Description: COVID-19 and the accompanying policy changes have disrupted virtually everyone’s personal and professional lives. In April 2021, the Society of Actuaries (SOA) surveyed members and candidates to understand the impact of COVID-19 on the careers of actuaries and aspiring actuaries. The survey was sent to 26,101 members and candidates. Approximately 7% (1,912) responded and included demographic information. In addition, the SOA investigated actuarial exam progress at an aggregate level. Here are highlights of the findings.

Description: This document is a Request for Proposals (RFP) for research studies related to Model Governance/Ethics for GenAI Models in the context of the life insurance industry. It outlines the background, scope of work, proposal requirements, selection process, submission guidelines, and conditions for potential research projects.

Description: The Society of Actuaries Research Institute has launched the Quarterly Mortality Monitoring Report (QMMR) series, providing updated U.S. mortality data every three months. Each report will facilitate the analysis of mortality trends, offering insights into the latest data as well as tools for visualizing these trends.

Description: Hardly a day goes by without a feature story about the latest reverberation from the expanding use of Artificial Intelligence/Large Language Models (tools) in a variety of settings. The pace of use (and misuse) of these tools, such as ChatGPT and Bard, has been explosive and shows no sign of abating. Many experts would argue we are on the cusp of a permanent paradigm shift in teaching/academics and overall application of technology.

Description: This report provides a comprehensive guide for actuaries, insurance companies and regulators to understand the scope and challenges of earthquake risk and insurance in the U.S. It also looks at Canada and Puerto Rico due to their proximity.

Description: This report presents Phase 2 of the 2024 IDEC Study, analyzing individual disability income (IDI) claim recovery and mortality rates from 2006-2014. It expands Phase 1's scope—previously limited to 90-day elimination and To Age 65-70 benefit periods—to include additional elimination and benefit periods, examining variations by diagnosis, occupation class, claim year, and gender.

Description: The SOA has translated four of its AIT report summaries into both Traditional and Simplified Chinese. They are “Behavioral Science”, “Big Data and the Future Actuary”, “Cancer Genomics”, and “Cloud Computing and Machine Learning Uses in the Actuarial Profession.

Description: The document is a report on the impact of inflation in retirement based on survey findings conducted by the Society of Actuaries Research Institute in partnership with Optimity. It includes survey questions and results, along with observations on the impact of inflation on personal finances.

Description: The aim of this research is to survey emerging data analytics techniques and discuss their evolution and growing use in the actuarial profession. Data analytics’ applications in life and non-life insurance will also be provided.

Description: Document discusses growing risks in the life and health insurance industry from catastrophic events like pandemics and climate change. It explores how insurers can model these risks and highlights the impact of traditional and nontraditional catastrophic events on the industry. The document also addresses climate-related risks concerning insurers.