Guarantee
Nonguaranteed Guarantees
Nonguaranteed Guarantees Next is the topic of nonguaranteed guarantees. The ploy here is how to persuade your agents and your prospective policyholders that you probably won’t increase premium rates, but be sure that they understand that you retain the right to increase rates. — James N. Van Elsen 1999 – Impact of Regulatory Uncertainty on…
Read MoreGuarantee – Index
Guarantee – Index ABCDEFGHIJKLMNOPQRSTUVWXYZ A AIG – Company Guarantees to Subsidiaries AIG – GIAs – Guaranteed Investment Agreements Back to top F FGIC – Federal Insurance Guaranty Corporation Financial Guarantee Insurance Back to top G GICS – Guaranteed Investment Contracts GMF – Guaranteed Maturity Fund GMP – Guaranteed Maturity Premium Guaranteed Guaranteed Gross Premium Guaranteed…
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Guaranteed Nonguaranteed GICS – Guaranteed Investment Contracts Guarantees Guaranteed Maturity Fund (GMF) Guaranteed Maturity Premium
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Nonguaranteed Non-Guaranteed Elements NONGUARANTEED PREMIUM
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Guarantees Guarantees Only 2005 – SOA – What’s Backing Your Life Insurance Guarantee? – [LINK]
Read MoreGICS – Guaranteed Investment Contracts
GICs – Guaranteed Investment Contracts FABN – Funding Agreement-Backed Note GICS – AIG – FCIC GIA’s Guaranteed Interest Contracts Stable Value Unallocated Annuity Contracts 412(i) 1991 0903 – NYT – Worry Over Retirement Funds, By Eric N. Berg – [link] GIC’s, Executive Life, Mutual Benefit Also, you had a lot of different interests in Executive Life.…
Read MoreUniversal Life with Secondary Guarantees
Universal Life with Secondary Guarantees (ULSG) The Universal Life contract with secondary guarantees has been one of the most controversial life insurance products introduced in the United States. 2014 04 – SOA – Model Validation for Insurance Enterprise Risk and Capital Models, Sponsored by CAS, CIA, SOA Joint Risk Management Section, prepared By Markus Stricker,…
Read MoreNonguaranteed Premium
Nonguaranteed Premium (Policy) 3. What considerations (including state requirements) are involved in setting the premium rates? a. At issue-maximum and illustrated premiums. 1980 – SOA – Nonparticipating Life Products with Nonguaranteed Premiums (rsa80v6n22), Society of Actuaries – 18p Nonguaranteed Premium Policies Cash values and death benefits under these policies are guaranteed, but their premiums are…
Read MoreNGEs – Non-Guaranteed Elements – AAA – American Academy of Actuaries
NGEs – Non-Guaranteed Elements – AAA – American Academy of Actuaries actuary.org/committees/dynamic/NGEWG Non-Guaranteed Elements Subcommittee 1980s – AAA – American Academy of Actuaries Task Force on Non-Guarantee Elements, William T. Tozer, Chair 2000s – AAA – American Academy of Actuaries Non-Guaranteed Elements Working Group The Non-Guaranteed Elements Work Group will review actuarial standards of practice,…
Read MoreNOLHGA – National Organization of Life and Health Insurance Guaranty Associations
NOLHGA – National Organization of Life and Health Insurance Guaranty Associations nolhga.com National Organization of Life and Health Insurance Guaranty Associations NOLHGA was created in 1983 nolhga.com/factsandfigures/main.cfm/location/insolvencies/orderby/date#sort nolhga.com/pressroom/journal.cfm These events, of course, were the reasons that NOLHGA was created (under the auspices of the ACLI). 2006 0803 – DOTT – Remarks of David G. Nason…
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