Description: The presenters will dig into the little rider that most actuaries don't spend much time thinking about. A regulator, a direct writer and a consultant will discuss their thoughts on this rider and point out areas where actuaries should focus before deeming it insignificant. Topics will include the current study underway to update the industry experience study (most recently done in 1952), underwriting considerations, interactions with other riders, benefit designs, unique issues on UL policies, tax implications and reserving considerations

Description: In this session, panelists discuss the rationale behind aging research. They will explore recent demographic and biological insights. They will then explore when those breakthroughs could happen, what would their impact be on our understanding of mortality and mortality rates and the effect on different groups. Finally, it will be a chance to have your questions answered by that eminent set of panelists.

Description: Papers: Does Migration Result in Mortality Improvement: A Case Study in Taiwan – Chih-Kai Chang – Feng Chia University; Jack C. Yue – National Chengchi University; Yen-Wen Chen – Feng Chia University Mortality Trends – An International Perspective – Adrian Gallop, FIA – Government Actuaries Department

Description: Because data quality is critical in the measurement of an event as rare as the death of a supercentenarian, special care must be used. We will discuss practical methods of validation used by researchers in the field, alternate methodologies and data cleaning procedures to ensure validity of mortality data as extreme old age. We will also explore some of the consequences of inadequate data preparations on the curve of mortality at the end of life.

Description: This teaching session provides a summary of publicly available data and information sources for health actuaries. Several of the more useful resources are reviewed in detail. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 15