Description: Farewell memo from outgoing section chairperson to section members.

Description: Chairperson’s views on the changing life insurance industry.

Description: Welcome message from the new Chairperson of the Product Development Section.

Description: The author discusses an interpretation of the surrender charge limitations specified in New York’s Regulation 77 which increases the maximum allowable surrender charges for renewal years. This interpretation was presented to and accepted by the New York State Insurance Department.

Description: An article from the Chairman of the Product Development Section Council with a brief discussion of plans for the section for the upcoming year 2009.

Description: The Life Insurance industry is undergoing significant change and the Product Development Section provides our members with tools to help navigate this change.

Description: Discussion of recent Society of Actuaries sponsored research.

Description: This article provides guidance on when experience rated designs are more suitable for COLI/BOLI programs than other designs. The article includes strategies to minimizing excessive mortality-related costs within these programs.

Description: Article describes the language changes between AG 49 and AG 49-A.

Description: The article summarizes results of a Milliman survey per the title. These products comprise about 40% of the total individual life market, and the survey covers a range of topics on these plans, which should be of interest to a large portion of the life industry.