Description: The Q&A’s contain additional background information on the development, application and impact of Scale BB. Scale BB was introduced in March 2012 as an interim mortality improvement scale which may be used by pension actuaries until work on a formal successor to the widely used improvement scale, Scale AA, is complete.

Description: The American Academy of Actuaries and the Society of Actuaries (SOA) have joined resources to manage the economic scenario generators used in regulatory reserve and capital calculations.

Description: Report summarizing the results of the 2009 Policyholder Behavior in the Tail working group with respect to UL policies with Secondary Guarantees Survey.

Description: In January 1998, the NAIC Life and Health Actuarial Technical Task Force asked the Society of Actuaries to address disability reserving issues. The reason for this request was that the NAIC had received reports that statutory reserves based on the current morbidity tables frequently fail the tests of adequacy and reasonableness. Further, they requested that this review extend to contract and claim reserves and across all lines of disability insurance - group and individual, and short- and long-term. They also requested help in establishing when it is appropriate for a company to use its own experience in valuation. This report represents a recommendation to the NAIC for an interim update to the 1985 CIDA Table for Individual Disability claim reserves. This zip file contains the final report and appendices.

Description: Table of Contents for 1995-96 Reports of Mortality, Morbidity and Other Experience

Description: Table of Contents for 1993-94 Reports of Mortality, Morbidity and Other Experience

Description: Introduction to and list of reports presented in the 1993-94 Transactions Reports of Mortality, Morbidity and Other Experience.

Description: Covers experience from 1973 - 1978 on nonsmoker mortality to be used by the NAIC and its Technical Advisory Committee as a basis for developing interim valuation standards for nonsmoker ordinary business. Interim scaling factors to be applied to specified valuation mortality tables are also provided to develop smoker and non-smoker valuation mortality.

Description: This report presents the formal recommendation for a new mortality basis for individual annuity valuations. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: The 1980 CSO Tables were developed by the Special Committee to Recommend New Mortality Tables for Valuation to replace the existing 1958 CSO Tables as the minimum standard for valuation. This paper presents the new tables and recommendations. From Transactions of Society of Actuaries 1981, Vol. 33.