Description: This report provides an overview of Takaful as an alternative approach to insurance, focusing on its ethical principles, historical background, operational framework, comparison with conventional insurance, and the potential growth and impact on society. It analyzes Takaful as a Shari’ah-compliant financial service and its potential in international markets.

Description: This research report develops a framework for modeling and pricing cybersecurity risk.

Description: The Society of Actuaries (SOA) Research Institute commissioned a study to understand how insurers are responding to the framework used for climate disclosure practices, attempting to identify current practice and best and emerging practice. Used by firms to ensure they manage climate risk appropriately, the framework from the Task Force on Climate-related Financial Disclosures (TCFD) focuses on disclosure of governance, risk management, strategy, and metrics.

Description: This report focuses on analyzing and managing climate change and carbon risk in the equity investment portfolios of insurance company and pension fund assets.

Description: This report provides a general introduction, a brief summary and a list of references that include various articles, papers, program proposals and legislative notes that provide additional insight into the following topics related to Business Interruption Insurance and the effects of the coronavirus (COVID-19) pandemic on its current and future state of coverage: • General Information on Business Interruption Insurance • Legal Actions • State and Federal Legislation • Proposed Private/Public Partnerships for Future Pandemics as they Relate to Business Interruption Insurance • Impact of COVID-19 on Businesses, Insurers and Reinsurers: Magnitude of Losses and Future Business Interruption Coverage • Future of Insuring a Pandemic

Description: This report provides methodological tools for an insurer to better understand the potential losses incurred by autonomous vehicles in the context of rollover risk.

Description: This report identifies and makes recommendations regarding possible exposure measures for pricing and analyzing the risks in cyber insurance. Cyber insurance is an insurance product that is designed to provide protection against the financial consequences of a failure or compromise of an organization’s information system as a result of a cyber event.

Description: This report proposes a methodology to isolate crop yield improvement due to technological change and favorable and unfavorable weather.

Description: This research project seeks to develop a broader understanding of the relationship between ownership of insurance and retirement products and the income and wealth gap between races and ethnicities in the United States.

Description: The Society of Actuaries Research Institute is pleased to make available a research report summarizing the findings of two Accelerated Underwriting surveys conducted by Milliman to direct companies and reinsurers. Sponsored by the Marketing & Distribution, Product Development, Reinsurance and Smaller Insurance Company sections, the purpose of the study was to not only determine how practices have changed, but also how they have changed because of COVID-19.