Process to Determine if a VBT Update is Required
Authors
Philip Adams, FSA, MAAA
Cynthia Edwalds, FSA, MAAA
Mervyn Kopinsky, FSA, EA, MAAA
Kevin Larsen, ASA, MAAA
Cynthia MacDonald, FSA, MAAA
Patrick Nolan, FSA, MAAA
Mark Rosa, FSA, MAAA
Description
The VBT (Valuation Basic Table) Analysis Subgroup of the Joint Academy Life Experience Committee and SOA Preferred Mortality Oversight Group recommends the approach documented in this report for determining when there is sufficient change in the emerging actual mortality experience relative to the current VBT to warrant changes to the table.
Materials
Process to Determine if a VBT Update is Required
VBT Analysis 2009-2017 for 2021 V3 w Report Calculations
Tableau Dashboards
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