Industry Studies

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We conduct primary research for industry leading organizations that provide unique insights into the most pressing management issues facing the insurance industry today. MIB research underpins the life insurance industry's mortality tables and provides a scientific means from which to justify life insurance underwriting and contemporary risk assessment practices.

ANNUITY

2009-13 Structured Settlement Mortality Experience Report & Pivot Table  arrow

The latest intercompany study of mortality experience under structured settlement annuities for the exposure years 2009-13.  The two Microsoft Excel files published with this report provide pivot tables, which access the database and provide the breakdowns described in the report.

2009-13 Individual Payout Annuity Experience Report & Pivot Tables  arrow

An experience study of individual payout annuities, covering calendar years 2009 through 2013. The intent of this study is to provide recent annuitant mortality experience which can be compared to the 2005-08 Individual Payout Annuity Experience.

2011-14 Group Annuity Experience Report  arrow

This report, which presents the 2011 through 2014 calendar-year experience of retired individuals in the United States who are covered under group pension contracts. Comparisons to the prior four years of experience are also included.

MORTALITY/MORBIDITY

Mortality Experience in the Elderly  arrow

Study on mortality experience; life insurance policies issued at age 70 and up.

Aviation & Hazardous Sports  arrow

Study on excess mortality from participation in Aviation and Hazardous Sports.

Preferred Mortality Experience, 2002-04  arrow

SOA & the American Academy of Actuaries examination of issues surrounding the sensitivity of mortality findings for preferred-class life insurance policies.

Body Mass Index, 2006  arrow

SOA & the American Academy of Actuaries examination of issues surrounding the sensitivity of mortality findings for preferred-class life insurance policies.

GROUP LIFE

2016 Group Term Life Mortality Study & Tables  arrow

Data were solicited from insurers regarding group term life insurance policies in force anytime during the study period of 2010 to 2013. This Study includes eight Excel pivot tables – Individually Billed Group Basic Life (three separate pivot tables); Supplemental and Voluntary Group Life (two separate pivot tables); Ported Group Life; Basic Group AD&D; and Supplemental and Voluntary AD&D, which will enable companies to perform their own analysis to supplement the findings of this report.

LIFE EXPERIENCE

2009-2013 Individual Life Insurance Mortality Experience Report  →

Analysis of intercompany mortality experience by amount of insurance under standard individually underwritten issues from years 2009-2013.

2015 Preneed Mortality Study  arrow

A study report and mortality tables for Preneed business. Select and ultimate tables for male, female and unisex are included. All rates in the tables are on a unismoke (or composite) and age-last birthday basis.

Younger Age Mortality  arrow

An analysis of younger issue age mortality utilizing data from statistical agent submissions. A report that highlights numerous observations from the analysis and the Excel database used in this analysis has been provided.

Preferred Class Structure Update  arrow

A follow-up to the Preferred Class Structure Report that was published in October 2015, which was an analysis of preferred class structure data from statistical agent submissions. This analysis includes observations from 2009-2013.

Older Age Analysis Report  arrow

The 2002‐09 individual life experience data was the starting point for creation of the 2015 Valuation Basic Tables. All of the data from this period was used in the process. One area that proved difficult was mortality at the older ages, both the level of the select mortality and the join between the select and ultimate mortality. This report covers some additional analysis into this experience.

Preferred Class Structure Report  arrow

An analysis of preferred class structure data from statistical agent submissions. This material is being presented at the 2015 SOA Annual Meeting. A number of areas for further analysis were identified in preparing this report.

LONG-TERM CARE

Long-Term Care Experience, 1984-2007  arrow

SOA intercompany experience study on LTC, report and tables.

Long-Term Care Experience, 1984-2004  arrow

SOA intercompany experience study on LTC, report and tables.

Long-Term Care Valuation  arrow

New study in progress. Analysis by the LTC Valuation working group of the SOA. A new valuation method for LTC liabilities.

DISABILITY INSURANCE

Group Long-Term Disability Claims Experience 1997-2006  arrow

SOA intercompany termination experience for the period, tables.

REINSURANCE

ReSHIP 2017 Highly Insured Persons Study  arrow

Industry-wide examination of jumbo limit issues between life direct writers and reinsurers. Results proprietary to participating direct writers and reinsurers.

PENSION

Canadian Pension Experience Study  arrow

Experience study of Canada's pension plan industry as the basis for first-ever specialized mortality tables.

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