Description: Certain valuation assumptions are difficult to set with a high degree of accuracy, whether because the underlying experience is in different economic or interest rate environments, in addition to other reasons. Examples include assumptions for long-term care insurance, annuity options, lapsation and premium persistency on ULSG. This session will share how the actuary can use predictive analytics to augment the assumption-setting process. Some of the benefits to the actuary (along with the company and the regulator) include more accurate assumptions with lower margins for adverse deviations. Of possible interest as well is that applications go beyond valuation and include acquisitions, reinsurance and pricing.

Description: This article discusses the utilization of credibility concepts to reinsurer-cedant moratality analysis.

Description: Article Board Of Governors by Bog in The Actuary, March 1979, Volume 13, Number 3

Description: The author describes a recent LIMRA study of agent terminations. The article describes the assumptions and methods used in the study, and provides a table comparing the results of this study, called the Brzezinski 1979 Agent Termination Tables, with agent termination rates derived from previous studies.

Description: Discusses changes that the Experience Committees of the Society are making to their processes to improve timeliness and quality of data.

Description: This article highlights member survey results intended to assess the level of support for Society of Actuaries programs.

Description: CD Paper Exhibits - Exhibit #2 by SOA from NewsDirect Newsletter, Spring 2000, Issue No. 34, Special Supplement.

Description: What are the possible future implications to insurance companies of significant improvements in mortality? How can futurism techniques be used in research? The formation of the mortality improvement study group at the Principal Financial Group was the first step toward examining the issue of mortality improvement. In an interactive format, we will present what we learned about mortality and futurism techniques by participating in this group.

Description: GAR-94: Tracking The 50 States by Zenaida Samaniego from Pension Section News, October 1999, Issue No. 41.

Description: A description of the operation of an R package for experience studies. Premium patterns, lapse rates, and mortality rates can be calculated.