Announcement: SOA releases passing candidate numbers for September 2019 Exam P.

Predictive Models on Conversion Studies for Level Premium Term Plans

March 2017

The Reinsurance Section, Product Development Section and the Committee on Life Insurance Research announce the release of a new report summarizing the third phase results of a multi-phase study on term conversions. This report explores conversion rates and post-conversion experience using predictive analytics. Three models are presented in the paper and aim to understand the drivers that impact policyholder conversion and post-conversion behavior as well as the difference between post-conversion mortality and term mortality. Authored by Richard Xu, Minyu Cao, Anthony Woods, and Mark Li of RGA, this study extends research presented in the Phase 2 report.

Report

Predictive Models on Conversion Studies for the Level Premium Term Plans

Thank You

The Sponsors would like to thank the following individuals who served on the Project Oversight Group:

Tom Edwalds, Chair
Christine Chui
James Filmore
Jean-Marc Fix
Sebastian Kleber
Vera Ljucovic
Dave Moran
Michael Palace
Tony Phipps
Yana Shergina
Jack Luff, SOA Experience Studies Actuary
Ronora Stryker, SOA Research Actuary
Jan Schuh, SOA Sr. Research Administrator

Questions Or Comments?

If you have comments or questions, please research@soa.org.