Description: The Canadian Institute of Actuaries (CIA) and Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on level premium term life insurance products with a particular focus on the magnitude and impact of the “shock lapse” at the end of the level premium period. This project is similar to the SOA-sponsored research completed by RGA in 2014 for USA business.

Description: The Committee on Group Insurance Mortality stated that they will include the 1957 experience in the next detailed report, when published. From Transactions of Society of Actuaries, 1958 Reports.

Description: This paper, a study of Canadian life insurance company expenses, is regarded by the author, Arthur Pedoe, as a continuation of his earlier study presented to the Society of Actuaries in 1952 TSA IV, 485. In examining various expense trends the author emphasizes what he feels to be useful, namely an overall expense ratio defined as actual to expected total company expenses. The paper and ensuing discussion explore how expected expenses should be determined, as well as examining trends in group business expenses, among other topics. From 1961 Transactions Vol. 13, No. 35 AB.

Description: The Product Development Section Council and the Committee on Life Insurance Research of the SOA engaged RGA Reinsurance Company to undertake a research project on level premium term life insurance products with a particular focus on the magnitude and impact of the 'shock lapse' at the end of the level premium period. Mortality was also studied. These are the Excel Pivot Tables for that study. Please see the SOA website experience studies for the full report.

Description: The Group Life COVID-19 Mortality Survey gathers a high-level view of U.S. Group Term Life Insurance mortality results during the COVID-19 pandemic through June 2023, as compared to prior period baseline mortality results. This new report is an update to the survey report released in May 2023, which contained data through December 2022.

Description: This report covers credit risk loss experience during the period 2003 through 2015 on non-Rule 144A private placement securities (and, with limited exceptions, some specific types of Rule 144A bonds) held by participating companies of the life insurance industry.

Description: This is a study of Pension Benefit Guaranty Corporation (PBGC) mortality experience. The study consists of data furnished by the PBGC for the time period of September 30, 2009 through September 30, 2014. All of the data come from single-employer pension plans taken over by the PBGC in a distress termination. This is the SOA’s first study of PBGC experience and provides another comparison point of retirement plans mortality experience for work performed by pension actuaries.

Description: The SOA Research Institute and LIMRA have completed the most up-to-date study of variable annuity contract owner behavior. Learn more about this vital resource for actuaries working with annuities.

Description: This study of mortality on deferred Variable annuities over the period 1991-1995 was designed to test the adequacy of the 1994 MGDB Valuation Mortality Table to cover presumed extra mortality on Variable annuities VAs with Substantial Minimum Guaranteed Death Benefits MGDBs as compared with VAs with Minimal MGDBs. A parallel study of Fixed Annuity experience was carried out as a control. Expected deaths were computed also on the Annuity 2000 Table. The results raise questions as to its continuing safety as a valuation table for individual annuities. The study also shows that mortality levels on Qualified NonPension Trust business are significantly lower than on Nonqualified business.

Description: This discussion looks at The Build and Blood Pressure Study and the effect build and blood pressure have on mortality. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.