Life insurance

By Zhen Hui Trinh, Eileen S. Burns, Matthias Kullowatz, Jenny Jin, Ben Johnson, Vincent Haupt, Vincent Embser  |  27 November 2018

The 2018 Milliman VALUES GLWB lapse and utilization studies included three million policyholders from eight large VA writers, representing roughly $350 billion of account value and covering a range of GLWB product designs as well as demographic attributes.

By Michael Daly, Wen Yee Lee, Clement Bonnet, Pingni Eng  |  26 September 2018

In July, the Ministry of Finance in Vietnam released proposed amendments to a number of articles associated with its existing Circular 50 regulation that guides the implementation of Insurance Business Law.

By Hans K. Leida  |  17 September 2018

Life-extension technologies would require a re-engineering of many financial and insurance products on a scale that makes the possible disruption caused by self-driving cars seem minor by comparison.

By William C. Hines, Zi Xiang Low, Karthik Yadatore  |  06 September 2018

A summary of the main resulting changes to the accounting of life insurance and annuity products due to the Financial Accounting Standards Board’s accounting standards update on August 15.

By William C. Hines  |  19 July 2018

This paper discusses market risk benefits and contract features that might be within their scope.

By Jennifer M. Fleck  |  05 July 2018

This article discusses the Tax Cuts and Jobs Act of 2017’s projected effects on disability income and group life insurance profitability.

By Carl A. Friedrich, Susan J. Saip  |  28 June 2018

Eleventh annual survey addressing UL and IUL life insurance market issues.

By William C. Hines  |  12 June 2018

This paper outlines the decisions and discussions at the June 6, 2018, Financial Accounting Standards Board meeting.

By Patricia L. Renzi  |  15 May 2018

The ABCs of insurance technology—specifically artificial intelligence, blockchain, and the cloud—must be front and center in every insurance company’s strategic initiatives.

By Joe Long, Dan McCurley  |  02 May 2018

This article describes a cloud use case where the authors were able to cut a three-month machine learning exploration project down to just under four days using a mixture of open source tools and the Microsoft Azure cloud.

By Thomas Bulpitt, Andrew Gilchrist, Andrew Kay  |  08 March 2018

This paper focuses on the approaches available under IFRS 17 for the derivation of the discount rates for use in the various calculations required by the Standard.

By Takanori Hoshino, Kurt Lambrechts, Sjoerd Brethouwer, William C. Hines  |  01 March 2018

While IFRS 17 provides little guidance about coverage units, insurers may be able to find quick but reasonable choices from current modeling philosophy or certain existing standards such as U.S. GAAP.

By Curt M. Clingerman, Paul M. Fedchak, Casey E. Malone, Craig W. Reynolds  |  14 February 2018

This analysis measures the impact of the tax code changes on a range of different insurance product types.

By Jennifer M. Fleck  |  29 January 2018

Though the group life and disability world has been slower to adopt predictive analytics than other branches of insurance, there are still many ways to incorporate predictive modeling technology to improve our results.

By Henny Verheugen  |  22 January 2018

This article discusses the possible implications of each of the three approaches to transition to IFRS 17 and why insurers will need to choose their options carefully.

By Carl A. Friedrich, Susan J. Saip  |  19 January 2018

A 2017 Milliman survey of key life insurance industry competitors captured historical data and company perspectives on a range of term life insurance issues.

28 December 2017

Automated underwriting and new data sources are making insurance possible for many people who would previously have found it too expensive – or even not available at all.

28 December 2017

Big Data can now provide you with the most likely scenario of how and when you will meet your end. So what will it mean for the future of risk management and lifestyle planning?

29 November 2017

InsurTechs are uniquely positioned to improve customer and carrier results with If This Then That products.

By Robert W. Beal, Tasha S. Khan  |  06 November 2017

This report presents the results of Milliman’s 2017 Annual Survey of the U.S. Individual Disability Income Insurance Market.