the Society of Actuaries Life Insurance Mortality and Underwriting Survey Committee. The primary focus of this survey was the impact of technology on mortality studies and underwriting.

Description: This is the 1964 intercompany study of the mortality on policies for large amounts. This study includes the experience on Standard Ordinary issues of 1934 through 1962 from policy anniversaries in 1958 - 1963. From Transactions of Society of Actuaries, 1964 Reports.