The Society of Actuaries funds research on critical illness insurance claim trends and severity in Middle East health markets, focusing on data analysis and risk insights.
Funder: Society of Actuaries
Due Dates: July 24, 2026 (Notification of Intent) | August 10, 2026 (Full Proposal)
Funding Amounts: Typical project budget: $25,000–$50,000; actual amount depends on scope and proposal.
Summary: Supports research analyzing critical illness insurance data trends in Middle East health markets, focusing on claim incidence and severity.
The Society of Actuaries (SOA) Research Institute seeks proposals for research projects that analyze and report on data trends related to critical illness insurance products within Middle East health insurance markets. The initiative aims to produce at least annual reports examining the incidence and severity of claims, with a primary focus on countries such as Saudi Arabia and the United Arab Emirates, but proposals may include other Middle East markets as well.
Researchers are expected to gather claims data from key insurers, conduct aggregated experience analyses, and identify significant trends that inform both the actuarial profession and the public about financial security risks associated with critical illness. The results will help illuminate causes of claim incidence, drivers of claim severity, and other factors affecting insurance coverage needs in the region.