Description: Table featured in the Futures Research Project Provides Insight into Tomorrow's Economic Environment article in The Actuary. Please see the SOA Website research section for the full report on the Delphi Study of Economic Variables. These variables are 1. Change in CPI, 2. 10 Year T-Bill rates, 3. S&P500 rate of return and 4. Corporate Baa Bond Yields.

Description: This seminar is designed to give life and annuity practitioners an in-depth view of the important topics and fundamentals of reinsurance, from the perspective of a U.S. life insurance company. Reinsurance industry experts will present on the various types of reinsurance, contract issues, financial implications and other considerations. Attendees will leave this seminar with a stronger understanding of life and annuity reinsurance, and current topics. Keep in mind this seminar is designed for participants with a moderate level of experience. Educational Objectives • Provide attendees with a stronger understanding of life and annuity reinsurance, and current topics • Give attendees an in-depth view of important topics and fundamentals of reinsurance

Description: The Society of Actuaries and LIMRA have sponsored a U.S. Individual Disability Income Persistency Study. The report, authored by Cathy Ho and Steve Elek, presents the results of a study of individual disability income (“IDI”) lapse experience in the United States between observation years 2000 and 2007. This is the first report in a two-part series that will present results of a study conducted jointly by LIMRA and the Society of Actuaries (SOA) and based on data provided by 12 individual disability income insurance writers.

Description: This article discusses the charge of a joint committee of the SOA and American Academy of Actuaries to define the role of the valuation actuary in the U.S.A.

Description: The author, as Chief Actuary, Veterans Administration, submitted this mortality experience of Servicemen’s Group Life Insurance for years 1967 to 1969.

Description: When annuity products became prevalent in the U.S., they all looked more or less the same. It was where folks put their safe retirement money, yielding modest guaranteed returns with a menu of payout options to help secure their retirement. Over time, this commoditization lead to a pricing squeeze and an exhaustive set of product options and features, exposing carriers to market and policyholder behavior risk over the past decade or so.

Description: Odd patterns in mortality curves can be caused by bad data. The author hypothesizes that the negatively sloped mortality rates at the highest ages for U.S. males are caused by overstating age at death, and the low mortality rates for Japanese females by failure to report deaths. The paper upholds the first hypothesis but soundly defeats the second. The paper also demonstrates the impact of mishandling incurred but unreported deaths.

Description: Abstract: Odd patterns in mortality curves can be caused by bad data. The author hypothesizes that the negatively sloped mortality rates at the highest ages for U.S. males are caused by overstating age at death, and the low mortality rates for Japanese females by failure to report deaths. The paper upholds the first hypothesis but soundly defeats the second. The paper also demonstrates the impact of mishandling incurred but unreported deaths.

Description: This is a table that provides Non-Viet Nam Mortality Experience for Calendar Years 1970 to 1972 combined by branch of service and age. This was supplied by Servicemen’s Group Life Insurance. From The Actuary Vol. 7, No. 10.