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  • The Universal Life Insurance Policy
    considerable prominence is the flexi- ble premium annuity which is used in the sale of tax-sheltered annuities ... variable annu- ities are a form of flexible premium annuity where the accumulation is based on the investment ...

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    • Authors: James C H Anderson
    • Date: Jan 1999
    • Competency: External Forces & Industry Knowledge; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
    • Topics: Life Insurance>Universal life
  • Universal Life With Secondary Guarantees: Stochastic Pricing Analysis
    alternative combinations of lapse assumptions, mortality assumptions, premium payment patterns, and account ... accordance with our interpretation and experience with U.S. GAAP and statutory accounting principles, including ...

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    • Authors: Robert Stone, Andrew Steenman
    • Date: Feb 2012
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Secondary guarantees; Life Insurance>Universal life; Modeling & Statistical Methods>Stochastic models
  • PBR Simplified Methods Project
    all material assumptions; 2. objectivity measure(s) for material best esti- mate assumptions; 3. an actuarial ... a range from zero to one, such as lapse and mortality. The resulting distribution covers both estimation ...

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    • Authors: Mark Birdsall
    • Date: Apr 2019
    • Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
    • Publication Name: The Financial Reporter
    • Topics: Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Universal life; Life Insurance>Whole life; Modeling & Statistical Methods>Conditional Tail Expectation; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Estimation methods; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Sensitivity testing; Modeling & Statistical Methods>Stochastic models
  • A Brief History of Universal Life
    new policy would combine "a flexible premium annuity with a monthly renewable term insurance rider ... insurance policy and a deferred annuity. The death proceeds paid out of the annuity contract cre- ated federal ...

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    • Authors: Douglas Doll
    • Date: Jan 1999
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Topics: Life Insurance>Universal life
  • Actuarial Research Clearing House 1993 VOL. 3 Speeding Up Universal Life Calculations in BASIC
    follows: (2) CVNN=[ICV+(1-PCIP-OE](I+COIR)(I+i}~/~S-(DB/GIF*COIR)(I+i)~/a2 Now let (I+i) ~/~ = l+mi (monthly ... def ine an addit ional in te rmed ia te value, s ince it is used in the program i l lustrat ions be ...

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    • Authors: Dennis Radliff
    • Date: Jan 1993
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Actuarial Research Clearing House
    • Topics: Life Insurance>Universal life
  • The Actuary Vol. 22, No. 4 Products Profitability Variable Versus Interest-Sensitive
    between the two products in the assumptions for mortality, under- writing expenses and distribution. costs ... VUL product. the latter being assessed as the mortality and expense risk charge. l To have a comparable ...

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    • Authors: Dennis Carr, John Fenton
    • Date: Apr 1988
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: The Actuary Magazine
    • Topics: Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Universal life