Description: Illustrates use of Microsoft Excel tools for interpolating values.

Description: Key insights for insurers from RGA's 2016 study exploring the potential use of wearable fitness trackers in insurance product development.

Description: Chairperson's Corner

Description: Improving access to health care throughout life by requiring a minimum mandatory paid-up period MMPP. Issue No. 35.

Description: This actually is a copy of an appendix of a research paper sponsored by the SOA Committee on Finance Research. You can read the entire research paper: “Lapse Modeling for the Post-Level Period—a Practical Application of Predictive Modeling” at the SOA site https://www.soa.org/Research/Research-Projects/Finance-Investment/lapse-2015-modeling-post-level/#sthash.W9lERSls.dpbs, but you can read this valuable appendix copied here in this issue to see how to build a PM step-by-step using your data and the R programming language. We thank Richard Xu, Dihui Lai, Minyu Cao, Scott Rushing, and Tim Rozar for their excellent paper and the Society of Actuaries, for the permission to reprint this portion of the paper.

Description: This article describes the results of three years of work by Blue Shield of California to collaborate with hospitals and physician organizations to reduce cost and improve quality for commercial populations in targeted geographies.

Description: Fun look at life outside of the actuarial profession

Description: State insurance regulators have developed a searchable database that will provide insurers immediate access to summarized product content requirements for rates, rules and forms on a national basis. Called the Product Requirements Locator, this will improve filing efficiency.

Description: Discusses the competitive disadvantage for smaller life companies that don't get reinsurance deals that compete with the deals given to larger companies, and how to cope with it.

Description: Building on the Part 1 article, Introduction to the Representative Scenarios Method, this article describes testing the methodology with respect to four product types, fixed indexed annuities with GLIBs, level term life insurance, universal life with secondary guarantees, and variable annuities with GLWBs. This Part 2 article describes testing results, refinements to the RSM methodology, and next steps.