The Society of Actuaries and the American Council of Life Insurers announce the release of a new report on the implications of 2014 VBT/2017 CSO Impact Study. Karen Rudolph, Andrew Boyer and Charlie Linn of Milliman developed an analysis using data submitted by participating life insurers evaluating the impact of valuation mortality tables proposed for use in the insurance industry. The tables studied included beta versions of the 2014 Valuation Basic Table (2014 VBT), the 2014 Relative Risk Tables and corresponding beta version of the 2017 Commissioners Standard Ordinary (2017 CSO) table.
Beta tables are available upon request to Korrel Rosenberg, Research Administrator, at
firstname.lastname@example.org. Final versions of the tables may be different from the beta tables tested in this analysis.
The Sponsors would like to thank the companies that participated in the study and the following individuals who served on Project Working Groups:
If you have questions or comments on this research, please contact Ronora Stryker, SOA Research Actuary, at