Mortality Trends with Alzheimer’s Disease (Slides)

Slides from Dr. Brian Ivanovic’s presentation at the SOA Underwriting Issues & Innovations Seminar, Aug 1-2, 2016 in Chicago have been posted.

Predictive Modeling Case Study – Life Insurance Underwriting

Vince Granieri, FSA, MAAA, EA from Predictive Resources presents a case study of applying predictive analytics to a classical actuarial problem: life insurance underwriting.

MIB Mortality Risk Analysis Committee: Diabetes Study (Video)

This video presents findings from a recent study on diabetes conducted by the MIB Mortality Risk Analysis Committee.

Mortality Rates are Rising for White Middle-Aged Americans

White, middle-aged Americans are dying at rising rate according to a recently published report in the Proceedings of the National Academy of Sciences. The trend, which commenced in 1999, is not demonstrated in any other economically well develop country. Nor is it demonstrated in black and Hispanic Americans.

Structured Settlement Underwriting: Principles and Guidelines

The slides from Kevin Puckett’s presentation at the Actuaries Club of the Southwest Spring Meeting have been posted online.

Agile Methodology: The Future of Insurance Product Development?

“Agile” development is all the buzz in the IT world. You may have heard your IT teams talk about “scrums,” “sprints,” and “the war room” and wondered if they were playing a strange new sport. Or perhaps you are already applying agile techniques in your product development. This article will discuss what agile methodology is, the pros and cons, and how you might apply it to insurance product development.

Protecting Bradley: Making Life Insurance More Relevant to Millennials

Demand for mortality protection is closely tied to life cycle. At the early stages of adult life, the need for income protection rises as people finish their education, start a job, get married, buy a house and have children. In a few coming years, the millennials—those born between 1981 and the late 1990s—will be the segment with the largest need for mortality protection.

The Added Value of Medical Testing in Underwriting Life Insurance

In present-day life-insurance medical underwriting practice the risk assessment starts with a standard health declaration (SHD). Indication for additional medical screening depends predominantly on age and amount of insured capital. From a medical perspective it is questionable whether there is an association between the level of insured capital and medical risk in terms of mortality. The aim of the study is to examine the prognostic value of parameters from the health declaration and application form on extra mortality based on results from additional medical testing.

The Accuracy of Prediction Models in Life Underwriting

According to IBM, 90% of all the data in the world has been created in the past two years. Each of us is utilizing and providing data every time we log in to our computers, browse the Internet or simply drive down the highway with our iPhone in our pocket. The challenge for every industry is how to harness and effectively utilize that data to drive more profitable business.

The Impact of Different Screening Scenarios on Breast Cancer Incidence

The trend of cancer incidences is one of the key questions for developing critical illness (CI) and cancer insurance products with a sustainable price. One of the identified (risk) factors is the availability and/or introduction of screening programs for cancer, which will impact the level of detection of early cancers and can lead to strong increases in incidences. Among the common cancer screenings available, breast cancer is one of the key cancer types representing around 25% of all female cancer incidences.

Syndicate content