Description: The goal of this article is to provide some insight into life settlements. It reviews the benefits and the risks of conducting such a transaction. It covers how large the market is, why and when it would be appropriate, the transaction process, and the pricing and underwriting.

Description: Discussion of a Society of Actuaries research report on cost comparison methods life insurance sales illustration support, prepared at the request of the NAIC

Description: A discussion of an alternative valuation methodology which addresses many of the shortcomings of the current valuation system for U.S. life and health insurers one of which is the proliferation of undesirable variations in state requirements. Issue No. 37

Description: Discussion of variable universal life secondary guarantees: product features, pricing issues and reserving issues

Description: Panelists discuss the history of this 75-year-old Medical Information Bureau MIB, its very active and data-rich source of medical information, and the services that the MIB offers to clients and other industry groups. From the Record of the Society of Actuaries, Vol. 24, No. 1.

Description: Discusses the relationship between true surplus and valuation surplus upon termination of a policy, using formulas.

Description: Discusses the manner in which policy loan repayments are split into principal and interest components.