Description: The topic of social and demographic changes has been included in the Emerging Issues Advisory Committee's screening because changes in demographics and social norms can directly impact products offered and how they are distributed by the life insurance industry. Also, changes in demographics can impact pricing and underwriting refinements within the industry. This article focuses on mortality from obesity and on mortality of the older population.

Description: Discusses the market, demographic, and macroeconomic factors that affect actuaries' choices for the assumptions they use in the pricing and valuation of many insurance products.