Description: The Actuarial Innovation and Technology Steering Committee of the Society of Actuaries is sponsoring this competition to encourage contestants to find innovative usages for data visualization software. This contest seeks to give actuaries and non-actuaries the chance to showcase their ability to tell a story by creating data visualizations for one of two standard datasets that have been created for this purpose.

Description: Decentralized insurance alternatives is a rapidly expanding sector of Decentralized Finance (DeFi), an emerging and growing financial ecosystem powered by blockchain technologies. The purpose of this report is to review and discuss the business models and operating designs of decentralized insurance alternatives, which may have significant implications for traditional insurance businesses, as well as the actuarial profession.

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: Non-guaranteed elements are parameters of life insurance and annuity polices that are not fixed when the policy is issued but may be changed from time to time by the insurance company. They emerged in the United States and other countries as features of Universal Life and similar products designed to make insurance more competitive in an environment where fully guaranteed products did not have sufficient flexibility to respond to rapidly changing conditions. This overview covers professional guidance, regulations and practical issues with reviewing and revising non-guaranteed parameters.

Description: View the Income Optimization Objective Model.

Description: The Palisades and Eaton fires started on January 7, 2025, in Los Angeles County, California. They were fueled by extreme Santa Ana winds and dry conditions, burning over 23,713 and 14,117 acres. As of January 20, 2025, the wildfires had damaged or destroyed more than 17,000 structures. Initial insured loss estimates from catastrophe risk modelers are in the range of $20- $45 billion which would make the fires the worst since the Camp Fire driven losses in 2018

Description: This guide, commissioned by the Society of Actuaries (SOA) Research Institute, provides a practical roadmap for actuaries to integrate Large Language Models (LLMs) into their work effectively and responsibly. The rapid evolution of LLMs presents significant opportunities for the actuarial profession. This document helps actuaries navigate the complex LLM landscape, offering insights into their application, evaluation, deployment, and governance.

Description: This web page contains the 2011-2014 Group Annuity Experience Report and Pivot Tables.

Description: A follow-up to the first Preferred Class Structure Report, which contains the additional analysis of areas identified while preparing the first report of preferred class structure data from statistical agent submissions.

Description: An update to the 1975-79 report, this time including experience by amounts as well as by lives.