Actuarial – Page 11

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…

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…

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.…

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 -…

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…

Tabular Cost of Insurance Tabular Cost of Insurance means the net single premium at the beginning of a policy year for one-year term insurance in the amount of the guaranteed death benefit in that policy year. ftp://www.ilga.gov/jcar/admincode/050/050014090000300R.html

Ratebook Universal Life is a ratebook and more, all by itself. If you say you have Universal Life, you in fact have more of a product than you probably have in your current portfolio at the present time. — Thomas F. Eason 1983 – SOA – Individual Life Insurance, Society of Actuaries – 22p Adjustable Life -…

Interest Adjusted Method IAM – Interest Adjusted Method Interest Adjusted Index C.L. TROWBRIDGE: My interest in this challenging subject goes back to my membership on the 1970 Joint Special Committee chaired by Jack Moorhead. This Committee proposed what was then known as the interest-adjusted method, which later became the basis of the NAIC approach now…

Cash Surrender Values My topic this morning is required cash surrender values for Universal Life products. A few of the questions I will address include: What is the status of NAIC activity in this area? What are the prospects of the NAIC adopting the current ACLI nonforfeiture proposal? As I personally do not believe that…

Cost Structure The key to our proof was to bundle the product back up and to look at the guaranteed future benefits. When we did this, we made some interesting discoveries. Perhaps the most important was that the role of the account value and mortality and interest guarantees to define what the policy’s guaranteed death…