Description: In January 1998, the NAIC Life and Health Actuarial Technical Task Force asked the Society of Actuaries to address disability reserving issues. The reason for this request was that the NAIC had received reports that statutory reserves based on the current morbidity tables frequently fail the tests of adequacy and reasonableness. Further, they requested that this review extend to contract and claim reserves and across all lines of disability insurance - group and individual, and short- and long-term. They also requested help in establishing when it is appropriate for a company to use its own experience in valuation. This report represents a recommendation to the NAIC for an interim update to the 1985 CIDA Table for Individual Disability claim reserves. This zip file contains the final report and appendices.

Description: Letter issued by the Society of Actuaries to Life Insurance Companies that have indicated they could contribute to a Mortality Study of Individual Variable Annuities in the Deferred Period. Instructions on how to contribute data are included.

Description: The study measures incidence rates, loss severities and economic loss rates associated with credit risk events for privately placed debt during the years 1986-2002.

Description: The Group Life Insurance Experience Committee of the Society of Actuaries has completed the 2005 Group Term Life Waiver Reserve Table Report. There were several compelling reasons to develop a new experience study and table, not the least of which was that 35 years is a long interval for any study. This is the excel Calculation Spreadsheet for Reserve Factors for Group Term Waiver of Premium [NAIC version]. Please see the SOA website for the Report of the Group Life Experience Committee for March 2006.

Description: This report describes the mortality experience by cause of death from 1983 to 1988 policy anniversaries and includes data from the same companies that contribute to the annual study of Mortality under Standard Ordinary Insurance Issues.

Description: This report presents results from the study undertaken during 1993 and 1994 by the Direct Response Persistency and Mortality Task Force. Direct response product experience is presented for persistency, and mortality for both underwritten and guaranteed issue products.

Description: Report presenting results of tabulations from the 1985 National Nursing Home Survey estimating nursing home utilization data.

Description: Table of Contents of 1954 Reports of Mortality and Morbidity Experience.

Description: This report is an inter-company experience study of mortality under group annuity contracts.

Description: This report adds the experience by number of lives for calendar years 1960-64 under group term life insurance policies to that previously reported in the 1960 report and is limited to groups with at least 25 lives. Disability data is also included for premium waiver, extended death benefit, and total and permanent disability clauses which provide for payout of face amount.