Description: This report contains a set of of unloaded and loaded mortality tables for guaranteed issue business.

Description: This report contains a set of of unloaded and loaded mortality tables for guaranteed issue business.

Description: Survey form

Description: The Financial Reporting and the Product Development Sections as well as the Committee on Life Insurance Research, are pleased to make the following report available. Authored by a MIB Solutions team of Tom Rhodes, Stuart Klugman, Marianne Purushotham and Stacy Gill, the report summarizes the results of a study on the application and adoption of credibility theory within the life insurance and annuity industry. In addition to the report, numerical examples related to the application of credibility to company mortality and lapse data are provided in the four Excel files.

Description: The Society of Actuaries released research in 2007, performed by Jim Toole, that develops a model for a U.S. individual life insurance company to consider its potential liability exposure as a result of a pandemic. Sponsored by the Mortality and Longevity Strategic Research Program Steering Committee, this paper updates several model assumptions including mortality in light of COVID-19.

Description: This discussion on ordinary insurance looks at important considerations in the development of benefit structures, premium levels, reserve issues and notifying policyholders of their rights at the option dates. From Transactions of Society of Actuaries 1959, Vol. 11, No. 29 AB.

Description: This is a report on the results of a survey, conducted during July and August 2008, on the current practices and reactions related to life settlements. A life settlement is a financial transaction in which a policy owner possessing an unneeded or unwanted life insurance policy, sells the policy to a third party for more than the cash value offered by the life insurance company at the time of sale.

Description: Report summarizing the results of the 2011 PBITT UL with Secondary Guarantees Survey

Description: This is a addendum for the research report summarizing results of premium persistency assumptions used by life insurers for flexible premium UL products.

Description: This document describes an effort to measure the deaths in the US population relative to pre-pandemic expectations. The actual deaths used are as reported by the US Center for Disease Control (CDC) and we consider several different methods for setting the expectations, adjusting for the estimated mix by age, sex, and time of the year (seasonality).