Description: Many countries have suffered the ups and downs of the COVID-19pandemic, and Mexico is no exception. Even worse, in contrast withEuropean countries that saw numbers dip during the summer of2020, Mexico did not. A first peak was reached at the end of July2020, then a slight decrease in the following two months. SinceOctober, Mexico has experienced the worst increasing trend of thewhole epidemic. In this article, Arturo Erdely, a professor of actuarialscience, explains this increase.

Description: Organizations representing the actuarial professions in Canada and the United States have updated the Actuaries Climate Index (ACI) with data from the winter of 2018–19, with the 1.00 value for the season contributing to an upward trend in the average ACI value for winter.

Description: Discuss a comparison of the U.S. general and insured population mortality experience and how COVID-19 and non-COVID-19 excess deaths impacted the populations differently. Discover the population mortality experience in the UK with a focus on the recent emergence of excess deaths for non-COVID causes. The long-term implications on the insured population will also be explored. Wrap up with a discussion of different conditions of long COVID, including organ impairments.

Description: The strategic plan of the Society of Actuaries (SOA) Research Institute includes several important research goals. One goal is to support emerging issues and topics in established practice areas and encourage the development of research projects that have a strong impact on the actuarial profession. The primary purpose is to select and fund high-quality research projects that directly educate members on applicable topics. Additionally, the SOA Research Institute desires to develop additional intellectual capital that serves the interest of the public and the profession’s stakeholders. The Research Executive Committee (REC) of the SOA Research Institute oversees the funding of the Emerging Issues Pool. This key source of research funding is used to sponsor projects that are beneficial to the entire profession, across practice area boundaries that may require funding levels beyond the normal annual funding budgets of research committees and sections. The REC is issuing this Request for Proposals (RFP) to fulfill the strategic goals of the organization through the use of this pool for funding new projects.

Description: 2020 and 2021 presented numerous challenges to life and annuity product development actuaries. External forces required carriers to rethink underwriting requirements and risk assessment in real time. Alterations in regulatory frameworks and statutory requirements forced changes to product development priorities while alterationsin the work environment forced changes in how work routines were structured. This session will bring together a group of life and annuity stakeholders to discuss how they addressed these and other challenges, and how their work will be impacted going forward.

Description: In this Society of Actuaries (SOA) Research Institute report, authored by consultants from Milliman, Inc. (Milliman) we aim to study the effects of hurricanes on human health: whether there is a relationship between hurricanes and the observed prevalence of healthcare utilization or certain health conditions among the affected population, whether this relationship can be observed through a healthcare utilization dataset, and whether there is an interaction between this observation and metrics of socioeconomic vulnerability.

Description: Excel file supporting weather extremes report.

Description: Excel supporting spreadsheet.

Description: Actuarial weather extremes, November 2020

Description: This report examines three extreme weather phenomena in December 2020: Continuing drought in the Western United States, heavy precipitation, snowfall, and flood in the Eastern U.S., and ranking 2020 global land and ocean temperature vs previous annual averages of the last 141 years.