Description: This report, part of the Society of Actuaries [SOA] ‘Experience Studies – Business Practice Surveys,’ presents the results of a survey conducted by the SOA Committee on Life Insurance Mortality and Underwriting Surveys – Regulation XXX Survey Subcommittee. The purpose of the survey was to explore the actions companies took on their term products in response to the introduction of the NAIC Valuation of Life Insurance Policies Model Regulation [Regulation XXX] and Actuarial Standard of Practice No. 40, including the development of companies' ‘X factors,’ the associated annual X factor certification process, and how Regulation XXX impacted the companies' level term pricing.

Description: This report presents the results of a survey undertaken by the Society of Actuaries Committee on Life Insurance Mortality and Underwriting Surveys - Early Duration Claims Survey Subcommittee. The Survey was sent to actuaries and underwriters at life insurers and life reinsurers in the United States and concerned life insurance claims in early policy durations – defined as the first five policy years. Topics of questions included underwriting, claims practices, how early duration claims are monitored, and early duration mortality experience.

Description: This report, part of the Society of Actuaries [SOA] ‘Experience Studies – Business Practice Surveys,’ presents the results of the survey conducted by the SOA Committee on Life Insurance Mortality and Underwriting Surveys - Older Age Underwriting Practices Survey Subcommittee. The purpose of this survey is to explore practices that underwriters utilize in both formal and informal ways to assess older age applicants.

Description: Feature article describing how the Society of Actuaries (SOA) partnered with the Association of Home Office Underwriters (AHOU) and the Canadian Institute of Underwriters to conduct research focused on new medical tests and markers that may have significance and relevance to the life insurance markets to get a sense of where underwriting practices are going in the future.

Description: A summary of the progress and recommendations of the Mortality Study Working Group and a request support in implementing the recommendations.

Description: Summary of the recommendations of the Society of Actuaries Mortality Study Working Group, whose purpose was to re-evaluate the scope and content of the Society’s mortality experience studies and to develop long term strategic direction.

Description: This report presents the results of a survey of the actions companies took on their term products in response to the introduction of the NAIC Valuation of Life Insurance Policies Model Regulation, ‘Regulation XXX,’ and Actuarial Standard of Practice No. 40. The survey also explores the development of companies' X factors, the associated annual X factor certification process and how Regulation XXX impacts the companies' level term pricing. The survey was conducted by the Regulation XXX Survey Subcommittee of the Society of Actuaries Life Insurance Mortality and Underwriting Survey Committee. Common survey responses to Regulation XXX included consideration of reinsurance, changes in product design, the most common changes reported being the length of the guarantee period and the level of the gross premiums, and changing rates on existing products.

Description: SOA Product Development Section Contest Winning Article. Contest was to provide a creative article on future technology for the life insurance industry.

Description: This report presents the compilation of data received from life companies responding to a survey on preferred risk underwriting and provides opinions of the Task Force on Preferred Underwriting with respect to future trends.

Description: This session 103PD of the Toronto Spring Meeting presents the results of three surveys recently completed by members of the Society of Actuaries Mortality and Underwriting Survey Committee. The surveys explore mortality improvement, older age underwriting techniques and how decisions on lab testing are made. From the Record of the Society of Actuaries, Volume 27, No. 2, Session 103PD