Description: This report outlines a methodology for estimating mortality improvement factors based on data from insured lives. The report details challenges, methodology, results, comparisons with population data, limitations, and potential improvements.

Description: This session at the 1998 Valuation Actuary Symposium discusses issues related to variable and fixed deferred annuity modeling.

Description: Different mortality projection methodologies are utilized by actuaries across applications and practice areas. As a result, the MIM Advisory Group developed a single framework to serve as a consistent base for practitioners in projecting mortality improvement.

Description: Table of Contents

Description: This project models and forecasts premature cardiovascular mortality, with a focus on two main risk factors - obesity status and education attainment level. It investigates the role of obesity and education in determining age-sex-specific premature cardiovascular mortality.

Description: Table of Contents

Description: Panelists of this teaching session discuss: [1] policyholder and company behavior and its impact on model and assumptions, [2] model purpose and structure, data collection, and behavior models, and [3] the modeling process, including objectives, considerations, constraints, and validation. Session 10 of the 1996 Valuation Actuary Symposium.

Description: A short note on derivatives of decreasing life annuities that was motivated by Exercise 5.35 on page 156 of 'Actuarial Mathematics'. Actuarial Research Clearing House 1993 VOL. 2

Description: This research report is a summary of an online survey and follow-up discussions with survey respondents on the current state of actuarial modeling controls within U. S. and Canadian life insurance and annuity companies. The current state was then compared to the results from the 2012 survey on this topic to examine the evolution in actuarial model controls and governance. The report also provides an industry assessment and proposes considerations for enhancing the current state towards a well-controlled governance framework.

Description: What is going on with the exchange rate, anyway? In 2002, $1 U.S. bought $C 1.60, and now in May 2005 you only get $C 1.25—that’s 20 percent less! Where’s it going next? One way to answer that question is with a time series model.