Description: Discuss a comparison of the U.S. general and insured population mortality experience and how COVID-19 and non-COVID-19 excess deaths impacted the populations differently. Discover the population mortality experience in the UK with a focus on the recent emergence of excess deaths for non-COVID causes. The long-term implications on the insured population will also be explored. Wrap up with a discussion of different conditions of long COVID, including organ impairments.

Description: Discuss changes in group life waiver of premium claim recovery and mortality experience since the 2005 table was released, the development of the 2023 table, and the new statutory valuation standard approved by the National Association of Insurance Commissioners (NAIC).

Description: Virtual - 2023 Virtual Life Meeting

Description: Product complexity, the services provided by distributors, their method of obtaining clients, and their relationship to insurers all affect the characteristics of in force membership.

Description: This report identifies and makes recommendations regarding possible exposure measures for pricing and analyzing the risks in cyber insurance. Cyber insurance is an insurance product that is designed to provide protection against the financial consequences of a failure or compromise of an organization’s information system as a result of a cyber event.

Description: Pension Risk Transfer involves two distinct disciplines of the actuarial profession. To date, understanding the other side of PRT has been limited. This session will attempt to clarify the mechanics of the other side of PRT and explain how an actuarial model consolidating the two separate sides can be built.

Description: This session is part of the Book Club initiative jointly sponsored by the Leadership & Development (L&D) + Joint Risk Management (JRM) Sections. During this book club session, participants will delve into Taleb's concept of Black Swan events – rare and impactful occurrences that defy traditional risk assessment models. Through facilitated discussions, we will explore how these concepts translate to real-world scenarios encountered within the insurance landscape.

Description: Some new variable and index-linked annuities offer simplified guarantees with limited downside protection; the policyholder “pays” for this protection with a limited upside. These products effectively provide policyholders access to an equity index with an option pass-through. This new direction blurs the line between more traditional variable annuity and fixed indexed annuity products. This session will discuss these and other similar product innovations, including some interesting regulatory, accounting, and risk management considerations.

Description: This webcast covers the process of performing experience studies, from engagement of data contributors to publication of the final results. Learn about potential pain points and discover how to minimize impact on the study timeline.

Description: Collateralized Loan Obligations have been around since the 1980’s, but recently have become a hot topic in the insurance industry. Join a panel of experts for an introduction to the asset class, covering areas such as the history of CLOs, why they’ve become more popular recently, the risks and returns of the asset class, and how actuaries can learn more.