U.S. Individual Life COVID-19 Mortality Experience Study – Fourth Quarter 2020 Update

Authors

Individual Life COVID-19 Project Work Group

Description

This report is the third public release from this report series and contains the results of an excess mortality analysis for the four quarter of 2020. Data from 31 companies representing approximately 72% of the industry’s face amount inforce were included in the analyses in this report. A total of 2.9 million death claims from individual life policies from 2015 through December 31, 2020 make up the basis of the analyses. The report also compares the experience under COVID-19 of the insured population versus the general population.

Materials

U.S. Individual Life COVID-19 Mortality Experience Study – Fourth Quarter 2020 Update

COVID-19 Mortality Study Dashboard

Video

Acknowledgments

LIMRA, RGA, the SOA, and TAI would like to acknowledge the Individual Life COVID-19 Project Work Group. Without their efforts, this project could not have come to fruition.

Adam Busa (LIMRA)

Korrel Crawford (SOA)

Steve Helfer (TAI)

Mary Kate Hoerichs (LIMRA)

Tao Huang, ASA (RGA)

Mervyn Kopinsky, FSA, EA, MAAA (SOA)

Cynthia MacDonald, FSA, MAAA (SOA)

Jake Maynard (RGA)

Jason McKinley, FSA (RGA)

Pete Miller, ASA, MAAA (SOA)

Marianne Purushotham, FSA, MAAA (LIMRA)

Scott Rushing, FSA, MAAA (RGA)

Ryan Shubert, FSA (RGA)

LIMRA, RGA, the SOA, and TAI would also like to acknowledge the following individuals for their contributions in the success of this effort.

Nargiz Alekberova (RGA)

Kathryn Cox, FSA (RGA)

Sam King (RGA)

Ben Maska (TAI)

Pete Murphy (TAI)

Shweta Pejathaya (RGA)

Mike Skelley (TAI)

Rich Tallon (TAI)

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