Announcement: SOA releases passing candidate numbers for February 2021 Exam STAM and the new FSAs for April 2021.

Recently Published SOA Research

This page highlights new SOA Research and will be updated periodically.

Trending SOA Research

Visit our Trending SOA Research Page for a quick synopsis of our most popular research reports.  Review the popular research reports for 4th Quarter, 2020.

COVID-19 Tools and Models:

A Tool for Tabulating Johns Hopkins University's Coronavirus Database: 4/5/21
The tool uses Johns Hopkins University’s COVID-19 database of cases and deaths as an input. The tool can run user-specified tabulations of the data by region and/or by filtering out locations whose data does not meet user-specified thresholds.

New SOA Research:

COVID-19 Mitigations in the U.S., September 2020 – February 2021

This report provides highlights of a weekly survey of practices regarding the mitigation of the spread of COVID-19 in the U.S. during the final four months of 2020 and the first two months of 2021.

Work and the Retirement Journey – Essay Collection
The Aging and Retirement Strategic Research Program is pleased to release a collection of essays in response to a call for essays exploring ideas and thoughts on working in retirement and phased retirement programs.

Aging & Retirement Fact Sheets
Read the latest in the fact sheet series, Classification of Risk-Sharing in Pension Plans – Canadian Practices and Possibilities Fast Facts. Then review the entire collection of fact sheets.

A Primer on Insurance Policies and Genetics
This primer paper seeks to introduce and update the actuarial profession to the topic of insurance policies and genetics and study the impacts on insurance and potential responses.

Evolving Trends in Commercial Liability Insurance
The COVID-19 pandemic and its economic effects have resulted in significant insurance impacts. The General Insurance Research Committee (GIRC) of the SOA put forth a call for essays exploring the potential effects on commercial liability insurance. The committee selected this essay, “Evolving Trends in Commercial Liability Insurance,” submitted by Karl Canty and Varun Balutia of EXL, and awarded them a prize of $1,000. The GIRC congratulates the authors and is happy to publish the winning essay on The Actuary website.

Actuarial Weather Extremes
This report series identifies and examines weather extremes in North America each month. Using data from the Global Historical Climate Network (GHCN), the reports identify and summarize unusual or extreme single-day or multi-day weather events. This report examines individual station records in the U.S. and Canada for four weather metrics from the Global Historical Climatology Network (GHCN): Precipitation (PRCP), Snow (SNOW), Daily Maximum Temperature (TMAX), and Daily Minimum Temperature (TMIN). The February 2021 report examines two very different weather extremes in the U.S. in February 2021; Winter Storm Uri in the central and south-central U.S. and continuing severe drought conditions in the western U.S.

Environmental Risk Series, Climate System, A Primer for Actuaries
This paper provides a high-level review of climate models for the actuary and shows they are not impenetrable, intriguing the reader enough to seek out additional resources.

Incorporating Datavant’s Death Index in Mortality Analysis
One of the evolving datasets with the COVID-19 Research Database is the Datavant population mortality information. This report notes the features of the database, discuss their potential use and limitations, examines data reliability and reviews it potential use as an additional data set and input to mortality improvement models.

COVID-19 Impact on Long-Term Care Insurance 2020 Survey
The Society of Actuaries (SOA) retained Milliman, Inc. (Milliman) to conduct a survey on the impact of COVID-19 on Long-Term Care (LTC) insurance mortality, voluntary lapse, and morbidity experience. The results of this survey, which was conducted from November 2020 through January 2021, are presented in this report.

Peer-to-Peer Insurance: Blockchain Implications
Peer-to-peer (P2P) insurance is one such business model where individuals or economic agents join together and pool their resources for mutual aid. The aim of this project is to showcase the development of a P2P insurance model and analyze it from both technological and product perspectives.
An Actuarial Perspective on the Relationship of Patient Centered Medical Homes and Healthcare Costs
This paper helps the audience understand the actuary’s role in estimating the financial impact of primary care programs.

COVID-19 Mitigations in the U.S., February 15 – 28, 2021
This report series provides highlights of a weekly survey of practices regarding the mitigation of the spread of COVID-19 in the U.S. 

Emerging Issues in Underwriting Survey Report
This survey looked at various trends that could have a significant impact on the process and practices of life insurance underwriting in the future.

Trends in Maturity Metrics, Asset Allocations and Assumed Rates of Return for Large U.S. Public Pension Plans
This report considers trends in U.S. public defined benefit plan maturity metrics, asset allocations and assumed rates of return from 2001 to 2018.

2000-16 Individual Long-Term Care Policy Persistency – Lapse and Mortality Rates Report
This report is the fifth in a series of studies conducted jointly by LIMRA and the SOA Long-Term Care Experience Committee. The report presents results for industry long-term care insurance (LTCI) persistency.

Research Insight Podcast, New Episodes:

De-risking Strategies of Defined Benefit Plans: Empirical Evidence from the United States
Listen to Dr. Ruilin Tian, Ph.D., Professor of Finance, North Dakota State University and Caspar Young FSA, FCIA, CERA discuss De-risking Strategies of Defined Benefit Plans: Empirical Evidence from the United States with host, R. Dale Hall, FSA, CERA, MAAA, CFA, SOA Managing Director of Research.

Thinking Ahead: Informing the Design of a Roadmap for Keeping Your Money Safe as You Age
Listen to Marti DeLiema, PhD, Assistant Research Professor at the School of Social Work at the University of Minnesota, and Steve Vernon, F.S.A., President of Rest-of-Life Communications and a research scholar for the Stanford Center on Longevity discuss Thinking Ahead: Informing the Design of a Roadmap for Keeping Your Money Safe as You Age with host, R. Dale Hall, FSA, CERA, MAAA, CFA, SOA Managing Director of Research.

Questions or Comments?

If you have comments or questions, please send an email to research@soa.org.