Description: The Individual Annuity Experience Committee of the Society of Actuaries has completed an experience study of individual payout annuities, covering calendar years 2009 through 2013. View the 2009-13 Individual Payout Annuity Experience Pivot Tables - Individual contract duration year.

Description: The document is a Request for Data Contributions for the 2022-23 Variable Annuity Contract Holder Behavior Experience Study. It outlines the purpose of the study, data submission procedures, important dates, data transmission instructions, study outputs, benefits to data contributors, and data access and ownership details.

Description: While our ability to access and analyze large quantities of data is better than ever, many long-term products suffer from sparse data in critical risk areas, such as deep in-the-money lapse experience and long-term utilization rates for income guarantees. The presenters will explore industry-level annuity experience data for these types of situations, and discuss quantitative approaches to addressing them in pricing and other applications.

Description: Attend this webcast to learn more on how to navigate managing ESG principles in the new normal of a post-COVID world. Enhance your ESG insights in a post-pandemic landscape.

Description: Given the rise in interest rates during 2022, explore the implications of increasing rates on FA and FIA business by looking at industry experience for FA and FIA products for 2022 compared to earlier years. Additionally, come walk through partial withdrawals, GLWB utilization, mortality and what to expect as interest rate volatility continues. You'll also discover how direct writers and reinsurers are handing the in-force management aspects of these products in the uncertain and volatile economic periods. Key learning outcomes include: - Understand the impact of rising rates on dynamic lapse for FA and FIA products - Explanation ofin-force management actions that are being taken in the current interest rate environment - Be informed of current trends in GLWB utilization

Description: A lot is happening in the annuity industry. The presenters will provide an overview of key developments in annuities and their implications to product actuaries. They will discuss recent product and market trends in fixed, indexed and variable annuities. They will also explore emerging regulatory requirements affecting annuities, such as VM-22 and Best Interest rules, as well as how they may impact product development. - Learn about recent product and market trends in annuities - Be informed of key emerging regulatory developments affecting annuities - Understand how these developments may affect product development

Description: 2022 was a year of radical change for the annuity market as interest rates increased off historic lows. The rapid growth of RILA products stalled as FIA and MYGA products gained market share. The impacts of the higher rate environment are continuing to be realized in experience, inforce management, product design and more. Come explore the retail annuity market with a focus on the impacts of higher interest rates. Session materials will draw on experience studies, sales results, product changes, and more to examine how higher interest rates have changed the annuity market.

Description: SOA and LIMRA request mortality data for deferred annuities issued 2015–2024 to support an updated industry experience study.

Description: Discuss population mortality improvement trends in the U.S. This will include analysis of cause of death data and trends in mortality pre-pandemic and during the pandemic. We will also discuss ways to think about translating population mortality improvement to an insured population.Learning outcomes includea better understanding of the drivers of recent mortality improvement and insights on how to create a company view on mortality improvement.

Description: A short article looking at the results from an annual assumption survey of VA writers with a focus on changes companies observed and planned to make due to COVID-19. In the article we discuss what companies should be considering as they approach the 2020 year end assumption setting and audit season.