Description: After outlining some of the issues involved in the taxation of life insurance companies, this paper describes the tax consequences of various strategic courses of action by life insurance companies. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: The purpose of this status report is to advise practitioners about subsequent research and analysis conducted by the Advisory Group regarding these items. At this time, there are no new enhancements to the MIM-2021 tools.

Description: This article discusses the implications of a groundbreaking test that can help people determine how long they have left to live.

Description: Mandatory implementation of life principle-based reserves (PBR) is just around the corner, and there is no shortage of work to do, as most products have yet to be moved to PBR. Oliver Wyman recently completed its 2019 PBR survey, with more than 40 participants covering 85 percent of the individual life market, including 23 of the top 25 life writers and five reinsurers. This article will expand on the key survey findings including implementation status and model simplifications.

Description: This session from the 1995 SOA New York City Meeting covers the overall trends in the financial market place, the relationship between banks and insurance companies, joint ventures between them and the issues faced by these two distribution systems. From the Society of Actuaries, Vol. 21, No. 2.

Description: This article presents an overview of the viatical/life settlement business including the current pricing, regulatory, tax and investment considerations.

Description: This discussion looks at the problems considered in drafting war-aviation clauses, plans for mitigating catastrophe hazard with respect to policyholders in the event of a major war, and steps which may be taken to minimize war disruptions of life insurance home office operations.

Description: Discusses PLR 201105012, the investor control doctrine, and how the IRS concluded that shares of a Lifecycle Fund, available only through a life insurance company's separate account, still can be considered owned by the insurer and not the policyowner for federal income tax purposes even if it at least partly invests in shares of public funds.

Description: The purpose of the article is to discuss the benefits of small policy purchases by seniors, describe the market and distribution for these small face amounts of life insurance, and demonstrate the dimensions of the market.

Description: This discussion is about the mortality margins and mortality rates. From Transaction of Society of Actuaries 1961 Vol. 13 pt. 2