Description: This article discusses the utilization of credibility concepts to reinsurer-cedant moratality analysis.

Description: The article summarizes two of the highest rated sessions sponsored by the Reinsurance Section during the 2013 SOA Annual Meeting in San Diego.

Description: In this paper it will be shown that the result of using the 1975-80 Select and Ultimate Table as opposed to the more modern 1990-95 Select Ultimate Table can be a significant understatement of future mortality and hence, anticipated profits may prove to be illusory.

Description: Discussion of the latest report of the Individual Life Experience Committee ILEC Mortality for Standard Individually Underwritten Life Insurance Between 2005 and 2007 Policy Anniversaries.

Description: The embattled life insurance industry in Australia needs to come to terms with a new environment of heightened claims volumes, unprecedented losses, changing distribution models and even reduced benefits. Like the mythological phoenix that spectacularly regenerates from its ashes every century, Australia’s life insurance industry needs something special to rise from its ashes. Claims management innovation promises to give the necessary impetus for a market that is desperate for some good news, whilst laying the foundation for a claims revolution worldwide.

Description: In setting future mortality assumptions for pricing, the actuary needs to consider not only recent results and recent annualized mortality improvements, but also must look at the possible impact of possible shocks epidemics, wars, etc.