Description: Jumping Through the Hoops of XXX to Minimize Reserves on UL Secondary Guarantees by Jason A. Jump from Product Development News, August 2000, Issue No. 50.

Description: The article discusses the developments thus far with the adoption of the NAIC Valuation Manual and what steps still lie ahead. It also discusses the NAIC Life Actuarial Task Force’s response to the NAIC’s VM-20 Impact Study. In general, outcomes of the Phase III testing support the suggestion that the modifications made to VM-20 as a result of the NAIC Impact Study made progress in addressing the excessive conservatism demonstrated in the Phase I and Phase II testing.

Description: In this article, we explore key insights from Oliver Wyman's 2020 Life PBR Emerging Practices Survey, which provides a broad industry perspective with more than 50 companies participating representing 95 percent of the individual life market (by written premium). Insights include the impact of PBR on reserves and profitability in addition to emerging practices related to product design, assumption development, and methodology decisions.

Description: This is a addendum for the research report summarizing results of premium persistency assumptions used by life insurers for flexible premium UL products.

Description: Report summarizing the results of the 2011 PBITT UL with Secondary Guarantees Survey

Description: This study examines individual universal life persistency. This report shows annualized results based on data from calendar years 1988, 1990, and 1992. The purpose of this study is to examine universal life lapsation and persistency by selected policy, agent, insured, and product characteristics.

Description: 1994 SOA Spring Meeting, San Francisco. The panel discussed current issues in participating, UL, and non-guaranteed element products. Topics of discussion included product design, regulatory issues, implementation, pricing issues, and compensation.

Description: This panel discussion, which occurred at the May 1982 Society of Actuaries meeting in Colorado Springs, provided an overview and update on Universal Life policies using the format of discussion of the results of a survey sent to sixty actuaries involved with Universal life .

Description: This article summarizes the presentations on December 7th, 1981 at the Los Angeles Actuarial Club. The discussion was on regulating universal life products by several actuaries prominen tin that field - John 0. Montgomery, David R. Carpenter, Allan L. Chapman, and Lynn C. Miller.

Description: This article discusses the profitability of universal life policies over time as interest rates and policyholders become more knowledgable.