Description: Summary of current state of A&H reinsurance business.

Description: Feature article describing how the Society of Actuaries (SOA) partnered with the Association of Home Office Underwriters (AHOU) and the Canadian Institute of Underwriters to conduct research focused on new medical tests and markers that may have significance and relevance to the life insurance markets to get a sense of where underwriting practices are going in the future.

Description: The following video features Jenna Fariss, ASA MAAA. Jenna has over 25 years experience as an actuary and is now a Director and Actuary at Milliman IntelliScript. Jenna served in a volunteer capacity for the Society of Actuaries as an author, presenter, and council member. In this video, Jenna delves into the historical roots and contemporary practices of underwriting in the insurance industry, particularly focusing on life insurance. From its origins to its modern applications in assessing mortality risk, the narrative follows the evolution of underwriting techniques, including the use of various tools and technologies to evaluate applicant’s health status. It explores the trade-offs between comprehensive underwriting processes and expedited, simplified approaches, shedding light on industry regulations like HIPAA, and their impact on information accessibility and underwriting practices. Ultimately, it sets the stage for further exploration of how emerging technologies are shaping the future of underwriting. Contributors: Jenna Farris, ASA, MAAA; Sam Behrend, FSA, MAAA; Jon Forster ASA, MAAA, Mark Gardner, Anthony Champi, FSA, MAAA

Description: The SOA Research Institute engaged Milliman to perform a study examining life insurer practices on accelerated underwriting and how COVID-19 has impacted them. This effort included a separate outreach to actuaries working for twelve different state insurance departments. At the time of this report, three responses to our regulatory survey had been received. Therefore, the results of the three-question survey are discussed in broad terms, rather than using numerical measurements.

Description: This spreadsheet allows you to calculate the Underwriting Criteria Score, Relative Risk Ratios [RRR] and prevalence related to the RRR for one or more sets of underwriting criteria from a preferred risk underwriting program. The RRR may be used to determine the specific valuation mortality table to be applied to the particular underwriting risk class.It assists companies in calculating underwriting criteria scores as outlined in the Underwriting Criteria Team Report. Please see the SOA website for the full Underwriting Criteria TeamReport.

Description: Presentations from members of: Haven Life; Ladder Life; Life by Spot

Description: Welcome and Introduction

Description: Accelerated Underwriting – Two Studies (Delphi and SOA Survey)

Description: Session 176: The Future of Medical Records in Underwriting

Description: Answering the question: Do you think that genetic information is different, and if so, should insurers handle it differently from other medical information?