Description: This is a report that summarizes a Survey of Life Insurance Utilization of Automated Underwriting Systems. It was sponsored by the Committee on Life Insurance Research, Marketing and Distribution and Product Development Sections of the Society of Actuaries and the research was conducted by Deloitte. The report covers many aspects of how much industry interest there is for automated underwriting systems, the goals life insurers seek to accomplish in using them, how the automated systems function, and how successfully they perform.

Description: This discussion focuses on two question: First, How are the annual statement items such as reserves, dividends, insurance in force, etc developed and organized. Second, what new or unusual methods of calculating reserves, net premiums, and expected mortality have been developed through the use of computers?

Description: Supporting mathematical basis for adjusting mortality risk by applying epigenetic age acceleration measures

Description: A brief overview of recent AIT research papers in summarized format.

Description: Despite the advent of COVID-19, autonomous vehicle (AV) market leaders continued to invest in technology and to establish partnerships with vehicle original equipment manufacturers (OEMs). This report provides a 2021 update on autonomous vehicles.

Description: Actuaries have a long history with stochastic modeling. Nested stochastic modeling is often used when the modeling components under each economic scenario are themselves determined by stochastic scenarios in the future. In this paper three methods have been suggested that can be added on top of existing enhancement methods to improve NSM efficiency.

Description: The Society of Actuaries (SOA) sought to investigate methodologies and characteristics associated with actuarial innovation, aiming to expand the industry’s capabilities for creativity. The SOA engaged Milliman to conduct in-depth interviews and focus groups with select actuaries who have demonstrated innovative skills, in order to derive key behaviors and characteristics that encourage innovation.

Description: This is a 4 part discussion about issues affecting small companies: 1. Marketing, 2. Electronic Data Processing, 3. Forecasting and control of operating results, and 4. Income and Expense Allocation. From Transactions of Society of Actuaries 1964, Vol. 16 Pt. 2

Description: Zero-Knowledge Proofs (ZKPs) represent an innovative suite of cryptographic algorithms that validate the accuracy of sensitive information without revealing the actual information itself. This report introduces the diverse applications and emerging opportunities that ZKPs offer to the insurance community, especially in the health insurance space.

Description: Actuarial modeling has gone through several distinct phases largely defined by the underlying technology platform. Today, cloud computing is again redefining the technology foundations of actuarial modeling and related processes.