Description: The Society of Actuaries (SOA) sought to investigate methodologies and characteristics associated with actuarial innovation, aiming to expand the industry’s capabilities for creativity. The SOA engaged Milliman to conduct in-depth interviews and focus groups with select actuaries who have demonstrated innovative skills, in order to derive key behaviors and characteristics that encourage innovation.

Description: These contextualized insights were gathered during the InsurTech Insights USA Conference, held on June 7-8, 2023, in New York with numerous SOA members attending.

Description: This is a report of a survey of financial services executives about their understanding and awareness of the actuarial profession, their risk management agenda, and their perception of actuarial skill sets.

Description: This report presents Phase 2 of the 2024 IDEC Study, analyzing individual disability income (IDI) claim recovery and mortality rates from 2006-2014. It expands Phase 1's scope—previously limited to 90-day elimination and To Age 65-70 benefit periods—to include additional elimination and benefit periods, examining variations by diagnosis, occupation class, claim year, and gender.

Description: The SOA has translated four of its AIT report summaries into both Traditional and Simplified Chinese. They are “Behavioral Science”, “Big Data and the Future Actuary”, “Cancer Genomics”, and “Cloud Computing and Machine Learning Uses in the Actuarial Profession.

Description: This report provides a comprehensive guide for actuaries, insurance companies and regulators to understand the scope and challenges of earthquake risk and insurance in the U.S. It also looks at Canada and Puerto Rico due to their proximity.

Description: This report provides a methodology for identifying climate regime shifts in different scenarios to prepare insurers for the impacts of climate change. It discusses physical tipping points, socio-economic tipping points, and regime shifts affecting the insurance industry, with a focus on wildfires in California and heat stress in the Pacific Northwest.

Description: This is an article about a survey sent to Long-Term Care section members and the survey results.

Description: Society of Actuaries Research Brief Impact of COVID-19,updated June 12, 2020

Description: As part of its ongoing effort to provide useful information on COVID-19, the Society of Actuaries issued a brief qualitative survey to its Retirement Section members to gain insight as to how COVID-19 is impacting the retirement programs and organizations they support, and also how it is impacting their work. The survey results are intended to help members compare their thinking and future expectations of COVID-19 with their peers, as well as inform future research efforts.