Faculty Advisor

Abraham, Jon P.

Abstract

Our team developed an experience study for Sun Life Financial’s PIC (Professional Insurance Company) block of business. This block consists of individual disability, hospital, cancer, and life products, and is no longer being actively sold. As such, the primary interest in measuring experience is for the valuation team to accurately set reserves to cover active and anticipated future claims. Through analysis of the data provided by Sun Life, we were able to establish mortality, morbidity, and persistency rates for each product by various significant categorical splits.

Publisher

Worcester Polytechnic Institute

Date Accepted

October 2015

Major

Actuarial Mathematics

Project Type

Major Qualifying Project

Accessibility

Restricted-WPI community only

Advisor Department

Mathematical Sciences

Your accessibility may vary due to other restrictions.

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