Description: This is a paper from the session on Migration and Other Factors at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: This is a paper from the session on Impact of COVID-19 on Mortality at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: Group life insurance often represents an important component of the typical employee benefit package. The purpose of the present paper is to explore some aspects of different benefit schedules. In this paper, a method is suggested for analysing group life insurance benefit schedules with respect to certain criteria. The procedure is illustrated by means of simple numerical examples.

Description: Securitization of mortality risks is an alternative risk management tool that may have some advantages over reinsurance. The purpose of this paper is to study mortality-based securities, such as swaps and mortality bonds, and to price the proposed mortality securities. We focus on group life annuity data, although the techniques could be applied to other lines of annuity or life insurance.

Description: Presented at Living to 100 Symposium, January 2011. This research studies coherent mortality modeling by combining a group of populations with similar period effects - e.g., mortality behaviors - in an effort to improve the stability of mortality modeling for older ages.

Description: A short article from the Expanding Horizons newsletter, issue 26, published in April of 2003 that details the treasurers report for the E&R Section.

Description: This is a paper from the session on Migration and Other Factors at the January 15-18, 2023, 2023 Living to 100 Symposium in Orlando, Florida.

Description: The values of life insurance and annuity liabilities move in opposite directions in response to a change in the underlying mortality. Natural hedging utilizes this to stabilize aggregate liability cash flows. Our study shows empirical evidence that insurers who utilize natural hedging also charge lower premiums than otherwise similar insurers. This indicates that insurers who are able to utilize natural hedging have a competitive advantage. In addition, we show how a mortality swap might be used to provide the benefits of natural hedging to a firm that writes only one of the lines of business.

Description: Presented at Living to 100 Symposium, January 2011. This article estimates the impact of obesity and diabetes on disability and mortality for those older than 65 using the 2004 National Long Term Care Survey with disability based on the Health Insurance Accountability and Portability Act's Activities of Daily Living and Cognitive Impairment triggers.

Description: The purpose of this status report is to advise practitioners about subsequent research and analysis conducted by the Advisory Group regarding these items. At this time, there are no new enhancements to the MIM-2021 tools.