Description: Author describes how he developed graduated policy-year withdrawal rates using crude withdrawal data that was available by calendar duration but that also was distorted by reporting lags.

Description: This article is based on a presentation made by the author at the Spring 2005 meeting of the Society of Actuaries. In a survey conducted in early 2005, many managers of simplified underwriting programs said that they were upgrading or testing products utilizing new underwriting tools. This article discusses the survey and lessons to be learned.

Description: How Vitality's Shared Value insurance model aligns the incentives of policyholders with insurer to improve health and create and share actuarial surplus.

Description: This 1978 session on individual life product development included discussion on: 1. Major revisions, reasons for change, innovative techniques, and problems. 2. New products and special considerations.

Description: This is a discussion of universal life products. It includes: 1. Benefit structure including underwriting and reinsurance, values, and surplus requirements 2. Asset-liability matching 3. Taxes, expenses, and administration 4. Consumer protection, including the company's obligations, at time of sale 5. Marketing, sales compensation, and replacement questions Specifically it highlights the benefit structure asset-liability matching taxes, expenses and administration consumer protection, including the company's obligations, at time of sale and marketing, sales compensation and replacement questions.

Description: The financial sector should provide financial security and allocate capital well. As its preeminent professionals actuaries have particular responsibilities.

Description: Presented at May 1996 Spring Meeting. This panel shows how underwriters can use technology to obtain low-cost/high-value underwriting information and dramatically improve productivity. New screening tests and modification of standards for international markets are also discussed.

Description: Panelists focus on how the confluence of cost-effective distribution, rapid new-business processing and products tailored for the middle-income market can lead to profitable sales of smaller policies and expanded mid-market penetration. From the 2002 Record of Society of Actuaries, Volume 28, No. 3. Session 123PD of the Boston Annual Meeting.

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