In a new white paper, RGA experts Mark Ma, Guizhou Hu, and Taylor Pickett present the results of their actuarial validation of Milliman Irix® – Risk Score 3.0 with Credit, a commercial risk-scoring product that combines prescription drug, medical billing, and credit data to generate four different scores for mortality risk segmentation.
Gen Re is pleased to share this summary of key highlights from the U.S. 2023 Individual Life Accelerated Underwriting Survey.
Colorado Division of Insurance proposes first-of-its kind regulation requiring life insurers to test their underwriting process for racial and ethnic bias.
It's on a mission to make underwriting more inclusive
Global head speaks on role of insurance in mental health progress
A steady decline in mortality rates since the 19th century has brought about a long-term rise in life expectancy for both men and women, but progress is uneven and, as recent history tells us, uncertain.
This is the third article of a four-part series that will also include an overview and articles further exploring the survey’s implications for product development and claims.
Most underwriting manuals don’t address testosterone and as such underwriting elevated testosterone levels can be murky.
In their most recent white paper, RGA experts Guizhou Hu, Mark Ma, and Taylor Pickett use Milliman risk scores as examples to introduce two risk score accuracy concepts that have been widely documented and applied in statistical literature.