Description: The article explores the possibility of using the emerging technology for life insurers to build a monitor system for better risk and profitability management.

Description: We employ a framework for the classification of mortality evolution patterns to HMD data. We find both supra-regional patterns and outliers from global trends.

Description: This study used the Impairment Study Capture System (ISCS) to examine mortality results of policies, beginning in 1989, on insured lives with elevated blood pressure.

Description: In the June 2014 issue of Product Matters, Doug Robbins of Pacific Life authored a fascinating article entitled “Velocity of Diversification.” Therein, he proposed a pricing measure that describes the “…speed at which confidence in profitability is attained”. How can stochastic modeling of mortality be applied to analyze the velocity of diversification, and how would that measure be affected by volatility in the underlying assumptions?

Description: Summary of the recommendations of the Society of Actuaries Mortality Study Working Group, whose purpose was to re-evaluate the scope and content of the Society’s mortality experience studies and to develop long term strategic direction.

Description: We employ a framework for the classification of mortality evolution patterns to HMD data. We find both supra-regional patterns and outliers from global trends.

Description: In this paper, presented at the Eastern Spring Meeting of the Society of Actuaries, held March 24-25, 1960 in Washington, D.C., the author documents the determination of elementary functions and monetary values of the 1941 CSO Mortality Table on an age last birthday basis, noting that until this time the tables had been published only on the basis of age nearest birthday. The impetus of this change was the author’s company, Metropolitan Life, having recently started issuing ordinary life policies on an age last birthday basis, the rational being the use of age nearest birthday had led to policyholder confusion and misunderstanding. Includes discussion. From the 1960 Transactions Vol. 12, No. 33.

Description: This is an Impairment Study Capture System (ISCS) study of contemporary Diabetes Mellitus mortality among insured lives. The policies were issued at standard or substandard premium rates between 1989 and 2002 policy anniversaries.

Description: This paper demonstrates the calculation of the moments of the distribution of aggregate life insurance claims from seriatim inforce data, assuming that each record represents an independent Bernoulli trial with its own known probability of a claim, q. Continuous distributions matching the first three or four moments are identified.

Description: The Society of Actuaries (SOA) and the LIMRA Secure Retirement Institute are pleased to present the results of new research on the retirement market in China.