Description: U.S. bond markets have undergone dramatic changes due to the 2008 Global Financial Crisis (GFC) and the COVID-19 pandemic. In taking a retrospective view, we can see that bond markets, viewed through the lens of major bond indices, have been evolving for quite some time. Within this paper, TD Asset Management Inc. (TDAM) will explore underlying changes that have occurred within the U.S. Corporate Bond Index, a sub-component of the larger U.S. investment grade bond market, over the past decade. We will highlight key structural changes that have occurred within bond markets and why they are noteworthy

Description: This paper highlights how the estimation procedure works in regards to annuities, including immediate life annuities.

Description: The purpose of this paper is to present actuarial tools, based upon group annuity mortality experience, with which the actuary concerned with pension problems may shape or test the mortality basis which, in his judgment, is appropriate to such problems - and presents the Group Annuity Table for 1951, with projections.

Description: Actuarial models and modeling processes continue to grow in complexity, accelerated by the changes in U.S. Statutory, U.S. GAAP and IFRS reporting requirements in the past few years. Modeling and valuation teams are expanding their toolkits beyond the traditional vendor-maintained actuarial software and the MS Office suite of tools. Companies have started to use a variety of tools to improve model dev and valuation processes, including: - Data management - Automation and workflow - Reporting and analytics

Description: This report presents the 1991 and 1992 calendar-year experience of retired individuals in the United States, who are covered under group pension contracts issued in the United States and Canada. Data for calendar-years 1987 through 1990 are also included to provide a comparison with 1991 and 1992 experience and to provide information on mortality trends over time.

Description: Discusses the titled paper by McCarter regarding a new payout annuity mortality table and with projections.

Description: This report is limited to a study of the 1964 experience of single life matured annuities under Group Annuity contracts.

Description: The Society of Actuaries released research in 2007, performed by Jim Toole, that develops a model for a U.S. individual life insurance company to consider its potential liability exposure as a result of a pandemic. Sponsored by the Mortality and Longevity Strategic Research Program Steering Committee, this paper updates several model assumptions including mortality in light of COVID-19.

Description: Presents the 1983 and 1984 calendar-year experience of retired individuals who are coverd under insured pension plans in the United States and Canada.

Description: This 1969 report continues an annual series of reports covering mortality experience since 1924 with retired lives under group deferred annuity and deposit administration contracts. This study includes 1968 data.