Announcement: SOA releases passing candidate numbers for April 2024 Exam PA.

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  • Using Relevant Experience Data to Increase Credibility and Reduce Margins
    experience from other sources in setting a company’s mortality experience assumption: b. Company experience ... company experience for books of business within the mortality segment. ii. Experience from other books of ...

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    • Authors: Marianne C Purushotham, Mark Birdsall
    • Date: Sep 2017
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Financial Reporter
    • Topics: Actuarial Profession>Best practices; Enterprise Risk Management>Risk measurement - ERM; Experience Studies & Data>Mortality; Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance
  • Dynamic Assumption-Setting for Variable and Non-Variable Annuities
    Marianne Purushotham and Mark Birdsall An nu al S ur re nd er R at e 30% 25% 20% 15% 10% ... lowing contract benefit utiliza- tion categories in Table 1. Exhibit 2 shows rates of full surrender by ...

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    • Authors: Mark Birdsall, Marianne C Purushotham
    • Date: Sep 2015
    • Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Financial Reporter
    • Topics: Annuities>Policyholder behavior - Annuities; Annuities>Variable annuities
  • PBA Corner
    terminations to be based on assumptions for mortality and lapse resident in the model. The unexpected ... up to this point would track both NPR and DR. Table 1 shows one example of how the reserve change in ...

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    • Authors: Karen Rudolph
    • Date: Dec 2017
    • Competency: Communication>Written communication; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: The Financial Reporter
    • Topics: Financial Reporting & Accounting>Statutory accounting