Description: This report, part of the Society of Actuaries [SOA] ‘Experience Studies – Business Practice Surveys,’ presents the results of the survey conducted by the SOA Committee on Life Insurance Mortality and Underwriting Surveys - Mortality Table Construction Survey Subcommittee, on the methods used to develop pricing mortality tables for fully underwritten life insurance. The objective of the survey was to gain an understanding of companies’ base mortality tables and the adjustments that were made to arrive at the final tables used in pricing, including whether or not mortality improvement was assumed.

Description: Report of the Task Force to Recommend Morbidity Standards for Valuation of Credit Disability. The key recommendation was that a new morbidity standard for valuation of policy reserves be adopted based on the tables developed by the Task Force. The tables are developed from the 85CIDA tables with incidence rates increased by 12%.

Description: This second study of intercompany mortality experience under structured settlement annuities examines experience through calendar year 1993.

Description: The objective of this article is to provide an overview of the research mission of the SOA, its inner workings, major efforts, funding and its unique qualities.

Description: This report presents the results of a survey of the actions companies took on their term products in response to the introduction of the NAIC Valuation of Life Insurance Policies Model Regulation, ‘Regulation XXX,’ and Actuarial Standard of Practice No. 40. The survey also explores the development of companies' X factors, the associated annual X factor certification process and how Regulation XXX impacts the companies' level term pricing. The survey was conducted by the Regulation XXX Survey Subcommittee of the Society of Actuaries Life Insurance Mortality and Underwriting Survey Committee. Common survey responses to Regulation XXX included consideration of reinsurance, changes in product design, the most common changes reported being the length of the guarantee period and the level of the gross premiums, and changing rates on existing products.

Description: This is an article discussing the update on the SOA international experience study which has expanded the topics being studied from individual life insurance mortality and persistency experience to also include agent retention and productivity.

Description: This mortality study is based on results of calendar year 1994 from 17 companies. Experience for issues ages over 70 is reported with differentiation by sex, issue age, policy year, amount, smoking status, underwriting status, reinsurance status, plan of insurance, and level of retention.

Description: This mortality study is based on results of calendar year 1994 from 17 companies. Experience for amount of $1 million are more is reported with differentiation by sex, issue age, policy year, amount, smoking status, underwriting status, reinsurance status, plan of insurance, and level of retention.

Description: This mortality study is based on results of calendar year 1995 from 17 companies. Experience for amount of $1 million are more is reported with differentiation by sex, issue age, policy year, amount, smoking status, underwriting status, reinsurance status, plan of insurance, and level of retention.

Description: This report, part of the Society of Actuaries [SOA] ‘Experience Studies – Business Practice Surveys,’ presents the results of a survey conducted by the SOA Committee on Life Insurance Mortality and Underwriting Surveys - Risk Management Survey Subcommittee. Both direct individual and group life insurance and reinsurance are included in the survey. The survey asked for information related to a company’s practices with respect to catastrophic events, concentration of risk, reinsurance as a risk management tool, and alignment of underwriting and pricing experience. The intent of the survey was to gather information on the many variations in risk management awareness and practices of U.S. companies surrounding their U.S. insurance life business.