Description: This report presents initial findings from a project investigating the direct and indirect impacts of COVID-19 in the post-acute phase of the pandemic.

Description: Session Categories

Description: The Society of Actuaries Research Institute (SOA) is interested in collecting thoughts and perspectives on specific opportunities for avoiding or mitigating potential unwanted bias in the products and processes associated with life and annuity insurance processes. Results of this call for essays are intended to meet two objectives: (1) Increase awareness of the potential for unwanted bias that may exist in a specific process, part of process, or method that may currently be used in any point along the entire product value chain for life or annuity insurance products; and (2) Offer methods, techniques, procedures, or approaches for eliminating or reducing the likelihood that unwanted bias could exist in that specific process, part of a process, or method.

Description: The Society of Actuaries (SOA) Research Institute’s Long Term Care Experience Committee (LTCEC) and LIMRA are soliciting claim incidence, termination, and utilization experience for stand-alone Long Term Care Insurance (LTCI) policies for contract years 2000 through 2023.

Description: On March 22, 2022, the Wall Street Journal hosted its annual Health Forum, a virtual all-day event which included several sessions. This session was attended by experts across the healthcare space and attendees included many from the healthcare technology companies. This report summarizes the event.

Description: The Chinese insurance market is grappling with product innovation, business growth and regulatory oversight as it tries to keep pace with a sharp growth in demand across product segments. In this context, the authors have highlighted insurance trends in China, based on available research and literature, with a particular focus on topics that will drive the enterprise risk management (ERM) function of insurance companies. ERM provides an opportunity for insurers to identify and mitigate potential insurance risks by enhancing their policies and risk management activities. This report explores the insurance trends in detail, drawing on findings from interviews of practitioners in the Chinese market, to provide context for the drivers of ERM transformation.

Description: The Indian market holds tremendous potential for insurance products, especially in segments that remain untapped. The market is evolving in terms of market penetration, product innovation, regulatory changes, government initiatives, capital adequacy and customer experience. In this report, we have highlighted insurance trends in India based on insights gathered from practitioners' interviews, available research and literature, with a particular focus on the enterprise risk management (ERM) function of insurance companies.

Description: The aim of this project has three aspects: (1) providing a comprehensive literature review on telematics car driving data analytics; (2) developing various visual tools and a data cleaning procedure for telematics data; and (3) extracting risk factors from individual trips and improving classic classification ratemaking models with those risk factors.

Description: Chronic Kidney Disease (CKD) affects many lives and has a large impact on health systems around the world. To better understand and predict costs for insurance plan members with CKD in the United States, we built a new model of their individual costs. Our model is the first to explicitly model both the CKD stage transition process and the distribution of costs given those stages.

Description: The Society of Actuaries’ Aging and Retirement Strategic Research Program is pleased to make available a summary report that highlights key findings from the latest biennial survey, Risks and Process of Retirement. The survey, the eleventh in the series, was conducted online of Americans ages 45 to 80. The purpose of the study is to evaluate Americans’ awareness of potential financial risks in retirement, how this awareness impacts the management of their finances with respect to retirement, and how Americans are managing the process of leaving the workforce. The survey was conducted by Mathew Greenwald & Associates, Inc. The full report of findings is forthcoming and will be posted soon. Additionally, several special topics reports examining aspects of the findings will be posted as they become available.