Description: This article is part of the Digest of Informal Discussion, which took place at the 1955 Society of Actuaries Eastern Spring Meeting, held March 24-25 in New York City. The article identifies the participants and summarizes each person’s comments. The participants discuss a 1954 Committee Report on annuitant mortality, and ask if the present bases and valuation standards for individual annuities and settlement options are satisfactory, in light of improving annuitant mortality. From Transactions of Society of Actuaries 1955 Volume 7, Number 18.

Description: The Society of Actuaries' Group Annuity Experience Committee has completed this experience update, which presents the 2015 through 2016 calendar year experience of retired individuals in the United States who are covered under group pension contracts. This update compares these most recent two years of available experience to the 2011-14 period and analyzes how the recent data affects aggregate annual mortality improvement in the group annuity experience data since 2007.

Description: This session will present results of the most recent SOA/LIMRA studies of variable and fixed-indexed annuity policyholder behavior including withdrawal behavior, guaranteed living benefit elections and surrender activity. Conducted annually since 2006, a discussion on the results of these studies show how they have changed over time, as well as areas where the analysis will need to change or expand. After that, the presenters will focus on dynamic lapse for hot money businesses, which is an important topic for fixed deferred annuity. Key takeaways from this area will include an understanding how to differentiate between hot money and warm money, the different formulas used in the industry, and how to adjust an asset portfolio to protect against the risks associated with hot money businesses.

Description: Reunite with members and non-members in the China actuarial community to discuss recent topics and related issues in areas such as macroeconomic sharing, IFRS 17, product strategy, cross-border communication and discussion, and more. Advance your career through learning and networking opportunities, and share your experiences in the finance and insurance industries, as well as other fields related to actuarial science.

Description: The SOA’s Committee on Life Insurance Company Expenses (CLICE) has submitted its recommendation memo for the 2015 Generally Recognized Expense Table (GRET) for use with individual life insurance sales illustrations. The recommendation is currently being exposed for comments by the NAIC.

Description: This is the tenth experience study conducted by the SOA’s Committee on Life Insurance Company Expenses on inter-company expenses. Contributions of individual life and annuity expense data were received from 13 US life insurance companies.

Description: The Society of Actuaries and LIMRA have sponsored a Variable Annuity Guaranteed Living Benefit Utilization Study. This study is an annual update of earlier investigations conducted since 2006.

Description: This 1960 Report includes only the regular matured life study and is limited to the experience of single life matured annuities under Group Annuity contracts. From Transactions of Society of Actuaries, 1960 Reports.

Description: The Society of Actuaries Group Annuity Experience Committee has completed this report which presents the 2001-2002 calendar-year experience of retired individuals in the United States who are covered under group pension contracts. For the first time, the committee has presented the results in pivot table format. This is that pivot table of the 2001–02 Group Annuity Experience Report. Please see the SOA website experience studies for the full report.

Description: This 1964 report is limited to a study of the experience for the year 1963 of single life matured annuities under Group Annuity contracts. The mortality experience is compared with the GA-1951 male and female tables without projection.