Description: The Reinsurance Section, Product Development Section and the Committee on Life Insurance Research are pleased to present preliminary results from a company practice survey of individual life insurance accelerated underwriting. Performed by a Milliman team led by Al Klein and Karen Rudolph, the study provides perspectives from both direct life insurance companies and reinsurers. Among the areas addressed include the structure of accelerated underwriting programs, how programs are monitored, how accelerated underwritten business is performing relative to expectations and how companies are considering accelerated underwriting cohorts in the context of VM-20 assumption setting. The report recaps a presentation of the preliminary results from the 2019 Life and Annuity Symposium. The final results are expected to be available later in 2019.

Description: Contest winning story from the SOA 2021 Speculative Fiction contest.

Description: The article talks about how Small Insurance Companies can make significant use out of experience studies, not to just to comply with PBR or other regulatory requirements, but also in managing their business.

Description: Presented at May 2002 Spring Meeting. Discusses an effort to get all individual life insurers to submit mortality data in a unified approach for the SOA, allowing actuaries to concentrate on their study and reporting significant mortality results.

Description: Accelerated Underwriting – Two Studies (Delphi and SOA Survey)

Description: This is the user guide for the Mortality Improvement Model, MIM-2021, Data Analysis Tool

Description: Do you wish that you could join in when your friends talk about combined coinsurance/modified coinsurance? Do you feel out of place at parties when the discussion turns to the advantages of quota share versus excess arrangements? From Record of Society of Actuaries, Volume 26, No. 1. From session 13TS of the Las Vegas Spring Meeting.

Description: Milliman was hired by the Society of Actuaries (SOA) to provide high face amount mortality data from a mortality study Milliman recently completed. High face amounts are defined as $1 million and higher. The information in the tables was taken or derived from the data collected and used to produce the Milliman Industry Mortality Study and Analysis (MIMSA).

Description: The SOA Research Institute engaged Milliman to perform a study examining life insurer practices on accelerated underwriting and how COVID-19 has impacted them. This effort included a separate outreach to actuaries working for twelve different state insurance departments. At the time of this report, three responses to our regulatory survey had been received. Therefore, the results of the three-question survey are discussed in broad terms, rather than using numerical measurements.

Description: Presented at May 1996 Spring Meeting. Results of the recently completed survey on preferred risk criteria for individual ordinary life insurance are presented, with a discussion of limitations of results and implications for pricing actuaries, underwriters and reinsurers.