Description: This article addresses the issues of short-term volatility, the non-equivalency of traders and, how product development is being impacted by market consistency.

Description: This article contains a summary of some of the presentations given at the October 2013 SOA Annual Meeting in San Diego.

Description: This article provides actuaries with general information about the Oregon Death with Dignity Act and experience for pricing of life and other insurance products.

Description: In this article, the authors give their overview of sessions that they attended at the June 2012 Life and Annuity Symposium. The sessions discussed are Life Insurance Illustration Regulation (15 years later), Advanced Mortality Topics, and Life and Annuity Product Development Strategies in the Wake of Low Interest Rates.

Description: Continuation of article from previous issue. This article illustrates the practical and financial implications of applying nested stochastic techniques to a sample product.

Description: Discussion of events of a the June 2009 NAIC/LHATF meeting.

Description: The Effects of Triple-X on Product Design by Mary Bahna-Nolan from Product Development News, August 2000, Issue No. 50.

Description: Since the last installment of the biennial WTW North America Life Insurance Pricing Methodology Survey in 2018, the market has been coming to terms with the prospect of “lower for even longer” interest rates and been confronted with the economic and social impacts of the COVID-19 pandemic. This article examines what effects these and market-specific factors have had on profit targets and pricing and reserving strategy. The survey looked at the profit objectives and assumptions used in pricing 2020 new issues of individual life and annuity products, with a focus on past practices, not future plans.

Description: This paper will show that the result of using the 1975-80 select/ultimate table, as opposed to the more modern 1990-95 select/ultimate table, can be a significant understatement of future mortality and hence anticipated profits may prove to be illusory.

Description: An interview with Joe Gilmour to share his views on the future innovations in underwriting that will help grow the individual life insurance business.