Description: The author describes a recent LIMRA study of agent terminations. The article describes the assumptions and methods used in the study, and provides a table comparing the results of this study, called the Brzezinski 1979 Agent Termination Tables, with agent termination rates derived from previous studies.

Description: Discusses changes that the Experience Committees of the Society are making to their processes to improve timeliness and quality of data.

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: This report discusses drivers of U.S. mortality improvement for the short and long term.

Description: New for 2017, we are introducing a series of articles by experienced industry professionals who are relatively new to long-term care (LTC).

Description: In this article, the author comments about an exposure draft of a proposed revision of Actuarial Standard of Practice 23 dealing with data quality.

Description: Using the Cox proportional Hazards Model to improve underwriting debits and credits.

Description: This paper presents the modeling of mortality risk from exposure to a potential future extreme event such as a natural disaster and a terrorist attack, and its impact on life insurance. With this new model, quantities associated with the total force of mortality such as survival function are derived and the impact of mortality risk on life insurance is examined.

Description: The Committee's charge was to develop new disability tables for possible adoption by appropriate authorities for valuation of individual policy reserves, i.e. active life reserves, and individual and group claim reserves for disabled lives. It was generally agreed that the current valuation table, the 1964 Commissioner’s Disability Table, ‘1964 CDT,’ was no longer appropriate for several reasons. This paper presents the detailed results of the committee's findings and their recommendations. From the 1985 Transactions, Vol. 37.

Description: An update to the 1975-79 report, this time including experience by amounts as well as by lives.