Description: A five-factor individual life expected profit formula is presented in this paper, with first-year lapse rate and amount of insurance as variables. The formula is appropriate for a single age-plan-sex cell.

Description: Identifies current trends and considerations when setting the mortality improvement assumption for individual life insurance in the US.

Description: The article highlights key considerations as companies begin to reserve for their IUL products under PBR.

Description: The author uses a reprint of an article from the very first edition of the “News from the Individual Life Insurance and Annuity Product Development Section” and assistance from the Taxation Section Council and Friends of that Council to decipher the changes between the life insurance tax environment back in the 1980s compared to today.

Description: These discussions at the 1967 New York and New Orleans Regional Meetings are about considerations in choosing interest assumptions and challenges presented when comparing investment yields among companies.

Description: Presented at September 1994 Valuation Actuary Symposium. Discusses the differences in modeling separate account products vs. general account products.

Description: 1994 SOA Spring Meeting, San Francisco. This session was about issues relating to term insurance including product design, pricing, compensation, and reserving issues.

Description: discussion of a LIMRA survey on the quantity and types of recent product development efforts of life insurance companies and the considerations driving these efforts

Description: The attached report presents the results of a survey whose purpose was to explore life insurance company practices regarding the use of a mortality improvement assumption in the pricing of life insurance products. The survey distinguished between updating base mortality tables for historical mortality improvement versus projecting mortality improvement into the future.

Description: This discussion looks at the main trends in substandard insurance, including: changes in medical impairments subject to substandard ratings or declination, increased availability of substandard insurance and reinsurance, changes in occupational and special hazard ratings, and progress with offerings of substandard individual health and accident coverages.