Description: Mandatory implementation of life principle-based reserves (PBR) is just around the corner and there is no shortage of work to do, as most products have yet to be moved to PBR. Oliver Wyman recently completed its 2019 PBR survey, with more than 40 participants covering 85 percent of the individual life market, including 23 of the top 25 life writers and five reinsurers. This article will expand on the key survey findings, including implementation trends, analysis to date and recent discussions and decisions on the treatment of non-guaranteed reinsurance.

Description: The Committee on Life Insurance Company Expenses is currently seeking life insurance company data submissions to the 2012 Individual Life and Annuity Expense Study.

Description: This is a supplemental Excel Workbook to the Select Period Mortality Survey report. The workbook contains additional analysis of the responses submitted for the select period mortality assumption survey. This project was sponsored by the SOA’s Product Development Section and the Committee on Life Insurance Research.

Description: This appendix II Report on the Life and Annuity Living Benefits Survey provides supplemental information for the Report on Life and Annuity Living Benefit Riders: Considerations for Insurers and Resinsurers. Appendix A gives a list of 34 participants and Appendix B provides a glossary of terms used in the report. The report utilizes a literature review, company survey, company interviews and/or other methods to catalog a listing of common living benefit riders. It was sponsored by the Product Development and Reinsurance Sections along with the Committee on Life Insurance Research.

Description: This research report discusses simplified issue underwriting in life insurance. It examines recent developments, characteristics, challenges, current practices, assumptions and data elements.

Description: Survey form

Description: The Canadian Institute of Actuaries (CIA) and the Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on Canadian level premium term life insurance products with a particular focus on the magnitude and impact of the “shock lapse” at the end of the level premium period. This project is similar to the SOA-sponsored research completed by RGA for U.S. term plans in 2010 and updated September 2013 and May 2014.

Description: This report contains a set of of unloaded and loaded mortality tables for guaranteed issue business.

Description: This report contains a set of of unloaded and loaded mortality tables for guaranteed issue business.