Description: Summary of recent changes to IRS Section 7702 Interest Rates, and how it will impact the design of life insurance products in the future.

Description: Summary of the SOA research project on PBR Simplified Methods. Describes the multi-risk scenario generator, central estimate assumptions, assumption objectivity measures, and regulatory demonstrations per VM-20.

Description: In this article, we explore key insights from Oliver Wyman's 2020 Life PBR Emerging Practices Survey, which provides a broad industry perspective with more than 50 companies participating representing 95 percent of the individual life market (by written premium). Insights include the impact of PBR on reserves and profitability in addition to emerging practices related to product design, assumption development, and methodology decisions.

Description: This paper discusses some powerful uses of recursive functions, including: 1. Universal life, both for the calculation of target premiums and reserves. 2. Paid-up Rider. Recursive functions can directly determine a premium that precisely matures the rider. 3. Traditional Whole Life. Reserves can be efficiently calculated when needed instead of referring to a table of stored factors. From Actuarial Research Clearing House 1993, VOL. 3.

Description: This panel discussion is about the viability of single premium annuities and single premium life insurance. Items discusses include product design, pricing and regulatory issues with the back drop of high inflation of the times.

Description: Read the Quo Vadis Reinsurance.

Description: This article discusses valuation guidelines for participating whole life policies, that should be, in the authors opinion, consistent with guidelines for other types of policies.

Description: 1988 Valuation Actuary Symposium. The speakers in this session addressed the relative volatility of participating whole life versus universal life and the annual-premium versus single- premium basis.

Description: 1992 SOA Annual Meeting, Washington, D.C. This session on individual life product update addressed Whole Life, Variable Life, VUL, and Term Life. within these products the discussion covered trends in product design, lapsation, and market trends.

Description: This is a critique of J.M. Belth's book titled The Retail Price Structure In American Life Insurance.