October 2007 Meeting

Event:  October 2007 Meeting
Topic: SoA Mortality Research: What's New and Coming?

Al Klein and Mary Bahna-Nolan will present the newly created preferred mortality tables to be used in a principles based approach.  The joint SOA / Academy Preferred Mortality Table effort produced 5 teams.  Al chaired the Underwriting Criteria Team and will discuss the algorithm his team developed for grouping preferred classes.  This algorithm was used in the development of the preferred mortality tables and will be used by companies who do not have fully credible experience to help determine the valuation table to be used when we move to a principles based environment.  Mary chaired the Valuation Basic Table team and was responsible for the development of the 32 tables, to be known as the 2008 VBT.  Mary will discuss the development of the tables and share some of the results.  If you are or will be involved in the new principles based approach, whether from a valuation or pricing perspective, this is a session you won't want to miss!

Al Klein, FSAMary Bahna-Nolan, FSAAl Klein
, FSA, MAAA – Vice President, Actuarial Experience Studies, AIG
American General in Houston

Mary Bahna-Nolan, FSA, MAAA – Director, Actuarial & Insurance
Management Solutions, PricewaterhouseCoopers LLP
Date:  Monday, October 29, 2007
3:30 Registration   /   4:00 Speakers   /   5:00 Hors d’oeuvres reception

Location: Blue Cross and Blue Shield of IL, CAL Conference Room 7
300 E. Randolph St., Chicago, IL 60601

Leave a Reply