Description: This report, from the Society of Actuaries [SOA] ‘Experience Studies – Individual Disability,’ represents the first study of individual disability income [IDI] lapse experience conducted jointly by LIMRA International and the Society of Actuaries [SOA] Individual Disability Insurance Experience Committee. The study examines lapse activity for years 1999 through 2001.

Description: This study examines the extra mortality associated with evidence of excessive alcohol use, an adverse driving record or abnormalities of the liver function tests. Due to the difficulties associated with diagnosing alcoholism, this study focuses on the biochemical markers that were reported to the Medical Information Bureau MIB during the study period.

Description: The Society of Actuaries Research Institute is pleased to make available a report that aims to understand the cause of low annuity demand through the angle of mortality model uncertainty.

Description: 2023 Generally Recognized Expense Table (GRET) recommendations.

Description: The Product Development Section, the Financial Reporting Section, the Modeling Section and the Committee on Life Insurance Research are pleased to present new research on modeling and forecasting cause-of-death mortality. Authored by a Milliman team led by Alexandre Boumezoued, the report develops a framework for forecasting cause specific death rates. Included also is a Cause of Deaths Forecasting Tool and a user guide for the tool.

Description: The popular press plays an important role in public perception regarding automated vehicles. In contrast to the excitement generated two to three years ago, we are now in a period of “reverse hype” with most articles focused on the slow pace of development and concerns regarding possible negative impacts on traffic congestion and growth of suburbs. To help describe current trends and highlight differences between the cars we see on the street today and driverless vehicles, this report relies on three market-related definitions; safe, self-driving and driverless.

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: 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.

Description: This report describes the results of the latest intercompany study of mortality experience under Structured Settlement annuities.

Description: Web page on which this report is posted. A new valuation standard for single premium credit disability active life reserves was recently adopted by the NAIC. This study examines the experience from 2000 to 2003 on this type of business and relates it to the new valuation standard.