Description: This paper is from Transactions of Society of Actuaries 1955 Volume 7, Number 17. The authors note that ‘mortality experiences of large closed groups carried through until the termination of all the lives are not often available,’ but that they provide ‘relatively reliable mortality experience at the very advanced ages.’ This paper presents the results of the mortality study of probably the only such closed group to date in the United States, the pension roll of Union Civil War veterans.

Description: Report on differences & similarities in mortality by age group, time, cause of death and region to aid in understanding of future expected mortality rates.

Description: Summary of the NAIC and SOA's PBR Survey.

Description: The second part of a roundtable discussion on principals-based approach [PBA] and the life insurance industry, in this part discussing mortality experience studies. The first part appeared in the August/September 2008 issue of The Actuary.

Description: Milliman was engaged by the SOA to conduct two Accelerated Underwriting (AU) surveys, one of direct companies and another of reinsurers. The surveys explored actual results from 2019–2021 and expected results from 2022.

Description: Disabled lives reserves for waiver of premium claims represent significant liabilities for group life insurers who, for the past 35 years, have relied on the 1970 Intercompany Group Life Disability Experience Table. The 2005 Group Term Life Waiver Reserve Table is the replacement. This paper includes an overview of the process and the related findings from this work.

Description: View the complete issue for the August 2014 Reinsurance News newsletter.

Description: This analysis is being done to determine how recent experience, from the statistical agent data collected by MIB, is emerging relative to the 2015 VBT.

Description: The author, as Chief Actuary, Veterans Administration, submitted this mortality experience of Servicemen’s Group Life Insurance for years 1967 to 1969.

Description: Future mortality improvement has been a common assumption in life insurance and annuity pricing and forecasting for many years. However, experience over the last decade suggests this might be an assumption that merits reconsideration in the United States. This article will take a closer look at factors that impact mortality improvement trends and discuss why insurers may want to reevaluate product designs to better manage the associated mortality risk. We then introduce a product idea with this in mind, where premiums are based on a life expectancy index and insurers share the risk (and opportunity) or mortality improvement with policyholders.