Description: Highlight key trends in life and annuity pricing, including pricing assumptions and pricing methodology. Participate in a discussion that includes pricing targets, use of value of new business (VNB), mortality assumptions, use ALM models and pricing scenarios.

Description: What is a vitagion? Is there such thing as catastrophic longevity? What does a 1 in 200 year mortality loss event look like? How might actuaries use mortality scenarios in their practice? Explore how to move beyond simplistic stress testing with singular percentage shocks to building a robust set of information, derived from stochastically generated scenarios for longevity and excess mortality outcomes. This data can inform assumption setting, longevity swaps, capital levels, and risk management. These concepts apply to life insurers, pension actuaries, and reinsurers. By attending the session, you will: - Understand what is a loss exceedance curve is and how it may be useful to quantify tail risks. - Comprehend how to incorporate stochastic variability into longevity and excess mortality assumptions. - Find out what elements go into a stochastic prediction of extreme mortality events using nested models. - Learn how to add more depth to youractuarial assumptions.

Description: This session will kick off the key National Association of Insurance Commissioners (NAIC) activities, with a primary focus on updates to principle-based reserve valuations and appointed actuary topics. Discover insights into the current set of activities and initiatives being considered and/or adopted by the NAIC Life Actuarial Task Force (LATF) and the NAIC Risk Based Capital Working Group as well as Actuarial Standards Board. Discuss actuarial practice issues and other appointed actuary and opinion topics relevant to life insurance, variable annuities and fixed annuities. By attending this session, you will: - Understand what changes are being made to reserves, RBC, PBR and Actuarial Standards and related topics and the anticipated timing of such emerging changes.

Description: Results of the PBITT Working Group annual Variable Annuity Survey.

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

Description: Covers the intercompany experience between 1960 and 1965 anniversaries.

Description: This report presents the 1999 and 2000 calendar year experience of retired individuals in the United States and Canada who are covered under group pension contracts issued in the United States and Canada.

Description: Discusses product experience and practices with regards to long term disability, the extent group underwriting practices are followed with groups of 5 to 25 lives, changes made in the provisions of group annuity and other insured pension plans to coordinate or otherwise recognize the newly legislated monthly disability benefits under the OASI program, and practices and experience with regards to high face amount life insurance.

Description: This general discussion looks at mortality experience with the advent of CSO tables, annuity premium tax, termination dividends, classes of agents included under Social Security, and conditions affecting companies entering the fields of disability income, accident, health, hospitalization and medical insurance.

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.