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: Results of the 2005 inter-company study of expenses for individual life and annuity business conducted by the SOA’s Committee on Life Insurance Company Expenses, CLICE.

Description: Summary report for the eighth expense study conducted by the Society of Actuaries' Committee on Life Insurance Company Expenses [CLICE]. Contributions of individual life and annuity expense data were received from 23 U.S. life insurance companies.

Description: The Group Life COVID-19 Mortality Survey gathers a high-level view of U.S. Group Term Life Insurance mortality results during the COVID-19 pandemic through June 2023, as compared to prior period baseline mortality results. This new report is an update to the survey report released in May 2023, which contained data through December 2022.

Description: A recommendation for a set of improvement factors that vary by gender and attained age to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes.

Description: This article provides encourages participation in and provides instructions for participation in the 2010 CLICE study. The objective of the 2010 study is to provide useful unit expense benchmark information to actuaries and their managements from which to assess their own unit expense performance, while expanding the level of contributions. In addition, CLICE expects the results to be useful in enhancing the generation of the Generally Recognized Expense Table GRET in the U.S. used by some companies to demonstrate compliance with the NAIC model sales illustration regulation.

Description: Table of contents for 1953 reports of Mortality and Morbidity Experience.

Description: Table of Contents for 1956 Reports of Mortality and Morbidity Experience

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 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.