U.S. Individual Life COVID-19 Reported Claims Analysis


Individual Life COVID-19 Project Work Group


LIMRA, Reinsurance Group of America (RGA), the Society of Actuaries Research Institute (SOA), and TAI have collaborated on an ongoing effort to analyze the impact of COVID-19 on the individual life insurance industry’s mortality experience and share the emerging results with the insurance industry and the public. This report documents a high-level analysis of the claims that have been reported through September 30, 2021. The results presented here are based on data from 32 companies representing approximately 72% of the individual life insurance in force for the experience period of the study.


U.S. Individual Life COVID-19 Reported Claims Analysis


U.S. Individual Life COVID 19 Reported Claims Analysis


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.

Korrel Crawford (SOA)
Jake Maynard (RGA)
Steve Helfer (TAI)
Jason McKinley, FSA (RGA)
Mary Kate Hoerichs (LIMRA)
Pete Miller, ASA, MAAA (SOA)
Tao Huang, ASA (RGA)
Marianne Purushotham, FSA, MAAA (LIMRA)
Mervyn Kopinsky, FSA, EA, MAAA (SOA)
Scott Rushing, FSA, MAAA (RGA)
Cynthia MacDonald, FSA, MAAA (SOA)
Maureen Shaughnessy, FSA, MAAA (LIMRA)
Ryan Shubert, FSA (RGA)

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