Description: This report examines the mortality of Canadian pensioners subdivided by pension level, using data from the Canada Pension Plan (CPP) and Québec Pension Plan (QPP)

Description: This report reviews estimates of 2017 U.S. population mortality experience from the National Center for Health Statistics’ National Vital Statistics System.

Description: This report compares the CIA pricing method for estimating group annuity closeout pricing to methods used in the US.

Description: This document describes an effort to measure the deaths in the US population relative to pre-pandemic expectations. The actual deaths used are as reported by the US Center for Disease Control (CDC) and we consider several different methods for setting the expectations, adjusting for the estimated mix by age, sex, and time of the year (seasonality).

Description: This web page contains a link to a research report that highlights the characteristics of combination plans that serve to reduce the risks to insurers issuing life or annuity products linked to long-term care insurance. Observations are provided to assist in the understanding of the factors that explain the profit change sensitivity results and the natural hedging against major risks that inherently is present within the linked products.

Description: Surveys individual life and annuity product guarantee features -other than mortality, expense and interest - being offered by insurers, their associated risks, the methodologies used to analyze, quantify, and manage these risks, and their impact on policyholder behavior.

Description: The Society of Actuaries Health Section is pleased to make available a research report examining the use of the PRIDIT method for determining hospital quality. The report was authored by Robert Lieberthal and Dominique Comer of the Jefferson School of Population Health.

Description: The Society of Actuaries (SOA) Research Institute commissioned a study to understand how insurers are responding to the framework used for climate disclosure practices, attempting to identify current practice and best and emerging practice. Used by firms to ensure they manage climate risk appropriately, the framework from the Task Force on Climate-related Financial Disclosures (TCFD) focuses on disclosure of governance, risk management, strategy, and metrics.

Description: This paper, part of the Society of Actuaries [SOA} ‘Research Projects – Finance/Investment,’ is presented by the SOA’s Committee on Finance Research. This research project, jointly sponsored by the SOA and the Casualty Actuarial Society [CAS], explores economic series and provides an Excel-based tool for generating future economic scenarios. In addition to the paper, which includes an excel workbook containing results of model simulations, there are the following appendices - Appendix A, a 26 page ‘user’s guide,’ Appendix B, a 91 page document entitled ‘Presentations of This Research,’ Appendix C, a zipped file containing hundreds of scenarios i.e., simulation paths of financial and economic variables, generated as output from the Financial Scenario Model, and Appendix D, the model itself in an Excel workbook.

Description: A study of whether tobacco, area and industry rating in one state may be reflecting unintended factors such as race, ethnicity or socioeconomic status. This study does not consider whether the rating factors accurately reflect underlying claims costs.