Description: This article delves into a new line of statistical thinking of the author, that may be useful for product development actuaries. The key concept is how product design can produce products that diversify quickly, meaning that the company can be confident of a profitable product line, based on fewer sales than might be true for other designs.

Description: This presentation, session number 64PD, took place at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago. The panelists discuss the Society of Actuaries Life Experience Committee’s activities for the year 2000, and the retrospective analysis of X-factors and the role of reinsurers. Discussion from participants is included. From the Record of the Society of Actuaries, Volume 26, No. 3.

Description: Discusses the importance of coordinating the trends in investment markets with product characteristics, investment strategies, and asset modeling. From the 1987 Record of Society of Actuaries, Vol. 13, No. 2.

Description: Feature article describing the events of the recent 2012 ReFocus meeting.

Description: Discusses pricing assumptions – including expenses, mortality, investments, persistency, and margin for adverse deviation – for various life products and other situations. From the 1987 Record of Society of Actuaries, Vol. 13, No. 2.

Description: The article looks back at the development of life protection product underwriting and pricing in UK. It describes the development in waves of change, looking at different drivers, e.g. consolidation of the life insurance industry, the role of technology as a driver for efficiency gains via electronic underwriting. Different levels of sophistication are being discussed and possible implications for the relationship between direct offices and reinsurers. This rather thought provoking article is based upon Munich research as well as market experience and ties in with a number of current topics as for example potential changes as a result of the Retail Distribution Review and the Gender Directive implementation.

Description: This session from the 1995 SOA New York City Meeting discusses the factors to review in re-pricing life products, insurers' methods for monitoring in-force business, and the importance of re-pricing in-force business. From the Record of the Society of Actuaries, Vol. 21, No. 2.