Archive for July 2020
Companies Changing Systems
Companies Changing Systems It isn’t the paper. But it is costly to change systems. We already have a computer system now that does these things for us. — Vogel 1979 – GOV – Life Insurance Marketing and Cost Disclosure Hearing 819p (417/413) – Moss 1985 – GOV – Tax Reform – Beck recent NAIC -…
Read More2010s – SOA – Society of Actuaries
2010s – SOA – Society of Actuaries 2013 – SOA – A Qualitative History of Previous Challenging Environments for the Life Insurance Industry, By Evan Borisenko, Society of Actuaries – 4p 2013 – SOA – Life Insurance Regulatory Structures and Strategy: EU Compared with US – 92p 2014 – SOA – Modeling of Policyholder Behavior for Life…
Read More2000s – SOA – Society of Actuaries
2000s – SOA – Society of Actuaries soa.org/globalassets/assets/library/newsletters/taxing-times/2009/may/tax-2009-vol5-iss2-kelly.pdf Dinallo, CDS, New York 2003 – SOA – Do You Know How Much You’re Spending? The Hidden Costs of Product Complexity, Society of Actuaries – 19p “UL is a horror.” 2003 – SOA – Are We In A Different Market Paradigm?, Society of Actuaries – 7p 2005…
Read More1970s – SOA – Society of Actuaries
Society of Actuaries – 1970s 1972 – SOA – Life Insurance and the Buyer, by Anna Rappaport, Society of Actuaries – 2p-Article 1973 – SOA – Choice and Justification of an Interest Rate, by Irwin T. Vanderhoof, Society of Actuaries – 42p 1973 – SOA – Digest of Discussion at Concurrent Sessions – 1973 SOA Annual…
Read More1980s – SOA – Society of Actuaries
1980s – SOA – Society of Actuaries Target Premium, Guideline Level Premium, Guideline Level Premium TEFRA, DEFRA, TAMRA ACLI – Tony Spano, WilliamTozer, Gary Hughes Actuaries – Chalke, Desrochers, Walter Miller GOV – Pete Stark Robert Beck (Prudential) Ardian Gill: I have a suggestion for Mr. Richards on his product and the scorekeeping of it.…
Read More1990s – SOA – Society of Actuaries
1990s – SOA – Society of Actuaries Illustrations, Assumptions, Non-guaranteed Elements Actuaries – Judy Faucett, Daphne Bartlett, Donna Claire, GOV – Metzenbaum 1990 – SOA – An Opportunity to Return to the Basics. — Will We Take It?, Society of Actuaries – 14p 1990 – SOA – Life Product Development Update (rsa90v16n36), Society of Actuaries -…
Read More1999 – SOA – The Next Generation Universal Life – Society of Actuaries – 30p
1999 – SOA – The Next Generation Universal Life – Society of Actuaries – 30p 1999 – SOA – The Next Generation Universal Life, Society of Actuaries — [BonkNote] — 30p Daniel F. Byrne, M Financial Group From a distribution perspective, I think one of the challenges that face us in UL is the servicing…
Read MoreServicing
Servicing From a distribution perspective, I think one of the challenges that face us in UL is the servicing of UL. Flexible premium, high-degree-of-service UL products have little or no renewal compensation paid if there’s no premium paid. — Daniel F. Byrne 1999 – SOA – The Next Generation Universal Life, Society of Actuaries – 30p First of…
Read MoreRobert Wilcox
Robert E. Wilcox Actuary ?-1994-? – Utah Insurance Commissioner 1990s – NAIC – Chairman of the Life Disclosure Working Group Expert Witness – for Defense 2012 0313 – LC – Thao v Midland, United States District Court Eastern District of Wisconsin, 2:09-C-1158-LA *Robert E. Wilcox: What’s the real problem then, Shane? Shane Chalke: I’ll say…
Read MoreDavid Lange
David Lange This paper considers alternative interpretations of ‘Duration’ as a length of time, average life of cash flows and interest rate sensitivity as applied to UL policy cash values. The interest rate sensitivity of UL policy cash values, amplified by the corresponding cost of insurance sensitivity with declining interest income, suggests UL has always…
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