Description: Study of the impact of IRS proposed mortality tables on private sector pension plan costs, including liabilities, contributions and PBGC premiums.

Description: This report is presented in the form of a Tableau dashboard and is the sixth public release from this report series and contains the results of an excess mortality analysis for the fourth quarter of 2021. Data from 30 companies representing approximately 69% of the industry’s face amount inforce were included in the analyses in this report. A total of 3.2 million death claims from individual life policies from 2015 through December 31, 2021 make up the basis of the analyses. The report also compares the experience under COVID-19 of the insured population versus the general population.

Description: The study identifies significant U.S. mortality improvement/deterioration trends since 1959 including, but not limited to, those described in the SOA report, Components of Historical Mortality Improvement, using cause-of-death and other relevant data sources to quantify the likely degree of causality.

Description: U.S. population death statistics and trends often occupy COVID-19 briefings and daily headlines. There are also publicly available mortality data sources for actuaries and others to perform their own analysis. Yet industry studies examining the impact of COVID-19 on insured populations are in their infancy. In this webcast, presenters will provide insights into how the life insured population is faring during COVID-19 by discussing the findings from two recent SOA research initiatives. LIMRA, RGA Reinsurance, the Society of Actuaries and TAI have collaborated on an effort to analyze the impact of COVID-19 on the individual life insurance industry’s mortality experience. Additionally, the SOA has surveyed insurers to gather a high-level view of U.S. Group Term Life Insurance mortality results during the COVID-19 pandemic and comparing them to pre-pandemic mortality levels.

Description: Announcement from the Society of Actuaries of the availability of a new research report examining mortality expectations between life insurance, annuity, and pension products at older issue ages. Authored by William Bowman and Roger Freeman, the report summarizes the results of a mortality and pricing survey indicating significant differences between the mortality assumptions for different product lines and even between different companies within a single product line.

Description: This report examines the impact of the COVID-19 pandemic on mental illness and the impact of mental illness on mortality and longevity in the U.S.

Description: Summarizes the results of a follow-up survey of a panel of experts on COVID-19 to see how views on the disease’s impact on future U.S. mortality may have changed.

Description: As results emerged showing the influence of COVID-19 on recent mortality, the Society of Actuaries Research Institute’s Mortality and Longevity Strategic Research Program Steering Committee (MLPSC) began to ponder what it means for the future. Was the coronavirus pandemic just a temporary shock to U.S. mortality with mortality quickly returning to prepandemic levels upon its conclusion or a lingering factor in future U.S. mortality from the potential occurrence of new coronavirus variants, post-COVID-19 conditions (“long COVID”), deferral of needed health care treatment, a fatigued health care system and other elements? Only time will provide the answers to these questions.

Description: The Retirement Plans Experience Committee (RPEC) hired Ernst & Young to perform a literature review and assessment of mortality improvement rates in the United States population.

Description: “In this session, the presenters will share with you the industrial practice for constructing the mortality table from 0 to 1. It covers the journeys in both Hong Kong and Singapore and summarize the key takeaways from these journeys. Besides, the speakers will share with you their biggest challenge during their process, how they resolve this, and address the most common technical issues faced in conducting the mortality tables. Any fellows interested in these topics are most welcome.“