Description: This report is a study. It discusses the objectives, scope, methodology, and limitations of the study, focusing on how diagnosis affects disability income claim recovery and mortality rates.

Description: Term Life insurance is a popular product in the U.S. As a growing number of policyholders have been reaching the end of the level term period, the SOA has been committed to studying policyholder behavior in the post-level term (PLT). Shock lapse, post-level term lapse and mortality have previously been analyzed in SOA PLT studies conducted in 2010 and 2014. This study provides an update of experience and some valuable new insights.

Description: 2023-24 Fixed Rate Deferred Surrender Study

Description: This kit provides community college educators and advisors with tools to discuss the actuarial profession and how to get started on that journey with students. This kit includes posters for your office, videos from practicing actuaries who attended community college, and a comprehensive FAQ section with answers and details on how to get started in actuarial science.

Description: The Society of Actuaries (SOA) Research Institute released a report that examines older age mortality (OAM) with a focus on attained ages 70 and above. The report helps determine whether refinements were needed in the 2015 Valuation Basic Tables. Analysis was performed by sex, issue age and attained age, issue year cohorts, smoking risk classification, benefit band, select vs ultimate period, and interactions.

Description: The Canadian Institute of Actuaries (CIA) and Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on level premium term life insurance products with a particular focus on the magnitude and impact of the “shock lapse” at the end of the level premium period. This project is similar to the SOA-sponsored research completed by RGA in 2014 for USA business.

Description: LIMRA, Reinsurance Group of America (RGA), the Society of Actuaries (SOA) Research Institute, and TAI have collaborated on an ongoing effort to analyze the impact of COVID-19 on the individual life insurance industry’s mortality experience and share the emerging results with the insurance industry and the public.

Description: The Society of Actuaries' Pension Section and Health Section Research teams originally commissioned Professor Thomas E. Getzen of Temple University to construct a resource model for the projection of long term healthcare cost trends. The Society of Actuaries continues to make annual updates to the model to ensure its usefulness and relevancy.

Description: Updated longitudinal study of metrics for measuring contribution adequacy at paying down unfunded liabilities in corporate DB pension plans in the U.S.

Description: In 2012, the Federal Reserve Board’s Division of Consumer and Community Affairs conducted an online survey of older adults. The survey set out to answer: • How do older adults use financial products as they age? • How do older adults make their financial decisions and where do they turn for advice? • What are older adults’ main sources of financial stress? Since the fielding of that survey, the American economy has steadily recovered from the Great Recession. In April 2015, the University of Southern California’s Understanding America Study (UAS) conducted the Financial Management Survey to investigate how the financial lives of Americans have changed with the recovery. In addition to updating the earlier survey this also serves as a contrast because the data covers all ages 18 and over, allowing a comparison of the financial management of individuals and households of all ages.