Description: Panelists discuss recent trends in individual life mortality experience, especially for preferred risks, and the impact of agent selection and underwriting exceptions on a company's mortality results. From the 1997 Record of Society of Actuaries, Vol. 23, No. 3.

Description: Presented at May 2002 Spring Meeting. Discusses the proposed new valuation table and how it affects future product development and design.

Description: This session meets the needs of life insurance actuaries who are focused on experience studies, assumption setting, and/or product development. The presenters will use industry data to illustrate how policyholders react to product design, such as premium jumps in the PLT period and UL with high interest rate illustration, and trends in the life insurance market, including the introduction of smoking distinguished rates and the shift towards an increasing number of preferred underwriting classes.

Description: The insurance industry has a lot to learn from academia's missteps. With predictive analytics assuming an ever-expanding role in risk modeling, carriers would be well-served to establish practices that mitigate the creation of faulty models. Hear practical advice on how to mitigate the risks of overfitting, with a focus on how to translate complex policyholder behavior experience data for long-term products into behavioral models using company- and industry-level data.

Description: Papers: Multi-Population Longevity Models: A Spatial Random Field Approach– Nhan Huynh, Mike Ludkovski, Ph.D. - University of California at Santa Barbara, Howard Zail - Elucider, LLC. The Application of Affine Processes in Cohort Mortality Risk Models – Zhiping Huang, Michael Sherris, FSA, FIAA, FIA, Andres M. Villegas Ramirez, Ph.D., Jonathan Ziveyi, Ph.D. - UNSW Australia

Description: This is a discussion about substandard mortality vs. standard mortality and the effects it will have on substandard premiums. Topics included: A. Statistical evidence on the trend of substandard mortality. Does it generally follow the trend of standard mortality? B. Effect this should have on substandard extra premiums. C. Does a lowering of substandard extras require any changes in underwriting rules, either as to the range of substandard classes or as to the ratings applied to some of the major impairments?

Description: This is a discussion about various underwriting issues including broadening the standard class at younger ages, overinsurance, mortality experience on guaranteed and automatic issue and taking smoking habits into account in underwriting life insurance risks. From Transactions of Society of Actuaries 1962, Vol. 14 Pt. 2

Description: Data on morbidity, loss ratios, actual-to-expected continuance rates, and lapse rates for disability insurance, and discussion of the implications with respect to legislation, product design, pricing, underwriting, and marketing. This presentation was made at the 1975 SOA Los Angeles Spring Meeting.

Description: Panel discussion on recent developments in individual disability insurance, including morbidity trends, reserving assumptions and variations, marketing and underwriting trends and trends in claims practices. Presented at the Spring 1975 Meeting in New York.

Description: This session from the 1983 SOA Spring Meeting discusses reversion rates and mortality on non-reverted lives, mortality experience versus mortality tables, select and ultimate term insurance products and the developing experience for term insurance.