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

Description: This actuarial note provides a discussion of modified reserves and minimum cash values when continuous functions are used. Discussions of this paper are included.

Description: Members of the Society of Actuaries [SOA] Committee on Non-Forfeiture Values discuss how their committee meetings usually go. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4B.

Description: An article from The Actuary that discusses the new non-forfeiture value. The secondary market for life insurance is redefining the way policies are valued. Paradign shifts don't occur overnight. Yet, somewhere along the line, there comes a convergence of factors that makes significant change inevitable. With regard to the secondary market for life insurance, this tipping point is already in the rear-view mirror.

Description: Panelists debate the pros and cons of revising our nonforfeiture laws for life insurance, with input from the audience. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4A.

Description: this session from the 1995 SOA New Orleans Meeting discusses alternatives for illustrations and non-forfeiture values and considers current practices and proposals for life insurance and annuities in the US. From the Record of the Society of Actuaries, Vol. 21, No. 1.

Description: This paper provides a summary of the following special reports from the Transactions of Society of Actuaries 1974, Vol. 27: 1. REPORT OF THE HISTORIAN - 1974 and 1975. 2. REPORT ON ACTUARIAL PRINCIPLES AND PRACTICAL PROBLEMS WITH REGARD TO NONFORFEITURE REQUIREMENTS.

Description: A. Discusssion of the practical considerations involved in deciding whether or not to adopt projected mortality rates in connection with individual annuities, settlement options, retirement income policies, and the various forms of group annuities. B. In view of increased administrative expenses, discussion of the arguments for and against imposing limitations on the granting of settlement options with respect to size of policy, including the practicality of providing for the expense of administering supplementary contracts other than through the use of conservative mortality and interest assumptions.

Description: Presented at May 1996 Spring Meeting. Provides updates on the current developments and status of the new nonforfeiture law and discusses several controversial issues.

Description: Feature article discussing the Life Settlements business: recent growth, pricing, and future of the business.