Description: The SOA released a report titled Massachusetts Health Insurance Reform, which looks at the impact on insurance markets, pricing and profitability.

Description: This paper provides an overview of deductible ratemaking , and the pros and cons of various approaches under different parametric models are compared.

Description: The Reinsurance Section, Product Development Section and the Committee on Life Insurance Research are pleased to present preliminary results from a company practice survey of individual life insurance accelerated underwriting. Performed by a Milliman team led by Al Klein and Karen Rudolph, the study provides perspectives from both direct life insurance companies and reinsurers. Among the areas addressed include the structure of accelerated underwriting programs, how programs are monitored, how accelerated underwritten business is performing relative to expectations and how companies are considering accelerated underwriting cohorts in the context of VM-20 assumption setting. The report recaps a presentation of the preliminary results from the 2019 Life and Annuity Symposium. The final results are expected to be available later in 2019.

Description: This report presents the results of the most recent study of individual life insurance lapse experience in the United States conducted jointly by LIMRA and the Society of Actuaries (SOA). The observation period for the study is calendar years 2009-13. The study is based on data provided by 16 individual life insurance writers and it presents lapse experience for whole life, term life, universal life and variable universal life plans issued between 1918 and 2012. This report includes results for most key policy and product factors. New to this report is an examination of lapse experience for joint-life plans, along with a more detailed analysis of lapse experience on universal life plans with secondary guarantees.

Description: The Society of Actuaries’ Post Retirement Needs and Risks Committee has made available the full report for its biennial survey, Risks and Process of Retirement.

Description: This is a report on the comparison of captive insurer jurisdictions and focuses on the requirements for captives reinsuring or issuing life insurance, annuities and long-term-care products (“life captives”).

Description: As part of its ongoing effort to provide useful information on COVID-19, the Society of Actuaries issued a brief qualitative survey to its Retirement Section members to gain insight as to how COVID-19 is impacting the retirement programs and organizations they support, and also how it is impacting their work. The survey results are intended to help members compare their thinking and future expectations of COVID-19 with their peers, as well as inform future research efforts.

Description: As part of its ongoing effort to provide its stakeholders with useful information on COVID-19, the Society of Actuaries (SOA) recently launched an online conversation about the impact of COVID-19 on retirement risks.

Description: An update of selected key graphs from the Key Statistics section of previous COVID-19 briefs.

Description: The Society of Actuaries is pleased to make available a research report that investigates defined benefit retirement plan de-risking activities for U.S.-based companies and the relative impact of various implemented strategies.