• Research and White Papers
  • May 2013
  • 5 minutes

Report on the Survey of Older Age Mortality and Other Assumptions

  • Timothy L. Rozar
  • Susan Willeat
Skip to Authors and Experts
In Brief

Mortality at older ages has been an increasingly important issue for new products and profitability of current products. The Product Development Section Council of the Society of Actuaries (SOA) engaged RGA to undertake a research project into the mortality and other actuarial assumptions for products sold at older ages. 

The project included coverage of the following topics:

  • Product designs and sales trends by age 
  • Underwriting requirements at older ages 
  • Mortality assumptions at older ages including selection factors, mortality level, preferred discounts and mortality improvement 
  • Lapse assumptions 
  • Comparisons between fully underwritten life insurance and long-term care insurance 

Meet the Authors & Experts

Tim Rozar
Timothy L. Rozar
SVP and Chief Innovation and Content Officer, Reinsurance Group of America, Incorporated
Susan Willeat
Susan Willeat
Vice President and Managing Actuary Pricing RGA

Additional Resources

Posted with permission of the ©Society of Actuaries, Schaumburg, Illinois.