Description: The life annuity mortality risk is the variation in actual financial experience of a group of annuitants from that expected, attributable to the mortality experience of the group. This paper investigated the mortality risk present in a single life annuity and determine the effect of age, sex, assumed interest rate, mortality table, and form of annuity on this risk. Then, it investigated the mortality risk in various portfolios of annuities. Followed by several discussion papers submitted

Description: Discusses notation deficiencies.

Description: This report presents the results of the 1986-92 Credit Risk Event 'CRE' Loss Experience Study which represents a continuation of the 1986-89 pilot study analyzing loss experience by institutional investors on private placement bonds. This continuing study is being conducted under the auspices of the Society of Actuaries and involves thirteen institutional investors which accounted for between 34% and 42% of outstanding life insurance company private placement bond holdings during the study period. The study measures incidence rates, loss severities and economic loss rates associated with credit risk events for privately placed debt during the years 1986-92. From Transactions of Society of Actuaries 1997-98 Reports.

Description: It is the objective of this paper to highlight and analyze the difference in funding level per participant in the context of a specific situation when determined on an aggregate basis versus an individual basis. From Transactions of Society of Actuaries 1986, Vol. 38.

Description: The purpose of this statement is to describe principles and considerations regarding the provision made by insurance organizations relative to life actuarial risks. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: Traditionally, actuarial techniques are used to study mortality and morbidity experience. But an SOA study demonstrates that similar methods can be used to analyze the mortality and morbidity of assets i.e., credit risk events such as restructures, defaults, foreclosures, and bankruptcies. This is a Summary of the Final Report: 1986-1989 Credit Risk Event Loss Experience, Commercial Mortgage Loans and Private Placement Bonds. From ACTUARIAL RESEARCH CLEARING HOUSE, 1994 VOL. 1.

Description: This statement is an expression of opinion by the Committee on Actuarial Principles regarding the identification of actuarial principles to be considered for adoption by SOA membership. This covers the following types of principles: statistical, economic and financial, modeling, risk management.

Description: This is a 2006 draft of SOA Accreditation of Academic Actuarial Science Programs that was offered for review and comments. From Actuarial Research Clearing House, 2006.

Description: Formal report of the Accreditation Implementation Task Force to the Board of Directors at its June 2005 meeting. This document contains general objectives of the task force, membership and structure information, and the group's strategic plan for implementing an accreditation program for actuarial science academic programs.