Description: This discussion is about the new procedures that are being used or are contemplated in the preparation of new rate books and policy forms with reserves and cash values computed under the 1958 CSO Table.

Description: This is the first of two articles discussing the model laws governing minimum reserves and non-forfeiture values that the NAIC adopted in December 1980. The author, Chairman of the NAIC Technical Task Force on Valuation and Nonforfeiture Value Regulation, in this first article describes the objectives of the revision, which include updating assumptions, increasing flexibility, and improving the ability to deal with new types of products, the cooperative effort entailed, the actuary’s role and responsibilities in doing business under the new law, and the financial impact.

Description: Presented at May 1986 Spring Meeting. This session discussion is about regulatory aspects, administrative aspects, financial reporting issues and Canadian products.

Description: This paper presents blended 1980 CSO and Commissioners Extended Term CET Smoker and Nonsmoker mortality tables using the same methodology and pivotal age as used in the composite blended tables and for the same percentages of male to total, viz., 80, 60, 50, 40, and 20 percent. From Transactions of Society of Actuaries 1987, Vol. 39.

Description: Excel-based tables for 2017 CSO mortality rates.

Description: A discussion of efforts to revise the Standard Nonforfeiture Law.

Description: Presented at October 1996 Annual Meeting. This session updates actuaries on the current status of non-forfeiture law changes for life insurance. Panelists discuss the impact of these changes on product design, compensation, and other product features.

Description: This paper presents an in-depth analysis of life insurance protection which rises with increases in the consumer price index, with special attention to the nonforfeiture values. Two methods of calculating policy values are presented: change of state method and index accumulation method. Finally, there is some discussion of pricing and policy drafting.

Description: Excel-based tables for 2017 CSO mortality rates.

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting give an historical perspective and discuss actual and proposed changes to the Standard Nonforfeiture Law for annuities and life insurance.