Description: This session from the 2003 Washington D.C. Spring Meeting discusses a variety of risks that need to be considered in pricing life and annuity products. This session also reviews the results of the Risk Management Task Force Survey including how companies were measuring profit, how they were reflecting risk in pricing, how results were analyzed and how specific risks were being modeled. From the Record of the Society of Actuaries, Volume 29, No. 1, Session 7PD.

Description: This panel discussion is about expense assumptions in pricing. It focused on: 1. What were the historical approaches to expense loadings in premium rates of life and casualty lines? 2. What are the fundamental differences in life vs. casualty expense assumptions? 3. Current changes. 4. Future possibilities.

Description: Provides clarification of the level-price method for comparing the cost of 2 different policies discussed in March 1969 article by William Gould, which drew on this author's work. This method applies to cash value life policies.

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: Discusses the process from beginning to end: identifying product needs, pricing considerations and assumptions, sales and administration systems, the state filing process, and negotiating reinsurance arrangements. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4A.

Description: This paper sets forth a method of estimating the present value of the cost of future nonvested commissions. It also provides a method of producing an agents' survival table. Followed by several discussion papers submitted

Description: The article summarizes results of a Milliman survey per the title. These products comprise about 40% of the total individual life market, and the survey covers a range of topics on these plans, which should be of interest to a large portion of the life industry.

Description: What are insurance companies promoting in the market? How are they framing their products and services? What is their value proposition to producers? Members of the SOA Marketing and Distribution section receive an exclusive benefit that addresses these questions.