Description: This session from the 1983 SOA Hollywood, Florida Meeting discusses the implications of UNISEX legislation and the Norris Decision, the impact of the proposed tax law, variable products and Large Amount Term Insurance persistency and mortality. Record of Society of Actuaries Vol.9, No. 4

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

Description: Discusses: 1. The Guaranteed Insurability Option - how have companies been promoting and problems that have been encountered 2. Insurance at age zero - with drop in mortality under 1958 CSO, will more companies offer, mortality experience and underwriting, the effect in Canada of the removal of the graded amount requirement from the Uniform Insurance Acts.

Description: This paper develops the theoretical formula for the face amount under the New York Life variable life insurance design, introduced in the paper 'Analysis of Basic Actuarial Theory for Fixed Premium Variable Benefit Life Insurance,' adapted to a daily basis and also provides a simplified approximation of this formula. A formula for daily net premium is also derived.

Description: Presented at October 1996 Annual Meeting. This session explores the current status of variable products in the marketplace. It also covers issues related to fund performance, distribution, and product design.

Description: Discusses methods developed facilitating the calculation of deficiency reserves arising because of graded premiums or policy fees, The extent dividends and premium rates are determined by a company's own mortality or morbidity experience, problems posed for smaller companies by recent increases in nonmedical limits, and if High School Mathematics Contests have helped smaller companies obtain actuarial personel.

Description: Discusses reduction in bank loan and minimum deposit business, sales of a combination of single premium immediate annuities with life policies on a guaranteed issue basis, likely results of recent court decisions regarding allowing interest on indebtedness as a tax deduction, and professional development needs for actuaries taking on management roles.

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: Presented at May 1986 Spring Meeting. This session discussion is about product designs, market factors, state regulation, SEC aspects - 6e-3T.

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?