Description: The Canadian Institute of Actuaries (CIA) and Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on level premium term life insurance products with a particular focus on the magnitude and impact of the “shock lapse” at the end of the level premium period. This project is similar to the SOA-sponsored research completed by RGA in 2014 for USA business.

Description: Based on work performed by Bob Howard, a former member of RPEC, the SOA developed a spreadsheet-based program that allows users to create a customized mortality improvement scale using the RPEC_2014 model. The RPEC_O2_v2018 model found here utilizes the same projection methodology underpinning the RPEC_2014 model except that the historical rates have been developed using “order-2” Whittaker-Henderson graduation rather than “order-3”.

Description: A recommendation for a set of improvement factors that vary by gender and attained age to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes.

Description: The primary focus of this study was a comprehensive review of recent mortality experience of public retirement plans in the United States.

Description: This is a Request for Proposals document issued by the SOA Research Institute, focusing on developing a framework for actuaries to bridge the gap between climate scenario outputs and actuarial assumptions. It outlines the background, research objectives, proposal requirements, selection process, submission guidelines, and appendix with cost estimates.

Description: The aftershocks of the COVID pandemic will pass --- eventually. Government subsidies and spending soared in 2020 to meet the challenges of the pandemic. Health expenditures leapt from 17.6% of GDP to 19.7%, and then dropped to 18.8% in 2021, and will fall again to 18.2% (projected) in 2022, but are expected to return to the long-run trend by 2024 and gradually rise thereafter. However, during the next few years most attention will be paid to dealing with complex aftershocks from the flood of Covid funding in 2020 and 2021, a surge of inflation in 2022, and a looming recession in 2023.

Description: The Aging and Retirement Strategic Research Program is pleased to make available a guide written by Financial Finesse to help older retirees and those who assist them make informed decisions.

Description: This is a detailed report analyzing the 2019 Individual Life Insurance Mortality Experience, focusing on data validation, trends in mortality experience, and comparisons between different datasets. It includes insights on mortality patterns by age, sex, policy characteristics, and provides detailed methodology and findings.

Description: This document is an appendix titled "Respondent Demographic Overview and Survey Questions" to a research report on perceptions of insurance and retirement products across diverse U.S. populations. It provides demographic data on survey respondents and includes survey questions related to various demographic characteristics.

Description: Document discusses growing risks in the life and health insurance industry from catastrophic events like pandemics and climate change. It explores how insurers can model these risks and highlights the impact of traditional and nontraditional catastrophic events on the industry. The document also addresses climate-related risks concerning insurers.