Policy Mechanics – Cash Flow – Page 8 – [BonkNote]

Illustration Illustrations – Index In the January 1987 issue of Insurance Forum Joseph Belth makes the statement : In my opinion, life insurance sales illustrations are out of control. Furthermore, I am not aware of any significant attempts by any insurance organization or by the actuarial profession to deal with the problem. 1987 01 -…

Assumptions Current Assumptions Expense Assumptions Grading Guaranteed Assumptions Interest Rates Mortality Rates Nonguaranteed Pricing Assumptions Realistic Assumptions Standardized Assumptions Assumptions lie at the heart of actuarial work. 2017 – SOA – The Great Assumptions Debate, American Academy of Actuaries – [link] <Wishlist: archived slides and audio> 2023 – LR – A Matter of High Interest: How a…

NGEs – Non-Guaranteed Elements Assumptions COI – Cost of Insurance Coverage Period Dynamic Interest Rate Unbundled Benefits Coverage Period Historical Performance Performance Policy Performance, Variability, UL Description Non-Guaranteed Elements Work Group – NGEWG – AAA 2022 – SOA – Overview of Nonguaranteed Elements (NGEs), Society of Actuaries – 22p I have a theory that the…