DMS key contributors to industry morbidity study

Paul Ziobrowski, Vice President and Chief Actuary and Timothy Swankey, Actuary, have served on the Individual Disability Experience Committee of the Society of Actuaries since 2000. This committee of industry leading actuaries was assembled to study current industry morbidity experience for the purposes of developing a new valuation table to replace the 1985 CIDA Table, as requested by the NAIC. The results of the Morbidity Study will provide IDI companies with recent morbidity data upon which future pricing and reserving assumptions may be based. Preliminary data was shared by the committee at the Society of Actuaries’ Health Conference held in Vancouver, Canada this month.