Description: This report, part of the Society of Actuaries [SOA] ‘Experience Studies – Business Practice Surveys,’ presents the results of a survey conducted by the SOA Committee on Life Insurance Mortality and Underwriting Surveys – Improving the New Business Process Survey Subcommittee. The survey examined the various changes U.S. and Canadian life insurance companies have recently made, or are considering making, to improve the new business process and to determine which changes were considered by the respondents to have had the most impact. Survey topics include the application process, changes to underwriting requirements, underwriting systems, underwriting resources, experience based on past changes, and policy delivery.

Description: This is a study of Pension Benefit Guaranty Corporation (PBGC) mortality experience. The study consists of data furnished by the PBGC for the time period of September 30, 2009 through September 30, 2014. All of the data come from single-employer pension plans taken over by the PBGC in a distress termination. This is the SOA’s first study of PBGC experience and provides another comparison point of retirement plans mortality experience for work performed by pension actuaries.

Description: The primary focus of this study was a comprehensive review of recent mortality experience of public retirement plans in the United States.

Description: This study examines the persistency of deferred annuities on a contract anniversary basis. The study was designed to analyze the surrender activity of deferred annuities by selected product, customer, and distribution characteristics.

Description: The Canadian Institute of Actuaries (CIA) and Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on level premium term life insurance products with a particular focus on the magnitude and impact of the “shock lapse” at the end of the level premium period. This project is similar to the SOA-sponsored research completed by RGA in 2014 for USA business.

Description: This paper will discuss the mortality experience of retired railroad employees during the policy years 1953-56 and present the new mortality table for disability annuitants. From Transactions of Society of Actuaries 1958, Vol. 10, No. 27.

Description: Table of Contents for the 1967 Reports of Mortality and Morbidity Experience. From the Transactions of Society of Actuaries, 1967 Reports.

Description: The Group Life Insurance Experience Committee of the Society of Actuaries has completed the 2005 Group Term Life Waiver Reserve Table Report. There were several compelling reasons to develop a new experience study and table, not the least of which was that 35 years is a long interval for any study.

Description: The Society of Actuaries and LIMRA have sponsored a Variable Annuity Guaranteed Living Benefit Utilization Study. This study is an annual update of earlier investigations conducted since 2006

Description: This study covers a five-calendar year period, years 2011-2015. Death claims incurred during this five-year period and paid by the data collection date were included. The data was primarily collected during the summer and fall of 2017, which would allow a minimum of 18 months following date of death for a claim to be paid. The study was limited to single premium credit life insurance.