Smaller Insurance Company Section Research
2020
Mortality By Socioeconomic Category
This research report presents mortality analysis and rate estimates for the United States by year from 1999 through 2018, separately by socioeconomic quintile and decile.
Principle-Based Reserves Simplified Methods
The Society of Actuaries Smaller Insurance Company Section, the Financial Reporting Section, and the Committee on Life Insurance Research are pleased to make available new research investigating simplified methods for determining reserves under VM-20.
2019
Practical Analysis of PBR Mortality Credibility for Term Insurance
The Smaller Insurance Company Section, the Committee on Life Insurance Research and the Product Development Section announce the release of a new report on the impact mortality credibility has on principle-based reserves.
2017
Modern Deterministic Scenarios for Interest Rates
This report provides a framework that actuaries can use to evaluate moderately adverse conditions.
Understanding VM-20 Results
This report examines options for analyzing periodic changes in VM-20 reserve amounts.
Impact of VM-20 on Life Insurance Product Development – Phase 2
A study on the impact of VM-20 on life insurance product development. The Phase 2 report expands on the first phase case studies and includes additional case studies focused on smaller insurers and the impact of reinsurance.
Understanding the Product Development Process of Life Insurance and Annuity Companies
This study examines global product development (PD) practices of life insurance and annuity companies.
2016
Impact of VM-20 on Life Insurance Product Development
A study on the impact of VM-20 on life insurance product development. The research is composed of two phases.
PBA Implementation Guide
A research report to provide a better understanding of the key considerations an insurer would encounter in making a principle-based framework for determining reserves and risk-based capital (PBA) a reality.