Description: Sponsored by the SOA's Product Development Section, Financial Reporting Section, Committee on Life Insurance Research and the Canadian Institute of Actuaries, this report examines the application of credibility theory in the Canadian life insurance industry.

Description: Situated at the intersection of psychology, neuroscience, sociology, and economics, behavioral economics (BE) centers on applying an honest understanding of human behavior to practical problems. This report is designed to provide general familiarity to the reader interested in the subject of BE and motivate additional research on the topic.