Description: This paper discusses the binominal financial and insurance models. In addition, the paper expands the discussion to the martingale probabilities measures for insurances, annuities, endowment insurances, and equity-linked products.

Description: Download the 2013 Group Term Life Pivot Table – Individual Billed (revised Jan. 2014).

Description: Socio-economic mortality differentials are important to insurers, reinsurers as well as the general public. Detecting them, tracking them and explaining them is the subject of ongoing research and debate within the actuarial community as well as the wider public. The intention is to raise awareness within the reinsurance section membership for mortality differentials and concentration risk, as well as highlighting the value of interdisciplinary work and modern statistical methods. This intention overlaps with the goal of the SOA's Living to 100 Symposium, to be held in January 2017 in Orlando, Fla.

Description: Autonomous vehicle article.

Description: The panel discussed actuarial opportunities in the 1980's and 1990's. Questions discussed included: 1. Will traditional opportunities be reduced? 2. What nontraditional opportunities are available? 3. What changes are needed in our educational process? 4. How do we make nontraditional employers aware of actuarial skills and their value? 5. What will actuarial work be like? From Record of Society of Actuaries Vol. 8, No. 3.

Description: Discussion of new individual life, annuity and disability product developments designed to meet conditions in today's market. This article was presented at the Spring 1975 Meeting in Los Angeles.

Description: This is the abstract of the article 'A Proposed Unified Valuation System'. This article will briefly describe some analytical examples of a stochastic modeling of risk use to illustrate the S-curve approach to valuation, but more importantly describe key additional area of research and theory, which need to be developed. The focus of this presentation is an invitation for additional research to support a new approach to statutory valuation of life and health risk that can result in better management and regulatory information.

Description: This project aims to understand pension participants’ investment and withdrawal behaviors and provide guidance in pension plan design, using data from China

Description: This report discusses the use of a basic table of net annual claim costs for hospital and surgical expense insurance as adopted by the NAIC in 1956 to be used as a minimum reserve standard for loss-of-time benefits. It is the intention of this paper to outline the characteristics of the table, to discuss the factors which influence reserve considerations, and to describe suitable methods of determining active and disabled life reserves for the types of benefit provisions now most generally offered. From Transactions of Society of Actuaries 1965, Vol. 17, Pt. 1, No. 49.

Description: This article contains excerpts from the first three articles that were released through the strategic initiative - Commercial Health Care: What’s Next?