Description: The SOA’s Committee on Life Insurance Company Expenses (CLICE) has submitted its recommendation memo for the 2015 Generally Recognized Expense Table (GRET) for use with individual life insurance sales illustrations. The recommendation is currently being exposed for comments by the NAIC.

Description: This panel discussion focuses on expense analysis and allocation. Areas addressed include standard of measure used, inconsistencies in expense allocations, and alternate methods of allocation of marketing expenses.

Description: Instructions for completing the workbook for the 2009 Individual Life and Annuity Expense Study.

Description: The Committee on Life Insurance Company Expenses is currently seeking life insurance company data submissions to the 2012 Individual Life and Annuity Expense Study.

Description: This panel discussion is from the 1991 Meeting of the Society of Actuaries, held April 18-19 in New Orleans. Recognizing that over the past few years, pricing actuaries have increasingly adopted marginal expense assumptions in pricing, the panelists discuss strategy and pricing considerations, including marginal strategies, fixed versus variable costs, and treatment of corporate overhead. Discussion from participants is included. From the Record of Society of Actuaries, Volume 17, No. 1.

Description: This article provides encourages participation in and provides instructions for participation in the 2010 CLICE study. The objective of the 2010 study is to provide useful unit expense benchmark information to actuaries and their managements from which to assess their own unit expense performance, while expanding the level of contributions. In addition, CLICE expects the results to be useful in enhancing the generation of the Generally Recognized Expense Table GRET in the U.S. used by some companies to demonstrate compliance with the NAIC model sales illustration regulation.

Description: Experience-study instructions to contributors. Looks to develop inter-company information about expenses for many types of individual [not group] life and annuity products.

Description: This is a request for data for the 2005 intercompany expense study.

Description: This report documents the results of the Committee’s third expense study – the 2003 SOA Individual Life and Annuity Expense Study.

Description: Summary report for the eighth expense study conducted by the Society of Actuaries' Committee on Life Insurance Company Expenses [CLICE]. Contributions of individual life and annuity expense data were received from 23 U.S. life insurance companies.