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  • Insights in Life PBR Practices
    Insights in Life PBR Practices Mandatory implementation of life principle-based reserves (PBR) ... than 40 participants covering 85 percent of the individual life market, including 23 of the top 25 life ...

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    • Authors: Kevin Carr, Dylan Strother, Chris Whitney, Haley Christine Jeorgesen , Simon Gervais
    • Date: Sep 2019
    • Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
    • Publication Name: Product Matters!
    • Topics: Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Whole life
  • Insights Into Life PBR Emerging Practices
    READINESS IS HIGHEST FOR TERM, FOLLOWED BY ULSG Table 1 summarizes the percentage of participants that ... PBR across product types as of year-end 2017. Table 1 Percentage of Participants That Have Analyzed ...

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    • Authors: Kevin Carr, Andrew Radel, Chris Whitney
    • Date: May 2019
    • Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
    • Publication Name: Product Matters!
    • Topics: Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Universal life; Life Insurance>Whole life; Reinsurance>Life reinsurance
  • Impact of VM-20 on Product Development
    Association of Insurance Commissioners (NAIC) Valuation Manual (VM-20) on life insurance product development ... the 2001 Commissioners Standard Ordinary (CSO) table with no reserve financing, then reflecting the ...

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    • Authors: Jacqueline M Keating, Karen Rudolph, Uri Sobel, Andrew Steenman
    • Date: Jun 2017
    • Competency: External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Term life; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life
  • Term Life Insurance Market Update
    2017 Commissioners Standard Ordinary mortality table). The sur- vey is structured similar to Milliman’s ... summary is presented of the trends in the U.S. individual term life insurance marketplace as revealed by ...

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    • Authors: Susan Saip
    • Date: Jun 2018
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>External forces and business performance
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Term life
  • Impact of VM-20 on Life Insurance Product Development—Phase 2
    used based on an NPR component using the 2017 CSO Table, and DR and SR following VM‑20 require‑ ments. Tax ... reserves are calculated as the NPR using 2017 CSO table. The bolded item is the change for each step. Starting ...

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    • Authors: Paul Fedchak, Jacqueline M Keating, Karen Rudolph, Uri Sobel, Andrew Steenman
    • Date: Nov 2017
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Term life; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life
  • Term Mortality and Lapses
    in our knowledge. Tom Rhodes, who chairs the Individual Life Insurance Experience Committee, said during ... Wear Off?” and Doug Doll’s article, “Mortality Table Slope—The Discussion Goes On,” both in the July ...

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    • Authors: Jeffery Dukes
    • Date: Aug 2005
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Term life
  • Return of Premium Term
    Return of Premium Term This article presents the benefits of return of premium term riders. ... premium paid in the period plus 110 percent of the valuation interest rate on the prior cash value plus premium ...

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    • Authors: Keith Dall
    • Date: Jul 2004
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Term life
  • Mortality Anti-Selection - Different Versions of Dukes/MacDonald
    Mortality Anti-Selection - Different Versions of Dukes/MacDonald Article on mortality anti-selection ... after 15 years, if a 15- year select mortality table is being used. The focus of Dukes/MacDonald’s method ...

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    • Authors: Douglas Doll
    • Date: Jul 2003
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Term life
  • Post-Level Term Survey Results
    Post-Level Term Survey Results The article summarizes 2013 survey results of company assumptions ... • Six used other methods, including the CIA Valuation Technique Paper #2 (CIA), internally developed ...

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    • Authors: Jason McKinley
    • Date: Jun 2014
    • Competency: External Forces & Industry Knowledge; Results-Oriented Solutions; Strategic Insight and Integration
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Term life; Life Insurance>Product development - Life Insurance
  • A Brief Look at the Phase 1 Survey Results from the SOA/RGA Post-Level Term Research Project
    A Brief Look at the Phase 1 Survey Results from the SOA/RGA Post-Level Term Research Project ... assumptions including Dukes-MacDonald (11), CIA Valuation Technique Paper #2 (7), and Becker-Kitsos (1) ...

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    • Authors: Timothy Rozar, Scott Rushing
    • Date: Jun 2010
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Term life