Description: Premium computation in a Bayesian context requires the use of a prior distribution [structure function] that the risk parameter follows in the heterogeneous portfolio. This paper contributes to the analysis of credibility theory by identifying the unique relationship between the prior distribution and credibility formula. The latter corresponds to a suggestive form of expressing the premium to be charged to a policyholder as a weighted sum of the sample mean and collective premium. Results for net premium principle and Poisson and negative binomial likelihood functions are shown.

Description: These assumption tables provide the range and cumulative values used in the Relative Risk Tool in the calculation of Relative Risk scores and Prevalence values.

Description: This report presents the compilation of data received from life companies responding to a survey on preferred risk underwriting and provides opinions of the Task Force on Preferred Underwriting with respect to future trends.

Description: This report presents the results of the Survey on Business Decision practices of reinsurers conducted by the Society of Actuaries Committee on Life Insurance Mortality and Underwriting Surveys . A survey of direct writers of life insurance is reported separately.

Description: This report presents the results of a survey conducted in August of 2008 on foreign travel underwriting practices of reinsurance companies.

Description: This is a study to perform a mortality analysis of the 1898-1902 birth cohort.

Description: This report describes two methods, an observation-based analysis and an actual to model analysis, to analyze long-term care insurance experience to determine if calendar year trends exist.

Description: This report looks at identifying drivers of systemic risk to China’s insurance industry and develops a measurement method for systemic risk as well as systemic risk dependence between the insurance industry and other industries.

Description: This report provides a toolkit for actuaries and other interested parties to model and forecast mortality by cause and socioeconomic factors.

Description: This report is the fifth in a series of studies conducted jointly by LIMRA and the SOA Long-Term Care Experience Committee. The report presents results for industry long-term care insurance (LTCI) persistency. Persistency is examined based on eighteen participating companies reporting lapse, mortality, and total termination activity for calendar years 2000 through 2016. The report and a supplemental Tableau database with several dashboard views can be accessed in the Materials section.