Description: This session looked at techniques suitable, practical or useful in recognizing future improvement in mortality, the projected mortality vs. Actuary's Opinion and should valuation mortality tables be updated frequently.

Description: Book review on Standards for Discussion and Presentation of Errors in Survey and Census Data by the American Statistical Association, Washington, D.C., 1975. The material will be of interest to actuaries and of help in preparing their own study reports. The guidelines discuss some relatively simple means of presenting error estimates for published data.

Description: This article is a brief review of the book “Crime by Computer,” by Donn B. Parker. If you have from time to time become concerned about the security of computer programs records and transactions, this book will give little comfort.

Description: Overview of the entire 2005 Living to 100 and Beyond symposium. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: Summary report of the Annuity 2000 Mortality tables complete with tables. This table is intended as an interim valuation table developed as a projection from the 1983 table.

Description: In authorizing blended 1980 CSO mortality tables to compute minimum nonforfeiture values under Norris-affected policies, the National Association of Insurance Commissioners noted that no change was being made with respect to using separate male and female tables for minimum valuation reserves. The purpose of this article is to call attention to how blended cash values relate to reserves.

Description: This study of mortality on deferred Variable annuities over the period 1991-1995 was designed to test the adequacy of the 1994 MGDB Valuation Mortality Table to cover presumed extra mortality on Variable annuities VAs with Substantial Minimum Guaranteed Death Benefits MGDBs as compared with VAs with Minimal MGDBs. A parallel study of Fixed Annuity experience was carried out as a control. Expected deaths were computed also on the Annuity 2000 Table. The results raise questions as to its continuing safety as a valuation table for individual annuities. The study also shows that mortality levels on Qualified NonPension Trust business are significantly lower than on Nonqualified business.

Description: This report, from the Society of Actuaries [SOA] ‘Experience Studies – Individual Annuities,’ was prepared by the SOA Task Force on Mortality Guarantees in Variable Products. This study of mortality on deferred variable annuities over the period 1991-1995 was designed to test the adequacy of the 1994 MGDB Valuation Mortality Table to cover presumed extra mortality on variable annuities [Vas] with Substantial Minimum Guaranteed Death Benefits [MGDBs] as compared with VAs with Minimal MGDBs. A parallel study of fixed annuity experience was carried out as a control. In addition to report includes a six page document of instructions to participating companies.

Description: Book reviews and summaries on a variety of subjects

Description: This discussion covers an update on mortality research. Specifically, it highlights the long term conditional survival of cancer patients, recent trends in the mortality of the aged, parametric models for life insurance mortality data, and shares an exposure draft of the derivation of the 1983 table A for individual annuity valuation. From Record of the Society of Actuaries 1981, Volume 7, No. 4.