Description: This is the actual experience table accompanying the Group Disability Insurance Experience Committee latest experience table report. Tables show recoveries and deaths. Please see the SOA website experience studies for the full report.

Description: This is a report on the results of a survey, conducted during July and August 2008, on the current practices and reactions related to life settlements. A life settlement is a financial transaction in which a policy owner possessing an unneeded or unwanted life insurance policy, sells the policy to a third party for more than the cash value offered by the life insurance company at the time of sale.

Description: The Society of Actuaries and LIMRA have sponsored a U.S. Individual Disability Income Persistency Study. The report, authored by Cathy Ho and Steve Elek, presents the results of a study of individual disability income (“IDI”) lapse experience in the United States between observation years 2000 and 2007. This is the first report in a two-part series that will present results of a study conducted jointly by LIMRA and the Society of Actuaries (SOA) and based on data provided by 12 individual disability income insurance writers.

Description: Excel-based tables for 2017 CSO mortality rates.

Description: Excel-based tables for 2017 CSO mortality rates.

Description: Milliman was hired by the Society of Actuaries (SOA) to provide high face amount mortality data from a mortality study Milliman recently completed. High face amounts are defined as $1 million and higher. The information in the tables was taken or derived from the data collected and used to produce the Milliman Industry Mortality Study and Analysis (MIMSA).

Description: Author reply to Jay Olshansky’s discussion of “Health Expectancy” paper and reply from authors Faye Albert, John Bragg and Jason Brooks.

Description: With the credit interest rate floor of a cash balance plan—a simple type of option identified by the Project Oversight Group—as a model, this research uses three valuation and risk analysis approaches to explore the existing techniques to value embedded options on an economic basis.

Description: The goal of this paper is to examine similarities between value investing and enterprise risk management (ERM) methods.

Description: This research report is a summary of an online survey and follow-up discussions with survey respondents on the current state of actuarial modeling controls within U. S. and Canadian life insurance and annuity companies. The current state was then compared to the results from the 2012 survey on this topic to examine the evolution in actuarial model controls and governance. The report also provides an industry assessment and proposes considerations for enhancing the current state towards a well-controlled governance framework.