Description: Future mortality improvement has been a common assumption in life insurance and annuity pricing and forecasting for many years. However, experience over the last decade suggests this might be an assumption that merits reconsideration in the United States. This article will take a closer look at factors that impact mortality improvement trends and discuss why insurers may want to reevaluate product designs to better manage the associated mortality risk. We then introduce a product idea with this in mind, where premiums are based on a life expectancy index and insurers share the risk (and opportunity) or mortality improvement with policyholders.

Description: This discussion presents the intercompany experience under Standard Ordinary life policies data in groupings and formats not shown in the regular report. The first table shows 1981 - 1986 mortality ratios for grouped ages, split by type of underwriting. The 2nd table shows smoker and non-smoker mortality for 1985 - 1986 by type of underwriting and age groups. The 3rd table shows smoker polices in 1985 as a percent of policies issued by type of underwriting and age groups.

Description: This presentation was given at the 2016 SOA Annual Meeting and presents results of an Older Issue Age Mortality Analysis

Description: This report provides the mortality experience from 1972 to 1977 policy anniversaries on Standard Ordinary Insurance policies.

Description: This article discusses the implications of a groundbreaking test that can help people determine how long they have left to live.

Description: This report presents a new set of Select and Ultimate Basic Tables. The tables are based on the combined intercompany mortality experience under Standard Ordinary insurance issues observed between 1965 and 1970 policy anniversaries.

Description: This is the 1964 Report covering the intercompany experience under standard ordinary insurance issues between 1962 and 1963 anniversaries. It includes medical and nonmedical issues in the first fifteen years and sixteenth and subsequent years. The five year period between 1958 and 1963 is analyzed by sex.

Description: This report covers the intercompany mortality experience under Standard Ordinary Insurance issues between 1963 and 1964 anniversaries. It reviews mortality experience from medical and nonmedical issues in the first fifteen policy years and the sixteenth and subsequent years. From the Transactions of Society of Actuaries, 1965.

Description: This report covers the inter-company experience under Standard Ordinary Insurance issues between 1969 and 1970 anniversaries.

Description: Covers the intercompany mortality experience for Canadian Standard Ordinary Life insurance policies for 1987 - 1988 anniversaries.