Announcement: SOA releases October 2025 ALTAM, ASTAM, FAM, and November 2025 INV 201 Exams passing candidate numbers. SOA congratulates the new ASAs and CERAs for December 2025.

Canadian Report on the Survey of Post-Level Premium Period Lapse and Mortality Assumptions for Level Premium Term Plans

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.

Report

Canadian Report on the Survey of Post-Level Premium Period Lapse and Mortality Assumptions for Level Premium Term Plans

Questions Or Comments

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