2 Episodes Available

Experience Study Series

A practical, step-by-step series on actuarial experience studies — covering mortality, lapse, and expense investigations for life insurers worldwide.

Mortality Study Lapse Study Expense Study A/E Ratio PSAK 117 OJK · IAI

Episodes Available

Coming Soon

Episodes

Planned Episodes

Each episode covers one key aspect of actuarial experience studies — from data preparation to assumption setting and regulatory reporting.

Episode

Available

What Is an Experience Study?

Purpose, Scope & Regulatory Context for Life Insurers Worldwide

An introduction to actuarial experience studies — why they matter, what they measure, and how they feed into assumption setting, reserving, and PSAK 117 compliance for life insurers worldwide.

Experience Study Overview Assumption Setting OJK Requirements PSAK 117

Episode

Available

Mortality Experience Study

A/E Ratio, Exposed-to-Risk & Credibility Weighting

Full mortality experience study workflow — ETR calculation (Initial vs Central), 4 policy scenarios, 6 common mistakes, A/E results by age band × gender, credibility weighting with TMI IV 2019, and assumption update decision framework. Based on a 20,000-policy worked example.

Exposed-to-Risk (ETR) A/E Ratio Credibility Weighting TMI IV 2019 Assumption Update

Episode

Coming Soon

Lapse Experience Study

Lapse Rate Calculation, Trends & Assumption Validation

How to measure and analyse policyholder lapse behaviour — calculating lapse rates by policy year, identifying trends, and validating lapse assumptions used in reserving and pricing models.

Lapse Rate Policy Year Analysis Trend Analysis Assumption Validation

Episode

Coming Soon

Expense Experience Study

Unit Cost Analysis & Expense Allocation Methods

Analysing actual vs. expected expenses — unit cost calculation, expense allocation across product lines, and how expense experience feeds into IFRS 17 cash flow projections and pricing assumptions.

Unit Cost Expense Allocation Inflation Adjustment IFRS 17 Cash Flows

About This Series

Why Experience Studies?

Experience studies are the foundation of sound actuarial assumptions — and one of the most underexplained topics in Indonesian actuarial practice.

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Grounded in Practice

Written by a practitioner actively conducting experience studies at Heksa Solution Insurance — every episode reflects real-world challenges and solutions.

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Step-by-Step Methodology

Each episode walks through the full process — from data preparation and exposure calculation to A/E analysis and assumption recommendation.

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Indonesian Context

All content is grounded in the Indonesian regulatory environment — OJK requirements, PSAK 117, and IAI actuarial standards for life insurers.

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Linked to IFRS 17

Experience study results feed directly into IFRS 17 assumption setting — this series connects seamlessly with the IFRS 17 Explained series.