Description: Read the November 2020 issue of The Modeling Platform published by the Modeling Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: A data format for mortality tables along with applications.

Description: This article is the second installment in a three-part series on economic scenario generators (“ESGs”). Part I was published in the November 2019 issue. Part II addresses critical considerations in selecting, building, using, and validating ESGs. The article discusses key criteria in understanding ESGs including: - Risk factors - Scenario type - Process and parameterization - Calibration - Number of scenarios - Timing considerations

Description: How do you make model output media worthy? This article explores considerations that may contribute to the mass production of model results for public consumption.

Description: An outline of a formal framework for describing models, inspired by the operational context of governance, management, and use of models.

Description: Summary of SOA modeling sessions from 2017, part 2.

Description: During March 2020, COVID-19 concerns escalated in the U.S. and lockdown measures were announced. Market returns in March 2020 were quite extreme and choppy, alternating between days of huge gains and losses. As investors prepare for the future, it is important to understand whether these volatility surges and sharp movements are understood and captured by commonly used models. In this article, we will explore equity market performance in 2020 using the S&P 500 Total Return Index (SP500TR) and the relevant equity modeling implications

Description: The authors explore a new approach to the premium persistency assumption in universal life products.

Description: The article explains what considerations one must contemplate when selecting a new actuarial software platform with some real live experiences.