Description: Discusses the interactions between dynamic lapses and interest rates in stochastic modeling for variable annuities.

Description: Discussion of a new product concept in life insurance: Registered Indexed Variable Universal Life (RIVUL). A product idea based on the sales success of Registered Indexed Life Annuities (RILA), but applied to life insurance. The article discusses the pros and cons of the product idea and the ability of it to provide a company with something different relative to existing universal life insurance products.

Description: The article discusses the continued popularity of indexed UL insurance and possible reasons why a company's actual indexed UL earnings may be below their original pricing expectations for the product. The article discusses several key items that may be the source of that underperformance (e.g., hedge ineffectiveness, policyholder behavior) and the need to monitor earnings and perform analyses to better understand those potential sources.

Description: Read the April 2019 issue of Product Matters! published by the Product Development Section.

Description: Read the June 2018 issue of Product Matters published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: A discussion on the use of technology in insurance.

Description: Chairperson’s views on the changing life insurance industry.

Description: Read the October 2019 issue of Product Matters! published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: The current coronavirus pandemic has caused a number of challenges for life insurers and this article summarizes the operational challenges, namely in two areas. First, the article will discuss the challenges companies are facing to collect traditional underwriting evidence and potential short-term solutions used to overcome these limitations. Second, the actions companies are taking to alleviate the financial difficulties customers may have paying premiums will be addressed.

Description: Read the February 2018 issue of Product Matters published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.