The 2013 Product Development and Pricing—Beginning to End, session two: term case studies.

The 2013 Product Development and Pricing—Beginning to End session three: universal life case studies.

The 2013 Product Development and Pricing—Beginning to End, session five: indexed product case studies.

The 2013 Product Development and Pricing—Beginning to End registration information.

This document shows you how to set up modeling platforms and start to work with them. Used in conjunction with Complexity Science - An Introduction and Invitiation for Actuaries.

Slides from session number 18PD at the 2007 Valuation Actuary Symposium, held September 17-18 in Austin, Texas. The panelists discuss policyholder behavior assumptions in the context of Principle- Based Reserves, ‘PBR.’ Topics include background such as the standard valuation law and valuation manual, the work of the American Academy of Actuaries and others in supporting PBR, including developing actuarial standards of practice. As the PBR approach currently stands, prudent estimate assumptions, including those for policyholder behavior, are used in determining reserves. Modeling considerations for policyholder behavior assumptions are discussed for various products.

The 2013 Product Development and Pricing—Beginning to End session four: product design process.

The 2013 Product Development and Pricing—Beginning to End, session six: modeling techniques and uses.

This report, from the Society of Actuaries [SOA] ‘Experience Studies – Individual Annuities,’ examines the persistency of deferred annuities on a contract anniversary basis. The study was designed to analyze the surrender activity of deferred annuities by selected product, customer, and distribution characteristics. Another purpose of the analysis is to quantify, through modeling procedures, the relationship between surrender activity and variables associated with surrender. Quantifying this relationship is useful in product design, valuation, investment management, evaluation of market performance, and corporate planning.

Survey results from the Policyholder Behavior in the Tail Risk Management Section Working Group that looks at the range of assumptions actuaries use in pricing, reserving, and risk management of minimum guarantees on Variable Annuity products, such as death benefits, income benefits, withdrawal benefits and maturity benefits.