Description: How Ready Are You for the Critical Illness Challenge? by Johan Lotter from Product Development News, August 2000, Issue No. 50.

Description: Discussion of January 2008 'Living to 100 and Beyond' Symposia co-sponsored by the Society of Actuaries.

Description: Product concepts that are born in one country often find their way to the other. This article discusses which products are the hot products in the United States and Canada, and what we can expect for future sales for these products.

Description: A preview on the Spring Society of Actuaries meetings in May of 2009.

Description: A high-level overview of the recent release of the update to the illustration practice notes, or IPNs.

Description: Describes the methodology of conditional stochastic pricing.

Description: Discusses the influence of market-consistent pricing proponents.

Description: Chairperson’s column likening product development to campaigning.

Description: Discusses the events of the inaugural Life and Annuity Symposium held May 17 and 18, 2010.

Description: Recent advances in mortality modeling have enabled applicant-specific quantification of mortality risk in life insurance applicants using laboratory and physical measurements. Relative to more conventional underwriting, this approach identifies a small population of significantly under-priced policy and a much larger, cross-subsidizing group whose risk is presently overestimated. Applicants placed in the highest percentile by this scoring methodology are more than 10X as likely to die in a given period as their demographic peers, and represent approximately 5% of short-term claims. Implications for product design are substantial in both the short- and long-term, as the possibilities for adverse selection grow, and the opportunity for fully individualized pricing raises the more distant prospect of products with as many rate classes as applicants.