Description: The VBT Analysis Subgroup (“Subgroup”) of the Joint Academy Life Experience Committee and SOA Preferred Mortality Oversight Group (“Joint Committee”) recommends the approach documented in this report for determining when there is sufficient change in the emerging actual mortality experience relative to the current VBT to warrant changes to the table.

Description: The Individual Life Experience Committee has completed their latest report on intercompany mortality experience by amount of insurance under standard individually underwritten issues. This includes study years 2009-2016.

Description: An application of GLM trees to mortality modeling using the Individual Life Experience Committee 2009-2015 dataset. GLM trees are a hybrid of GLMs and decision trees which are analogous to the way actuaries have analyzed data. The major benefits include speeding up actuarial analytic workflows, improving data understanding, and improving data visualization.