Description: Originally featured as a breakout session at the 2015 CRC, this presentation discusses, from a North-American and non-actuarial perspective, how population growth and size have a major impact on socio-demographic needs in term of health care, social and old age security, education, transport and infrastructure. Their underlying components are two opposing forces, namely mortality and longevity. Understanding their past and possible future key drivers is not only important to the macro-economic planning of government agencies, but also to pension funds, insurance companies, and other stakeholders of the financial and insurance industries.

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: This article is an introduction to the topic of mortality projections and their impact on social security systems. The article reviews two life expectancy graphs and overall trends in life expectancy by gender at birth and age 65 in the United States, Canada and the UK.

Description: The article is Part 1 of two articles that provide a case study for the development of a profitability and risk dashboard. The sample dashboard provides distilled information regarding actual to expected (A/E) ratios for key risks, agent quality scores and customer value scores. The dashboard would also provide the value of new business written, surplus strain, debit balances, and expected losses on debit balances at different levels, down to the agent level. A product mix index is provided, together with visual comparisons of key metrics to the company's business plan. The Part 2 article will add information to the dashboard regarding risk margins, target capital, and company value.

Description: Results of a Survey of JRMS members re claims changes due to COVID

Description: This article details different methods for calculating mortality impact associated with new underwriting programs. A common simplified calculation is compared and contrasted with two first principles approaches. The strengths and weaknesses of both approaches are discussed.

Description: Recently completed experience and research studies from the SOA.

Description: This article is based on a recent high face amount mortality study completed for the SOA. The data was derived from the Milliman Industry Mortality Study and Analysis (MIMSA), a recent comprehensive life insurance industry study of mortality and lapse. There were a number of interesting findings in the high face amount study, several of which are discussed in this article.

Description: Summary of the recently constructed 1967 Canadian Ordinary experience tables which, for the first time, were constructed separately for males and females.

Description: this article provides a detailed, comprehensive and independent analysis of the impact of introducing the single-tier state pension.