Description: This article discusses the results of the 2018 SOA Life Reinsurance Survey and looks at overall life reinsurance trends.

Description: The attached report presents the results of a survey whose purpose was to explore the various uses of technology by life insurance companies. The survey was conducted by the Technology Survey Subcommittee of the Society of Actuaries Life Insurance Mortality and Underwriting Survey Committee. The primary focus of this survey was the impact of technology on mortality studies and underwriting.

Description: These are the specifications for monetary tables based on 1958 CSO and CET mortality tables. Formulas using commutation functions for reserves and cash values are given. Originally published in 1961 and updated in 1976 due to advances in computer technology.

Description: Response to Life Insurance 2020 Foresight – A Call for Essays. An essay stating the author’s vision for the future of the life insurance sector. Focus is on the long term guarantee embedded in the basic life insurance contract to pay the death benefit.

Description: Kick off with key National Association of Insurance Commissioners (NAIC) activities, with a primary focus on updates to principle-based reserve valuations and appointed actuary topics. The presenters will provide 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 as well as Actuarial Standards Board. 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.

Description: The Society of Actuaries (SOA) retained Milliman, Inc. (Milliman) to conduct a survey on the impact of COVID-19 on long-term care (LTC) insurance mortality, voluntary lapse, and morbidity experience. The results of this survey, which was conducted from August 2021 through September 2021, are presented in this report.

Description: This research utilized an interview-based approach that delves into the utilization of alternative data in the Australian life and health insurance markets.

Description: Expect to learn how recent advances in AI and Generative text technology can help unlock data from medical records to solve many key underwriting and actuarial challenges. Specific topics include the following: - What is NLP/AI/machine learning and how is it currently being used in underwriting? - What technological advancements have Insure Techs made in the use of AI and GPT, and how are carriers/reinsurers utilizing these enhancements? - How can you avoid some of the challenges with GPT such as Hallucinations and 'black box' outputs? - How can extraction of data from medical records assist actuaries with various pricing and analysis challenges? - What legal/compliance challenges should users be aware of and how to manage those risks?

Description: Join us in Chicago, July 16–18, for the eleventh annual 2023 SOA Underwriting Innovations Symposium. This event gives you the chance to connect with industry leaders and colleagues to discuss the latest information impacting the underwriting practice.

Description: Investigate the importance of collaboration with accounting, underwriting, sales, marketing and other professions as an actuary when you attend this webcast. Cross-functional positions can cause unique challenges to arise, like various experts attempting to balance growth and profitability. Discover an opportunity to learn about relevant ASOPs and dive deeper into contemporary examples that highlight specific professionalism issues that can develop.