A playbook with 49 detailed analyses for a life insurance company
Each analysis includes:
- Goal of the analysis
- Data required
- Detailed step-by-step instruction on how to conduct the analysis
- Format of the output of analysis
- How to interpret results
- Steps a company can take to improve on the measure
In this guide you'll learn the following 49 analyses across 11 categories:
Table of Contents
A. Policyholder Behavior and Retention
B. Actuarial and Reserve Management
- Actuarial Reserve Adequacy and Valuation Study
- Mortality and Longevity Risk Trend
- Guaranteed Benefits and Embedded Guarantees Risk
- Embedded Derivatives Valuation and Sensitivity
- Deferred Profitability and Surplus Analysis for Long-Duration Contracts
- Survival Curve Modeling and Mortality Table Calibration
- Mortality Margin and Experience
C. Profitability and Product Performance
- Embedded Value (EV) and Value of New Business (VNB)
- Product Mix Profitability and Market Positioning
- Unit-Linked Product Performance and Fee Income
- Guaranteed Universal Life (GUL) and Indexed Universal Life (IUL) Product Performance
- Critical Illness and Riders Profitability
- Living Benefits Utilization and Impact on Profitability
- Group Life Insurance Portfolio Profitability and Risk
- Policy Conversion Profitability
- Premium Growth and New Business Volume
D. Capital and Solvency Management
- Longevity Risk Transfer and Reinsurance Optimization
E. Investment and Asset-Liability Management (ALM)
F. Distribution and Channel Performance
G. Risk Management and Hedging
H. Regulatory Compliance and Financial Reporting
I. Customer Experience and Digital Transformation
J. Operational Efficiency and Cost Management
K. Market Strategy and Competitive Positioning