Description: Ronald Fawthrop and Brian Holland of the SOA’s Individual Life Experience Committee provided a preview of an upcoming individual life mortality study at the SOA’s Life and Annuity Symposium on May 9, 2017. Their presentations are available here.

Description: Are you 'dying' to learn about how the mortality data, submitted under the NAIC's Valuation Manual Experience Reporting Requirements (VM50 & VM51), is used? The SOA's Individual Life Experience Committee (ILEC) will describe the data validation 'experience' and explain on how the data eventually influences statutory valuation requirements. The presenters will also 'expose' attendees to the latest insights and observations in the data. Attend this session and learn how the SOA 'minds it's p's and q's' in individual life insurance. At the conclusion of the session, attendees will be able to: - Describe the various types of SOA research that have been performed on the data collected under VM50 and VM51 - Describe the database, released by the SOA, that is compiled from the data collected under VM50 and VM51 - Explain the importance of data quality in VM50 submissions - Identify how the data that is submitted under VM50 would be used to determine Principle-Based Reserving requirement