Description: This report summarizes industry mortality experience for the period 2009 - 2016. This report is updated on a mostly annual basis and based on information aggregated from industry VM-51 submissions

Description: This whitepaper authored byWalter Zultowski, PhD looks further into how companies might use the result of the Phase 1 study to develop marketing approaches for the identified sub segments.

Description: This is a report on the comparison of captive insurer jurisdictions and focuses on the requirements for captives reinsuring or issuing life insurance, annuities and long-term-care products (“life captives”).

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 includes study years 2009-2015.

Description: The Reinsurance Section, Product Development Section and the Committee on Life Insurance Research are pleased to present preliminary results from a company practice survey of individual life insurance accelerated underwriting. Performed by a Milliman team led by Al Klein and Karen Rudolph, the study provides perspectives from both direct life insurance companies and reinsurers. Among the areas addressed include the structure of accelerated underwriting programs, how programs are monitored, how accelerated underwritten business is performing relative to expectations and how companies are considering accelerated underwriting cohorts in the context of VM-20 assumption setting. The report recaps a presentation of the preliminary results from the 2019 Life and Annuity Symposium. The final results are expected to be available later in 2019.

Description: Experience report for life insurance policies with face amounts of $1 million or higher.

Description: The Mortality Improvement subgroup of the American Academy of Actuaries’ Life Experience Committee and the Society of Actuaries’ Preferred Mortality Oversight Group Valuation Basic Table Team has released a recommendation for a set of improvement factors that vary by gender and attained age to be used in conjunction with the 2008 Valuation Basic table or the 2015 Valuation Basic table for AG-38 purposes.

Description: This report provides an educational background on the process of building predictive models, as well as a detailed presentation of the model results. Predictive models provide a method to capture variation by multiple variables and understand the relationship between these variables. This allows for a deeper understanding of key variables than is possible under a traditional approach.

Description: This report examines the adoption and challenges of predictive analytics in life and annuity reinsurance, including current practices, regulatory context, and advanced AI applications.

Description: Award-winning essays on addressing unwanted bias in life and annuity insurance processes.