Description: The primary purpose of this paper is to present some current company practices with respect to term insurance, and the respective cash value requirements imposed by the state insurance departments. Submitted papers from several authors discussing the report followed.

Description: This is an article on statutory maximum valuation interest rates, the second of three articles outlining the new Model Valuation and Nonforfeiture Laws.

Description: This paper provides a summary of the following special reports from the Transactions of Society of Actuaries 1974, Vol. 27: 1. REPORT OF THE HISTORIAN - 1974 and 1975. 2. REPORT ON ACTUARIAL PRINCIPLES AND PRACTICAL PROBLEMS WITH REGARD TO NONFORFEITURE REQUIREMENTS.

Description: An article from The Actuary that discusses the new non-forfeiture value. The secondary market for life insurance is redefining the way policies are valued. Paradign shifts don't occur overnight. Yet, somewhere along the line, there comes a convergence of factors that makes significant change inevitable. With regard to the secondary market for life insurance, this tipping point is already in the rear-view mirror.

Description: This presentation is an overview of the Meeting from the Record of the SOA Vol.6 No. 1. The session summarizes points from each concurrent session of the meeting and includes issues about the effect of governmental actions and consumerism on product design and pricing of the future, risk classification in the 1980's, nonforfeiture and valuation concerns in the 1980's and effect of taxation in the 1980's.

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting give an historical perspective and discuss actual and proposed changes to the Standard Nonforfeiture Law for annuities and life insurance.

Description: This is a panel discussion on new and proposed valuation and non-forfeiture standards for individual life insurance including dynamic interest rates, new mortality tables and actuarial opinions.

Description: This meeting session covered proposed amendments to valuation and nonforfeiture laws, which included a new mortality table and the dynamic interest rate concept, and the SEC's scrutiny of annuities and Guaranteed Investment Contracts.

Description: This discussion is about account statutory requirements that cash values not be less than reserves less $25 per thousand. From Transactions of Society of Actuaries 1961, Vol. 13 Pt. 2

Description: This article discusses the effects of a reduction in the life valuation interest rate and the adoption of the 2001 CSO table. From Small Talk Newsletter, November 2005, Issue No. 25.