Description: You've written the position papers, updated the models, and designed the required disclosures, but you may be wondering how to explain the results during interim financial reporting periods to company management as well as other stakeholders. Explore ways to adapt existing management reporting and offer ideas for new metrics. Discover various methods for analyzing DAC amortization patterns, market risk benefit reserve patterns, and liability for future benefits (LFPB) movements. Investigate ways to integrate changes in LDTI with business planning and other broader business issues such as product pricing considerations and reinsurance strategy. By attending the session, you will: - Create effective management reports to explain movements in LDTI results, e.g., LFPB, DAC, and MRB changes. - Leverage management reports in other areas of the business, including Financial Planning & Analysis, Pricing/New Product Development, and reinsurance strategy. - Understand the implications of the LDTI results and how they impact their business decision.

Description: This session meets the needs of life insurance actuaries who are focused on experience studies, assumption setting, and/or product development. The presenters will use industry data to illustrate how policyholders react to product design, such as premium jumps in the PLT period and UL with high interest rate illustration, and trends in the life insurance market, including the introduction of smoking distinguished rates and the shift towards an increasing number of preferred underwriting classes.

Description: This session from the 1983 SOA Spring Meeting discusses individual life insurance including the changing markets, distribution systems, products, regulation, and taxes.

Description: The Standard Nonforfeiture Law requires that the mortality table and interest rate provided in the policy for the calculation of cash surrender values and of nonforfeiture paid-up insurance be the same, say Basis A. It also contemplates that, if desired, a more stringent Basis B may be provided for calculating the present value of extended term insurance, using mortality rates up to 130% those of Basis A. From Transactions of Society of Actuaries 1958, Vol. 10, No. 28.

Description: A discussion of the American Financial case in detail. Also includes background on what the statute requires and the Internal Revenue Service (IRS)’s ruling and litigating positions.

Description: This article discusses how catastrophe risk poses a unique challenge for smaller life insurers.

Description: This session from the 1984 SOA Toronto Meeting analyzes current and possible future non-traditional/mass marketing techniques, examining their potential for enhancing present day, insurance marketing methods and the impact on the agency system. From Record of the Society of Actuaries Vol. 10, No. 4A

Description: Join us as some of the hottest topics are debated by a multi-discipline panel of industry experts focusing on potential impacts to key performance metrics. Will their arguments sway you? The final say is yours as audience polling decides which side wins the day. This fiery clash will include such topics as: what's really driving mortality?, can I really assume 'all else equal' when making underwriting changes?,I dare you to step over this line - is there an inflection point in fluidless underwriting as qualification rates increase with continued upward pressure?,how many years to credible mortality?, can I really tell if this is working anytime soon? and how effective are leading performance indicators? By attending the

Description: This panel discussion seeks to answer the following questions: Is the competitive position of smaller companies improving as compared to that of the larger companies? How are companies not offering this policy meeting this competition? Is there a trend toward the seeking of growth by smaller companies through expansion into Group, Accident and Sickness and other fields? From Transactions of Society of Actuaries 1960, Vol. 12, No. 33.

Description: Discusses the current controversy with the NAIC over Small Face Amount Policies, SFAPs.