Description: Column highlighting the upcoming release for RP2014/MP-2014, rationale for new scales including two-dimensional mortality projection techniques and upcoming SOA educational opportunities on these topics.

Description: Describes the popularity and comprehensiveness of available mortality tables through Table Manager.

Description: This article gives examples of how an actuary can live by the actuarial motto of substituting facts for appearances. The specific examples given are setting the mortality for table shaved individual life business and setting late duration lapse assumptions for level term business.

Description: View the complete issue for the August 2014 Reinsurance News newsletter.

Description: Feature article discussing the development and use of stochastically generated mortality scenarios in VM-20.

Description: Summary of the ReFocus 2018 Conference, jointly sponsored by the American Council of Life Insurers and the SOA.

Description: Recently, joint teams of SOA and American Academy of Actuaries (AAA) volunteers have been busy on several such projects, including individual annuity mortality basic, individual annuity reserve, valuation basic table, preneed insurance, and more. This article provides a summary of their work.

Description: The article talks about how Small Insurance Companies can make significant use out of experience studies, not to just to comply with PBR or other regulatory requirements, but also in managing their business.

Description: Recent advances in mortality modeling have enabled applicant-specific quantification of mortality risk in life insurance applicants using laboratory and physical measurements. Relative to more conventional underwriting, this approach identifies a small population of significantly under-priced policy and a much larger, cross-subsidizing group whose risk is presently overestimated. Applicants placed in the highest percentile by this scoring methodology are more than 10X as likely to die in a given period as their demographic peers, and represent approximately 5% of short-term claims. Implications for product design are substantial in both the short- and long-term, as the possibilities for adverse selection grow, and the opportunity for fully individualized pricing raises the more distant prospect of products with as many rate classes as applicants.

Description: Highlights of the 2001 Manulife Reinsurance Mortality Study conducted in conjunction with the Reinsurance Section on the mortality experience of large amount and older age policies.