Description: This report summarizes thoughts and questions raised during the conversation focused on the possible impact of COVID-19 on senior housing and related decisions that retirees and their families may need to make.

Description: A paper outlining key considerations & issues that may be met when implementing VM-20, like product development resources, pricing models or product features.

Description: This full report summarizes the findings of a study focused on the financial perspectives of aging and retirement of Americans across give generations.

Description: The goal of this paper is to further the discussion about the design and implementation of retirement income solutions in DC plans, to encourage plan sponsors to better meet the retirement security needs of millions of workers who do not participate in defined benefit plans. This paper provides alternatives and does not recommend specific solutions. The intended audience for this paper is policymakers and government regulators and those individuals and organizations who actively participate in discussing these topics with decision-makers at the government, financial institutions, and plan sponsors. These individuals and organizations are encouraged to use the material in this paper to help inform their discussions. Another potential audience includes DC plan sponsors who may want to proceed with implementing programs of retirement income before guidance is promulgated.

Description: This is a tool to model the impact of a ban of the use of genetic testing information in life insurance underwriting.

Description: The Society of Actuaries has developed and released a health care forecast model to illustrate the potential impact of the COVID-19 outbreak on insurance plan health care costs in the United States. Users of the model may include insurance company actuaries seeking an additional reference point for 2021 cost development, regulatory actuaries seeking additional insights and validation of costs as part of rating submissions for 2021, and insurance purchasers seeking a deeper understanding of the forces driving 2021 health care costs and premiums. The model is not intended as a replacement for existing modeling tools developed by insurers or regulators. Rather, the model’s primary purpose is to illustrate the key outbreak-related forces that are affecting the trajectory of health care costs. In addition the model can provide a common reference point to facilitate dialogue with respect to the regulatory review of 2021 health insurance rate filings.

Description: The Committee on Life Insurance Mortality and Underwriting Surveys of the Society of Actuaries Research Institute sent companies a survey in May of 2019 on mortality improvement practices. Note this survey was completed prior to the onset of COVID-19, so that issue was not addressed in this survey. The purpose of the survey was to examine mortality improvement practices with respect to life insurance and annuity pricing and financial projections in both the U.S. and Canada.

Description: Insurers are increasingly using advanced analytics to model expected outcomes. Two well-known examples in the life insurance industry are models for predicting policyholder behavior and to manage risk selection. The presenters will explore the various types of advanced analytics being considered in models and how the associated risks of these models can be incorporated into an enterprise's risk framework.

Description: Universal Life with Secondary Guarantees (ULSG) was first introduced in the late 1990's as low-cost, long-term death benefit protection. As this business ages, writers are experiencing pressured earnings from emerging experience, secondary markets for insurance products and low interest rates. In response, writers are sharpening their pencils on experience analysis and risk management with an eye for opportunities to increase the performance of their blocks.