Description: The purpose of this survey is to gather a high-level view of U.S. Group Term Life Insurance mortality results during the COVID-19 pandemic, as compared to prior period baseline mortality results. The datasets for this report encompass all Group Term Life claims reported to participating carriers as of August 31, 2020. The Committee is grateful that 20 of the top 21 U.S. Group Term Life insurers are participating in this survey, with market share representing roughly 90% of the industry.

Description: This document describes an effort to measure the deaths in the US population relative to pre-pandemic expectations. The actual deaths used are as reported by the US Center for Disease Control (CDC) and we consider several different methods for setting the expectations, adjusting for the estimated mix by age, sex, and time of the year (seasonality).

Description: Fixed Indexed Annuity Experience Study – Policy Years 2013-15

Description: This report explores the behavioral factors influencing insurance purchase among Gen Z and Millennials for forward-looking purposes, leveraging a rich dataset spanning 22 markets across six continents.

Description: Electronic health records continue to evolve and gain traction in the life insurance industry. But what exactly are EHRs and what are the impacts for actuaries? How they are being used today and what are the benefits and challenges of implementing EHRs in life insurance underwriting?

Description: There is increasing industry interest in applying behavioral science to optimize product design decisions and improve outcomes for both insurers and their customers. With a growing set of options within product designs, predicting consumer behavior continues to get increasingly complex. Join this webcast for an overview of key behavioral economic concepts. Key insights will be shared from two SOA projects that explore how behavioral economic techniques can be used in various parts of the life insurance new business process and inforce management.

Description: In the third quarter of 2022, publicly traded life insurers reported on their financial and operational activities, which included a downturn in income from alternative investments, the continuing impact of COVID, the impact of equity market returns on variable annuity products, and growth trends related to pension risk transfer transactions.

Description: In this session 120F of the New York Annual Meeting the panel discusses the impact that the Insurance Marketplace Standards Association and other recent market conduct developments will have on the practice and the profession of the actuary. From the Record of the Society of Actuaries, Vol. 24, No. 3.

Description: This is a discussion regarding actuarial considerations for mutual companies and covers such topics as: how is the overall level of retained surplus determined, do companies have surplus management programs, what are the rights of participating policyholders, are Generally Accepted Accounting Principles GAAP being used for mutuals, how do companies reconcile growth and surplus and whether or not limits should be placed on growth and finally, what actuarial considerations are involved in mergers, acquisitions, divestitures and wind ups.

Description: This panel discussion is about the basic concepts of non-participating life products with non-guaranteed or ideterminate premiums. Various issues around pricing, product design, reserving, regulatory approval and taxes are discussed.