Description: This appendix II Report on the Life and Annuity Living Benefits Survey provides supplemental information for the Report on Life and Annuity Living Benefit Riders: Considerations for Insurers and Resinsurers. Appendix A gives a list of 34 participants and Appendix B provides a glossary of terms used in the report. The report utilizes a literature review, company survey, company interviews and/or other methods to catalog a listing of common living benefit riders. It was sponsored by the Product Development and Reinsurance Sections along with the Committee on Life Insurance Research.

Description: The Financial Reporting and the Product Development Sections as well as the Committee on Life Insurance Research, are pleased to make the following report available. Authored by a MIB Solutions team of Tom Rhodes, Stuart Klugman, Marianne Purushotham and Stacy Gill, the report summarizes the results of a study on the application and adoption of credibility theory within the life insurance and annuity industry. In addition to the report, numerical examples related to the application of credibility to company mortality and lapse data are provided in the four Excel files.

Description: The article summarizes the results of the 2022 U.S. and Canadian Life Reinsurance Survey, for both Individual Life and Group Life business, conducted by the Reinsurance Section of the Society of Actuaries.

Description: A high-level summary of the results of Munich Re's recent Accelerated Underwriting Survey

Description: Summary of the results from the SOA Reinsurance Section's survey of individual and group life reinsurance business assumed in 2023.

Description: Fairness in life insurance isn’t a checkbox—it’s a set of choices, trade-offs, and consequences. In this webcast, the report’s author will walk through a practical framework for defining and measuring fairness in life insurance workflows, showing why “fair” can mean very different things depending on whether you’re focusing on individuals or groups—and why you often can’t optimize both at once. You’ll get a clear tour of the major fairness criteria used in today’s literature—what they measure, where they fit in insurance, and what can break when you adopt them . Expect straight talk, concrete insurance-oriented examples, and guidance on selecting metrics that align with business objectives, regulatory expectations, and stakeholder priorities—without pretending there’s a one-size-fits-all answer.

Description: A recap of the SOA Research Institute's participation in the Spring 2024 NAIC National Meeting.

Description: Investigate from many angles the variety of potential impacts of increasing inflation on actuarial products and services in the insurance and retirement industries.

Description: In this webinar, the presenters will give a behind the scenes look at how the NAIC ESG was parameterized. They will also share the results of its most recent calibration.

Description: This session will27601 summarize the key National Association of Insurance Commissioners (NAIC) activities with a primary focus on updates to principle-based reserve valuations and appointed actuary topics. Hear insights into the current set of activities and initiatives being considered and/or adopted by the NAIC Life Actuarial Task Force (LATF) and the NAIC Risk Based Capital Working Group. In addition, other actuarial practice issues and other appointed actuary and opinion topics relevant to life insurance, variable annuities and fixed annuities will be discussed, including recent exposures and adoptions by the Actuarial Standards Board. By the end of the session, attendees will understand what changes are being made to reserves, RBC, PBR and actuarial standards and related topics, and the anticipated timing of such emerging changes.