Description: This article is the final installment of our three-part series on economic scenario generators (“ESGs”). Part I and II were published in the November 2019 and August 2020 issues of The Modeling Platform. Part III contextualizes the framework for selecting, building, and validating ESGs and focuses on the Academy Interest Rate Generator (“AIRG”), the most commonly used real-world ESG for US actuaries

Description: The article summarizes the results of the 2022 U.S. and Canadian Life Reinsurance Survey, for both Individual Life and Group Life business, conducted by the Reinsurance Section of the Society of Actuaries.

Description: Provides information on Section 7702 mortality requirements, the implications of the adoption of the 2017 CSO tables and the need for IRS guidance.

Description: This article is the first in a series of articles on insurance applicant mortality risk analytics. From Small Talk Newsletter, Issue 37, January 2012.

Description: This article discusses how catastrophe risk poses a unique challenge for smaller life insurers.

Description: This article discusses the three main taxation proposals affecting holders of life insurance and deferred annuity policies announced on Friday, November 13, 1981 by the Federal Finance Minister in Canada. The main proposals are 1 taxation of accrued investment income on life and annuity policies, 2 changes in the adjusted cost basis at disposition of policies and 3 treatment of life insurance policies not registered as retirement savings plans.

Description: An interview with Jim Toole, lead researcher for SOA's pandemic research project. The project examines pandemic influenza and its implications to the life and health insurance industry.

Description: Update on Federal Tax Issues Under the 2001 CSO Mortality Tables

Description: An analysis of US population mortality trends and the impact of COVID.

Description: Discusses the different forms of guarantees that have been used in life insurance, and the various means of analyzing and establishing financial support to assure that these promises can be met.