Description: This report gives an update on the Getzen Model of Long-Run Medical Cost Trends for 2025-2035+, providing insights on key considerations, input parameters, and projections. It includes observations on long-term medical cost trends, budgetary resistance, and regulatory impacts on healthcare expenditures.

Description: The Society of Actuaries Catastrophe & Climate Strategic Research Program issued a call for essays to examine the extent climate change factors are or will contribute to excessive heat-related morbidity or mortality over the short or long term, including probable scenarios and projections of future morbidity and mortality costs, risks and uncertainties.

Description: This study covers a five-calendar year period, years 2011-2015. Death claims incurred during this five-year period and paid by the data collection date were included. The data was primarily collected during the summer and fall of 2017, which would allow a minimum of 18 months following date of death for a claim to be paid. The study was limited to single premium credit life insurance.

Description: Industry information about some tools and methods used by life insurance companies to mitigate the risk inherent in early duration claims.

Description: The SOA Research Institute and LIMRA have completed the most up-to-date study of variable annuity contract owner behavior. Learn more about this vital resource for actuaries working with annuities.

Description: Questions and answers related to the implementation of the 2012 Individual Annuity Reserving Table, including a projection scale example.

Description: This study examines the persistency of deferred annuities on a contract anniversary basis. The study was designed to analyze the surrender activity of deferred annuities by selected product, customer, and distribution characteristics.

Description: Corrections to table in 1986-98 Credit Risk Loss Experience Study relative to S&P default and average loss rates by credit rating.

Description: The Individual Life Experience Committee has completed their latest report on intercompany mortality experience by amount of insurance under standard individually underwritten issues. This study includes policy years 2002–04. Also included is information on the Milliman extension to the 1975–80 Basic Tables and an Excel spreadsheet with the values used in the above. This is that Excel Spreadsheet for the Milliman extension to the 1975-80 Basic Tables.

Description: This report presents the results of the most recent study of individual life insurance lapse experience in the United States. Lapse includes termination for nonpayment of premium, insufficient cash value or full surrender of a policy, transfer to reduced paid-up or extended term status, and in most cases, terminations for unknown reason.