Description: Discussion of variable universal life secondary guarantees: product features, pricing issues and reserving issues

Description: Discusses cost-benefit decision-making for acquiring electronic data-processing equipment and installation issues, ability of small companies to compete in pension trust arena, effectiveness of various agency compensation programs in stimulating sales and improving persistency, success of sales to substandard risks and rating methods, and pricing, reinsurance and experience with individual hospital and medical policies.

Description: This is a discussion about new product developments, supplementary benefits - Accidental Death, Guaranteed Insurability and automatic inclusion of supplementary benefits rather than optional, product expense trends, considerations in setting commissions for policies with different characteristics, and analyzing and entering new markets.

Description: From a session at a meeting of the Society of Actuaries held in San Diego, CA, June 22-23, 2000 This discussion reviews the need for and a process for remediation of errors made with respect to an inadvertent non-egregious failure to comply with the modified endowment contract rules under Internal Revenue Code Section 7702A.

Description: Presented at May 2002 Spring Meeting. Discusses changes to reserving and tax regulations and the implications they have on product development.

Description: Presented at October 1986 Annual Meeting. Discusses background, product design, NAIC model regulations, New York legislation and regulations, investment considerations, financial reporting, and provides a Canadian overview of MVA products.

Description: Discussion of a Society of Actuaries research report on cost comparison methods life insurance sales illustration support, prepared at the request of the NAIC

Description: Discusses 1. the impact of increased yields on new investments on premiums, dividends and policy values, 2. the criteria of equity which should be observed when different basic assumptions or underwriting standards are employed for different plans, 3. pricing of substandard policies, 4. handling situations where premium payments aggregate more than the face amount, and 5. recognizing mortality trends in pricing settlement options.

Description: This discussion briefly examines if the generation interest rate approach is applicable to: individual life insurance, individual annuities, and supplementary contracts. Further, what would the effect on dividend illustrations be?

Description: Variable life insurance asset shares involve, in general, both the separate account and the general account. This paper develops, for both accounts, under the New York Life design, the annual asset share equations of equilibrium for the separate account asset share, for the general account asset share, for the basic reserve, and for the surplus and also derives the individual expressions for the interest and mortality contributions to the surplus. Followed by discussion papers submitted by several authors.