Description: A recommendation for a set of improvement factors that vary by gender and attained age to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes.

Description: Provides an overview of India's insurance market and the important role of the actuary.

Description: Summary of PBR Implementation Task Force June 21, 2013 call and June 25, 2013 LATF call.

Description: This article discusses many of the complexities of the new IDI valuation table and how they might impact the implementation process.

Description: Accounting Standards Update No. 2018-12, Financial Services – Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (LDTI) has been effective for most large, public business entities since 2023 and will be effective for other insurers in 2025. While the guidance clarifies the need for incorporating claim liabilities and premium accrual balances in the liability for future policy benefits (LFPB) under LDTI, companies may still have questions given there are limited details available around the techniques used in practice. In this article, we demonstrate the need for incorporating claim liabilities and premium accrual balances in the LFPB under LDTI. We also look at two potential approaches of incorporating these accrual balances.

Description: The presenters will dig into the little rider that most actuaries don't spend much time thinking about. A regulator, a direct writer and a consultant will discuss their thoughts on this rider and point out areas where actuaries should focus before deeming it insignificant. Topics will include the current study underway to update the industry experience study (most recently done in 1952), underwriting considerations, interactions with other riders, benefit designs, unique issues on UL policies, tax implications and reserving considerations

Description: This is an Excel spreadsheet that lists the 2001 CSO and 2001 VBT tables for various combinations of super preferred, preferred, and residual standard, for females and males, for smokers and non-smokers, and for ANB and ALB.

Description: Excel-based tables for 2017 CSO mortality rates.

Description: This article summarizes the activities of an industry group to develop alternatives to the impending XXX regulation. Five subcommittees will work on technical issues and a recommendation will be presented to the Life and Health Actuarial Task Force.

Description: This article discusses the Regulation XXX, the loss of significant sales in the term market and the following products designs which have been cited as possible abuses of the regulation: 1 Universal life products with shadow, 2 Non-guaranteed guarantees, 3 Guaranteed dividends, 4 Guaranteed refunds, 5 Re-entry, 6 P & C Insurance. The LHATF is considering new actuarial guidelines to address these issues.