Description: This is a discussion of the paper, 'Payment of Reserve in Addition to Face Amount' by Paul W. Nowlin and T. N. E. Greville, which discussed a method for determining the level premium for such coverage. This discussion applies risk theory to the insurance discussed in the paper.

Description: This paper presents ratemaking for nonparticipating life insurance including the relationship between gross premiums and profit margins, suitable assumptions, a technique for evaluating in force business and demonstrating results using the methods. The paper is followed by a discussion. From Transactions of Society of Actuaries 1959, Vol. 11, No. 30 AB.

Description: 1999 SOA Regional Meeting, Atlanta. In this session on next-generation UL, the panelists explored 1999 product development issues relating to the general account/non-equity-indexed universal life product.

Description: This session 68 TS of the New Orleans Annual Meeting discusses profit measures such as profit margin, statutory return on investment ROI, and return on equity ROE have been used to make decisions concerning new products. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 68TS.

Description: This paper presents the application of the asset share technique of pricing to Home Equity Line of Credit insurance. The paper's objective is to provide useful tools when developing a new HELOC product including projections for marketing and underwriting, distinctions between desirable and undesirable product design features, and development of premium rate structures. From Actuarial Research Clearing House 1990, VOL. 2

Description: Predictive models can improve the traditional actuarial assumption-setting process. Data science techniques can provide deeper insights into experience through their ability to identify key drivers, rank importance and account for interactions. The presenters will cover ways in which companies can utilize predictive analytics to set assumptions, including the various methods available and practical approaches for implementation. They will also discuss the advantages and challenges of using predictive models for setting assumptions for life, annuity and disability products.

Description: Traditional discounting is hazardous to corporate health unless, as this paper demonstrates, it is turned on its head and insurance managers adopt the methods of prudent bankers. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: This article discusses the growing popularity of variable products and compares the product design and pricing of VUL and UL products.

Description: This panel discussion is about expense assumptions in pricing. It focused on: 1. What were the historical approaches to expense loadings in premium rates of life and casualty lines? 2. What are the fundamental differences in life vs. casualty expense assumptions? 3. Current changes. 4. Future possibilities.

Description: In this paper we use expectations of different random variables to define the notions of retrospective, prospective, individual, and aggregate net premiums for plans with contingent obligations.