Description: This article discusses the results of the 2018 SOA Life Reinsurance Survey and looks at overall life reinsurance trends.

Description: This practical session would provide a technical overview about Generalized Linear Model (GLM) and describe how GLM can be applied as a business tool in life insurance. The session would also focus on case-studies sharing across different functional areas such as pricing, fraud detection, underwriting, product development and other real-world applications.

Description: This practical session would provide a technical overview about GLM techniques and describe how GLM can be applied as a business tool in solving business problems in life insurance. The session would also focus on recent real-world case-studies across different functional areas like pricing, fraud detection, underwriting and product development.

Description: The Reinsurance Section, Product Development Section and the Committee on Life Insurance Research are pleased to present 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.

Description: The Canadian Institute of Actuaries and Society of Actuaries Committee on Life Insurance Research, the Product Development Section and the Financial Reporting Section, sponsored this study investigating how the Canadian life insurance industry is utilizing predictive modelling.

Description: Introduction to ILA Module.

Description: 2020 Generally Recognized Expense Table (GRET) recommendations.

Description: Milliman Risk Score will now consider an applicant's Rx and Credit Data. RGA has developed a comprehensive DHD platform and scoring algorithm to transform raw DHD into actionable underwriting assessments. Both new tools will be presented.

Description: In this mock jury trial, a life insurance company defends their underwriting process. The audience, as the jury, will render the verdict.

Description: With the halfway point of the transition period in the rear view mirror, many companies are well underway with their VM-20 implementation and analysis efforts. Beyond attempting to master the new rules of the road, actuaries have discovered new effects of product design and assumption setting. Panelists in this session will discuss their experiences with VM-20 reserves for various products and designs, their applications of actuarial judgement and the areas where even they don’t have all the answers. The audience is encouraged to bring their questions and also to share their insights.