Description: A preview on the Spring Society of Actuaries meetings in May of 2009.

Description: A discussion of the theory underlying risk neutral investment scenarios

Description: Hear from the chairperson on themes in the June 2017 issue of Product Matters published by the Product Development Section.

Description: The internal rate of return (IRR) for a policy is a single interest rate that discounts all policy cash flows back to the issue date of the policy, such that the sum of discounted cash flows equals zero. “Cash flows” include statutory income, taxes, required capital, and imputed interest on required capital. An insurer will often require thatproducts be priced to achieve a certain minimum IRR threshold.

Description: The SOA has developed a new “tool” using Microsoft Access/Excel for international actuaries to conduct mortality and persistency studies in conjunction with the SOA’s international experience study initiative. Professionally programmed, this new tool facilitates the work of international actuaries.

Description: Chairperson’s letter asking Section members to send in their thoughts.

Description: Hear from the chairperson on themes in the June 2018 issue of Product Matters published by the Product Development Section.

Description: This article discusses new way to approach mkaring and the development of products

Description: This article gives the highlights of the 88-page report including detailed assumptions for products including universal life with secondary guarantees (ULSG), cash accumulation universal life (CashAccum), current assumption universal life (CAUL), indexed universal life (IUL) and variable universal life (VUL). The 29 companies and 83 products represented in the report allow for an interesting perspective on premium persistency assumptions used in pricing, cash flow testing (CFT) and generally accepted accounting principles (GAAP)/international financial reporting standard (IFRS) functions. This article covers some general results and ULSG-specific results.