Description: Proposes alternatives for estimating the long term interest returns in Indexed Universal Life products. Defends expected return of 20%-45% on hedge budgets.

Description: This session discussion is about universal life enhancements. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: This is a research report summarizing results of premium persistency assumptions used by life insurers for flexible premium UL products.

Description: This session discusses Universal Life issues including current and projected sales results, product design, agent's compensation, how companies are pricing products and current Federal Income Tax effect on the product. From Records of Society of Actuaries Vol. 9, No. 3

Description: This article is an extract from a revision to the Universal Life Study Note. From Product Development Section Monograph, M-AS99-3.

Description: This presentation is a panel discussion, session 55PD, from the 2004 Spring Meeting of the Society of Actuaries, held June 14-15 in San Antonio, TX. Low new money rates, new reserve requirements and the limited availability of reinsurance solutions have highlighted the risks associated with offering UL secondary guarantees. The panelists discuss the types of risks and emerging practices in risk assessment and pricing of UL secondary guarantees, the current UL market, recent developments in product, and pricing techniques. Discussion from participants is included. From the Record of Society of Actuaries, Volume 30, No. 2.

Description: Discussion of American Academy of Actuaries Illustrations Work Group. This article deals specifically with the issue of using mortality improvement assumptions in the illustrations prohibited by the Model Illustration Regulation, suspected in some cases because some UL products incorporate low cost of insurance charges in late durations as part of their product design.

Description: This article is based on an excerpt from a Milliman Research Report on universal life insurance with secondary guarantees, ULSG. It discusses stochastic profit analysis and the impact of investment volatility of two common variants of ULSGs - level specified premium and single-fund shadow account designs.

Description: This article provides a summary of the key findings from Milliman's 8th annual survey of lading UL carriers. The survey covers issues and challenges of UL/IUL products and allows companies to benchmark their practices against the competition.

Description: In this article, the author discusses Universal Life and product mix strategy for Latin America.