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The Universal Life Work Group
The Universal Life Work Group The Universal Life Work Group ULWG of the American Academy of Actuaries’ AAA Life Valuation Subcommittee was formed in July 2004. Its charge is to develop a new “ ...- Authors: David E Neve
- Date: Mar 2005
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Product Matters!
- Topics: Life Insurance>Universal life
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New Flexibility for VUL Product Design in New York StateSurrender Charge Limits Revisited
New Flexibility for VUL Product Design in New York StateSurrender Charge Limits Revisited The author discusses an interpretation of the surrender charge limitations specified in New York’s ...- Authors: Robert Hafner
- Date: Aug 2001
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Product Matters!
- Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Universal life
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Proposed Regulations on “Toll Tax” Under Amended Section 965
Proposed Regulations on “Toll Tax” Under Amended Section 965 Provides a few highlights of the rules set forth in the Proposed 965 Regulations and the impact such rules have on the determination ...- Authors: Surjya Mitra
- Date: Oct 2018
- Competency: Communication>Written communication
- Publication Name: Taxing Times
- Topics: Life Insurance>Universal life
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New Chinese Regulation of Non-guaranteed Life Products
New Chinese Regulation of Non-guaranteed Life Products Discussion of the new- 2003- regulations in China pertaining to nonguaranteed life products. Discount rates=Interest rates;Global ...- Authors: Samuel Zhou
- Date: Feb 2004
- Competency: External Forces & Industry Knowledge
- Publication Name: International News
- Topics: Life Insurance>Universal life; Public Policy
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Results of Universal Life, Indexed Universal Life, and Variable Universal Life Survey
Results of Universal Life, Indexed Universal Life, and Variable Universal Life Survey This article summarizes the findings of the 2020/2021 Milliman UL/IUL/VUL survey. The survey covers a range ...- Authors: Susan Saip
- Date: Aug 2021
- Competency: External Forces & Industry Knowledge
- Publication Name: Product Matters!
- Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Underwriting - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Investment strategy - Life Insurance; Life Insurance>Capital - Life Insurance; Life Insurance>Accelerated underwriting; Life Insurance>Simplified issue
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Income Volatility Under LDTI
Income Volatility Under LDTI This article is aimed to cover the following: 1) Provides an assessment of income volatility under Long Duration Targeted Improvements (LDTI) for several key types of ...- Authors: Bruce Rosner
- Date: Feb 2021
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Financial Accounting Standards Board [FASB]; Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Reserves - Life Insurance; Life Insurance>Term life; Life Insurance>Universal life
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Death-Benefit-Focused UL
Death-Benefit-Focused UL Discussion of growth in popularity of UL products designed to focus on the guarantee of death benefit protection rather than cash value accumulation and some of the ...- Authors: Michael Joseph Burns
- Date: Apr 2003
- Competency: External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Product Matters!
- Topics: Life Insurance>Universal life; Life Insurance>Marketing and distribution - Life Insurance
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Guideline Premium Forceouts
Guideline Premium Forceouts This article describes the potential effects of a Guideline Premium Forceout on the policy values and administration of Universal Life policies. Universal Life;Product ...- Authors: Lawrence Hersh
- Date: Feb 2018
- Competency: Communication>Written communication; Strategic Insight and Integration>Big picture view; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Taxing Times
- Topics: Life Insurance>Universal life
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Variable Universal Life Insurance
Variable Universal Life Insurance An article from The Actuary, March 1983, volume no.17, issue no. 3 that discusses Variable Universal Life Insurance based on the growing popularity of universal ...- Authors: Leonard E Odell
- Date: Mar 1983
- Competency: External Forces & Industry Knowledge
- Publication Name: The Actuary Magazine
- Topics: Life Insurance>Universal life
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Targeted Improvements—Illustrated Universal Life Earnings
Targeted Improvements—Illustrated Universal Life Earnings Illustrates the effects that proposed GAAP changes will have on earnings emergence of universal life contracts. Accounting standards; ...- Authors: Steven Malerich
- Date: Jun 2017
- Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: The Financial Reporter
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Life Insurance>Universal life