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International Research Reports

If you’re looking for research projects and reports on international topics, you’ve come to the right place. The SOA offers research, authored by an individual or a team of authors, for download in just a few clicks.

2023

  • Market Readiness of Long-Term Care Products in Asia-Pacific Markets
  • December
    The purpose of this study is to provide valuable insights and recommendations for insurance companies that are considering entering the market of commercial long-term care insurance (LTCI) in the Asia-Pacific markets, based on individual health status. This study reviews the development of LTCI in the main markets in Asia-Pacific, drawing conclusions about market experiences and offering inspiration for product development.
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  • Guide to Domestic and International Paid Family and Medical Leave Programs
  • June
  • The SOA Research Institute along with the International Section, and the Social Insurance and Public Finance Section are pleased to make available a research report that compares international and domestic mandated paid family and medical leave programs..
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  • ESG for the Insurance and Pension Industry in Asia Pacific Markets
  • April
  • ESG is the abbreviation of Environmental, Social and Governance, which has become an increasingly popular concept in the capital markets across the globe. Although definitions on ESG vary slightly according to different sources, the general understandings are similar. Environmental refers to issues related to the planet, such as climate change mitigation and biodiversity protection; Social focuses on issues around societal problems, such as gender inequality; Governance puts emphasis on building and maintaining a sound corporate governance system.

2022

2021

  • Variable Uninsured (Value) Life Annuities
    November

    The aim of this project is to present proposals for Variable Uninsured Life Annuities—or “Value annuities.” The report and the accompanying models illustrate how Value annuities work. The practicalities of designing and administering a Value pool are addressed, and legislative, regulatory and supervisory implications are illuminated by case studies on two countries (India and Malaysia). This set of material is broader than most contributions to the literature and is aimed at making the approach more feasible and accessible to policymakers, thereby facilitating actual introduction and implementation.

2020

  • Selected Innovation and Technology Report Summaries in Chinese
    October
    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.”
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  • International Health Care Funding Report
    August
    The SOA’s International Section, in collaboration with the International Actuarial Association Health Section and the American Academy of Actuaries Health Practice International Committee, is pleased to make available a research report providing a comparison of health financing arrangements in 36 countries. The report is meant to be easy-to-follow and visual to bring clarity to a complex topic.
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  • Canadian Report on the Survey of Post-Level Premium Period Lapse and Mortality Assumptions for Level Premium Term Plans
    April
    The Canadian Institute of Actuaries (CIA) and Society of Actuaries (SOA) engaged RGA Reinsurance Company (RGA) to undertake a research project on level premium term life insurance products with a particular focus on the magnitude and impact of the “shock lapse” at the end of the level premium period. This project is similar to the SOA-sponsored research completed by RGA in 2014 for USA business.
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  • Spotlight on Retirement: Latin America
    February
    The Society of Actuaries (SOA) and LIMRA jointly commissioned this research in Latin America to study current and future retirement market opportunities. In the twenty-first century, Latin America has undergone a significant and rapid demographic shift towards an aging population.

2019

  • Modeling and Forecasting Cause-of-Death Mortality
    December
    The Product Development Section, the Financial Reporting Section, the Modeling Section and the Committee on Life Insurance Research are pleased to present new research on modeling and forecasting cause-of-death mortality.
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  • Aging in Singapore, Implications for Long-Term Care Financing
    September
    Today, Singapore is one of the fastest aging populations in the world. With life expectancy currently in excess of 80 years and continuing to increase in the face of declining fertility rates, the percentage of citizens aged 65+ is estimated to double from 12.4% in 2014 to 24.0% in 2030, rising to more than 30% in 2050. This study addresses the impact of Singapore’s aging population on long-term care financing.
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  • The Use of Big Data and Data Analytics to Enhance Insurer Operations in Asia-Pacific
    August
    There are various technologies such as artificial intelligence (AI), blockchain, cloud computing and the internet that are playing a key role in the development of big data and data analytics. These technologies are expected to become increasingly important in shaping the future of insurance by helping insurance companies build and implement successful applications, taking some of the oldest industries in the world, such as banking and insurance, into the 21st century.
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  • Cloud Computing and Machine Learning Uses in the Actuarial Profession (Including Traditional and Simplified Chinese summaries)
    July
    Actuarial modeling has gone through several distinct phases largely defined by the underlying technology platform. Today, cloud computing is again redefining the technology foundations of actuarial modeling and related processes.
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  • Behavioral Science Report (Including Traditional and Simplified Chinese summaries)
    June
    Situated at the intersection of psychology, neuroscience, sociology, and economics, behavioral economics (BE) centers on applying an honest understanding of human behavior to practical problems. This report is designed to provide general familiarity to the reader interested in the subject of BE and motivate additional research on the topic.
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  • Cancer Genomics (Including Traditional and Simplified Chinese summaries)
    May
    The treatment of advanced cancer is undergoing a major paradigm shift. Traditional pillars of cancer treatment – surgery, radiation, and chemotherapy – are moving to two new efficacious approaches: tumor genomics and immunotherapy. This analysis report introduces SOA stakeholders to these brand-new areas, examines the growing clinical evidence, and sets initial projections for cost effectiveness.
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  • Big Data and the Future Actuary (Including Traditional and Simplified Chinese summaries)
    April
    The purpose of this report is to review the existing literature on how today’s unprecedented access to data is reshaping the capabilities of insurance actuaries. Topics covered in this report include the ways in which actuaries are using non-traditional data sources, how this is likely to evolve into the future, and how the typical roles, technologies, and skillsets of the future actuary will look different than they do today.
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  • Constructing Occupation‐Specific Life Tables for China 
    January 
    This report documents the “Constructing Occupation-Specific Life Tables for China” project commissioned by the Society of Actuaries under the “China Research Topics” proposal. The purpose of the project is to construct the most up-to-date occupational life tables for male and female urban employees in China based on administrative data from the Beijing Public Pension System for the period 2005–2009.

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