Description: Summary of annual Milliman UL/IUL Issues Report, covering issues and challenges of these products.

Description: This abstract desribes a paper that models the stock market return, interest rate and other market variables to simulate potential future returns of EIUL.

Description: Part 2 of the article continues providing data on why IUL income streams need to be managed and suggests techniques that insurance companies could provide to policyholders and advisors to do so. The author also offers his research data free of charge to any actuary who contacts him to request it.

Description: The article discusses industry practices relating to US GAAP SOP 03-1 valuation for universal life with secondary guarantee products.

Description: This article discusses the growing popularity of variable products and compares the product design and pricing of VUL and UL products.

Description: This article discusses problems with life insurance sales illustrations. Potential abuses include use of unrealistic interest rates, projection of mortality improvements, elimination of loads after the 15th year and bonus crediting after the 15th year.

Description: This article by the editor discusses responses from readers to The Actuary’s September 1981 Supplement on Universal Life, much of it critical in nature. One responder noted that Universal Life is ‘a symptom of an economy in convulsion,’ and had serious doubts that this product will successfully provided consumers with long term life insurance protection.

Description: Hubert Mueller describes why unit-linked products are increasingly popular in Europe and provides his outlook for continued growth.

Description: Mortality Credibility and its use within VM-20.