Description: Results of a survey to examine the various changes life insurance companies have recently made, or are thinking of making, to improve the new business process.

Description: This PBA Implementation Guide provides verbal summaries and visual flow chart overviews of various VM-20 and PBA components and requirements, six Case Study Road Maps, and action items to bridge the gaps and implement PBA. During the Guide’s development these templates and exercises were vetted with more than 15 participants selected from a diverse group of companies

Description: This research study was designed to answer the following questions: 1. What are the most commonly occurring risk categories? 2. What are the most commonly occurring risk subcategories? 3. What are the most commonly occurring individual risks? 4. Which individual risks tend to make front-page news? 5. Which risks generate the most extensive coverage in the form of repeat articles? The scope was defined as significant downside risk events experienced by Canadian nongovernmental organizations as reported in the first 10 pages of either Section A (Front) or Section B (Report on Business) of The Globe and Mail in a 2012 weekday (Monday-Friday) edition, as recorded in their online archives (“GlobeArchives”).

Description: This web page contains a link to a research report that highlights the characteristics of combination plans that serve to reduce the risks to insurers issuing life or annuity products linked to long-term care insurance. Observations are provided to assist in the understanding of the factors that explain the profit change sensitivity results and the natural hedging against major risks that inherently is present within the linked products.

Description: Surveys individual life and annuity product guarantee features -other than mortality, expense and interest - being offered by insurers, their associated risks, the methodologies used to analyze, quantify, and manage these risks, and their impact on policyholder behavior.

Description: The Society of Actuaries Health Section is pleased to make available a research report examining the use of the PRIDIT method for determining hospital quality. The report was authored by Robert Lieberthal and Dominique Comer of the Jefferson School of Population Health.

Description: Updated metrics for measuring financial stress among multiemployer pension plans in the United States.

Description: Results of the PBITT Working Group annual Variable Annuity Survey.

Description: The scope of this paper is to provide a technical overview of the tools and disciplines currently in AI as well as the forces at work that financial institutions such as insurance companies are using to modernize their analytical processes.

Description: This report examines the mortality of Canadian pensioners subdivided by pension level, using data from the Canada Pension Plan (CPP) and Québec Pension Plan (QPP)