September 2023 – Page 6

FTC – Snippets Cash value policies differ from term insurance in three important ways. First, the premiums for a cash value policy are initially much higher than for term insurance for the same amount of insurance protection. Second, unlike the premiums for term insurance, cash value premiums do not go up with age, but remain…

Trust 2005 – AP – The Role of Professional Organizations in Boosting Trust in Financial Business, by Brian K. Atchinson, The Geneva Papers on Risk and Insurance. Issues and Practice, Vol. 30, No. 3, Special Issue on Corporate Governance and Corporate Social Responsibility (July 2005), pp. 477-484 (8 pages)

1978 – GOV (Senate) – Rights and Remedies of Insurance Policyholders, Howard Metzenbaum (D-OH) 1978 – GOV (Senate) – Rights and Remedies of Insurance Policyholders, Howard Metzenbaum (D-OH) — [BonkNote] [PDF-1197p-GooglePlay] Part 1 – 1978 0117 and 0118 – Part 1 – Discrimination by Property and Casualty Insurance Companies: The Fairness in the Coverage and Cost…

MetLife – Snippets Policyholder 1; I’m dropping my whole life policy with your company and replacing it with company x’s universal life policy. Agent 1: Universal life is not right for you, and I recommend retaining your present policy. Policyholder 2: I’m dropping my whole life policy with your company and replacing it with company…

1973 01 – SEC – Variable Life Insurance and the Petition for the Issuance and Amendment of Exemptive Rules, Securities and Exchange Commission 1973 01 – SEC – Variable Life Insurance and the Petition for the Issuance and Amendment of Exemptive Rules, Securities and Exchange Commission — [BonkNote] — [PDF-207p-GooglePlay] 1973 – SEC – Variable Life…

MVA – Market Value Accounting Market value accounting presents the real economic “worth” of the insurance operation, and shows how that worth can and does change when the external environment changes. This information is valuable on a going concern basis as well as on a sale or liquidation basis, since an insurance company cannot be…

Non-Interest Sensitive Policies Non-Interest Sensitive – 49r – soa.org///Non-Interest Sensitive Policies Abstract: Traditional life and health products have long been regarded as non-interest sensitive. Pricing has often been done with only a single interest scenario projection. 2007 0913 – SOA / Milliman – Interest Rate Hedging on Traditional Life and Health – A Research Project with the…

Jeff Robinson Jim Anderson is revered, but I think he did a disservice to the industry by coming out with that product. [Bonk: product = Universal Life] UL is a horror. — Who understands UL? The home office doesn’t. Maybe they do now. The IT department doesn’t. The owner doesn’t. — Jeff Robinson 2003 -…

2009 0402 – GOV (House) – The Collapse and Federal Rescue of AIG, and What it Means for the U.S., Hank Greenberg – AIG – Edolphus Towns (D-NY) 2009 0402 – GOV (House) – The Collapse and Federal Rescue of AIG, and What it Means for the U.S., Hank Greenberg – AIG – Edolphus Towns (D-NY) …

Cecil Bykerk 2008-09 – President – SOA, Society of Actuaries 2013 – President – AAA, American Academy of Actuaries The Actuarial Foundation – Emeritus Trustees – 2023 2013 0412 – Letter – AAA to WSJ, Wall Street Journal, Cecil Bykerk, President of the American Academy of Actuaries re: Pensions, Guessing – 1p Cecil Bykerk: Those…

Archive for September 2023

FTC – Federal Trade Commission – Snippets

Trust

1978 – GOV (Senate) – Rights and Remedies of Insurance Policyholders – Howard Metzenbaum (D-OH)

MetLife – Snippets

1973 – SEC – Variable Life Insurance and the Petition for the Issuance and Amendment of Exemptive Rules, Securities and Exchange Commission – 205p

MVA – Market Value Accounting

Non-Interest Sensitive Policies

Jeff Robinson

2009 0402 – GOV (House) – The Collapse and Federal Rescue of AIG, and What it Means for the U.S., Hank Greenberg – AIG – Edolphus Towns (D-NY)

Cecil Bykerk