Description: A follow-up to the article “Comfort Food for an Actuary: Cognitive Testing in Underwriting the Elderly,” published in the May 2006 edition of Product Matters! This article presents the updated results, based upon three more years of data, of the Delayed Word Recall DWR Test mortality study. mortality study.

Description: This article gives examples of how an actuary can live by the actuarial motto of substituting facts for appearances. The specific examples given are setting the mortality for table shaved individual life business and setting late duration lapse assumptions for level term business.

Description: Discussion the issues/difficulties associated with setting mortality assumptions for the later durations of life insurance illustrations. Because some UL products incorporate low cost of insurance charges in late durations as part of the current scale in the product design, some conclude that mortality improvement assumptions are being employed in the disciplined current scale, in violation of the Model Illustrations Regulation.

Description: This article discusses a recently completed RGA in-depth study that looked at assumptions and experience for lapses and mortality at the end of the level premium period for level term business.

Description: A discussion of the Society of Actuaries study of Mortality Under Standard Individually Underwritten Life Insurance Between 1995 and 1996 Policy Anniversaries.”

Description: A discussion of the development, key elements, applications, and implementation process of the 2001 CSO Tables for individual life insurance policies for computing minimum reserves, nonforfeiture benefits and tax reserves.

Description: An examination of the increase in mortality rate for Alzheimer's during the period 2000-2010

Description: This article summarizes the SOA 1995-2000 Mortality Study.

Description: The National Center For Health Statistics recently came out with preliminary 2006 U.S. population mortality statistics—showing lower mortality and a record life expectancy!