Description: This session from the 1995 SOA New York City Meeting reviews developments in savings product design including equity-indexed annuities, CD-type annuities, the market value adjusted market, an assessment of purchasing trends and developments in other countries. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: Panelists at this session of the SOA 1998 Maui I Spring Meeting discuss the most current information on issues in the regulatory area that impact individual life and annuity products.

Description: This article discusses the three main taxation proposals affecting holders of life insurance and deferred annuity policies announced on Friday, November 13, 1981 by the Federal Finance Minister in Canada. The main proposals are 1 taxation of accrued investment income on life and annuity policies, 2 changes in the adjusted cost basis at disposition of policies and 3 treatment of life insurance policies not registered as retirement savings plans.

Description: This 1980 session covers amendments to the SNL and SVL and the anticipated revision to the CSO Mortality Table. Questions discussed: 1. What changes can be expected in requirements in the1980's? 2. What changes in products design will likely emerge from these? 3. What will be the effect on future gross premium, cash value, and reserve levels? 4. Will these changes be compatible with all economic forecast scenarios? 5. Will these changes create a need for increased gross premium rates or for higher company surplus levels? 6. Should attention to solvency measures be increased? 7. Are the allowable valuation interest rates sufficiently liberal?

Description: Come discuss modeling costs and its governance, as well as introduce some platforms for more granular asset modeling.

Description: Updates on partial annuitization and exhanges, prevailing CSO valuation mortality tables, disclosure of offshore accounts through FATCA.

Description: This discussion at the 1968 Philadelphia Regional Meeting focuses on issues for smaller companies including expense analysis, adjusted earnings, variable annuities, agency operations, and interim financial statements.

Description: The Society of Actuaries and LIMRA have sponsored a Variable Annuity Guaranteed Living Benefit Utilization Study. This study is an annual update of earlier investigations conducted since 2006.

Description: Initiated by the Financial Reporting Section, this paper explores rising interest rates. Following this path, the paper will look at implications of interest rate changes for the life insurance industry, current stress testing practices, and how a risk manager can proactively prepare for an uncertain future. A paper published in 2014 focused on why rates could stay low, and some aspects of this paper are similar (e.g., description of insurance products). This paper also uses a sample model office to help practitioners look at their own exposures. It includes typical interest-sensitive insurance products and how they might perform across various scenarios, as well as a survey to establish current practices for how insurers are testing interest rate risk currently.

Description: This session from the 1984 SOA Salt Lake City Meeting discusses the latest Exposure Draft of the Committee on Theory of Dividends and other Non-Guaranteed Elements in Life Insurance and Annuities and of other related developments in this area.