Individual Life - Mortality Experience Studies

The SOA offers experience studies and table reports on individual life, with a focus on mortality, for use by actuaries. Studies often contain many files for download, including multiple ZIP files, PDFs and Excel files. Table reports are often accompanied by Excel workbooks with complimentary materials.

Valuation reports, such as the 2015 VBT, can be found here.

2021

• 2020 U.S. Individual Life COVID-19 Mortality Research
  February
  LIMRA, RGA Reinsurance, the Society of Actuaries and TAI have collaborated on an effort to analyze the impact of COVID-19 on the individual life insurance industry’s mortality experience. The collection of data for this effort began in October 2020 and is on-going. Data contributors were requested to resubmit their data on a monthly basis to enable the Individual Life COVID-19 Project Work to analyze the most recent data available. This report contains the first release of results and is an effort to provide some early insights into the data that has been received to date.

2020

• Canadian Report on the Lapse and Mortality Experience of Post-Level Premium Period Term Plans
  December
  The Canadian Institute of Actuaries (CIA) and the Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on Canadian 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.
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• Canadian Report on the Survey of Post-Level Premium Period Lapse and Mortality Assumptions for Level Premium Term Plans
  April
  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.

2019

• 2009 - 2015 High Face Amount Experience Report
  December
  This report present the results of a review of the mortality experience for policies with face amounts of $1 million or higher.

2018

• 2009-2015 Individual Life Insurance Mortality Experience Report
  December
  The Individual Life Experience Committee has completed their latest report on intercompany mortality experience by amount of insurance under standard individually underwritten issues. This includes study years 2009-2015.
• Emerging Underwriting Methodologies and their Impact on Mortality Experience Delphi Study
  July
  This report presents the results of a Delphi study investigating emerging accelerated underwriting methodologies their impact on mortality experience.

• Beyond Actual to Table: Models in Experience Studies
  March
  This report demonstrates an approach to addressing the distortions caused by heterogeneous segments in Actual to Table analyses.

2017

• 2009-2013 Individual Life Insurance Mortality Experience Report
  October
  The Individual Life Experience Committee has completed their latest report on intercompany mortality experience by amount of insurance under standard individually underwritten issues. This includes study years 2009-2013.
• 2003 to 2013 Individual Life Mortality Experience Presentations
  April
  Several presentations that contain analyses on the SOA’s Individual Life Experience Committee’s 2003 to 2013 Individual Life Mortality Experience Data.
• 2015 Preneed Mortality Study
  March

2016

• 2017 Guaranteed Issue Mortality Tables
  December
• Younger Issue Age Mortality Analysis
  September
• Preferred Class Structure Report – Part 2
  June
• Older Age Analysis Report
  May

2015

• Preferred Class Structure Report
  October

2014

• 2014 Post Level Term Lapse & Mortality Report
  March

2013

• 2008-09 Individual Life Experience Report
  April

2012

• High Face Amount Mortality Study
  April

2010

• Lapse and Mortality Experience of Post-Level Premium Period Term Plans
  July
• 2005-07 Individual Life Experience Report
  February

2009

• 2004-05 Individual Life Experience Report
  January

2008

• 2000-04 Preneed Insurance Mortality Study and Tables
  July

2007

• 2002-04 Individual Life Experience Report
  May
• Report on Mortality Improvement Scales for Canadian Insured Lives
  May

2005

• 2000-01 Individual Life Experience Report
  March

2004

• Alcohol Abuse and Liver Enzymes (AALE): Results of an Intercompany Study of Mortality International Experience Study
  July
• 1995-2000 Individual Life Experience Report
  May

2003

• 1995-96 Individual Life Experience Studies Report & Tables
  July

2000

• 1991-95 Individual Life Experience Studies Report & Tables
  April
• 1990-95 Basic Select and Ultimate Mortality Tables for Individual Life Insurances
  April

1998

• Final of 1985-90 Basic Select and Ultimate Mortality Tables for Individual Life Insurance
  August

1993

• 1990-91 Individual Life Report
  January

 

Other Resources

International Experience Study

Mortality and Morbidity Liaison Committee Reports