Description: This document summarizes the meeting of the Individual Life Insurance and Annuity Product Design Section that occurred at the October 1982 Society of Actuaries Annual Meeting in Washington D.C. The meeting of this section consisted of a report to members, role and purpose of the section, and an open discussion.

Description: This is a discussion from the 1982 SOA Spring Meeting on individual annuity product design under conditions of inflation. It highlights the design and testing of annuity products in an inflationary envirnonmnet, the marketing and distribution of annuities, the importance of asset/liability matching and surplus and valuation considerations. From Record of the Society of Actuaries 1982, Volume 8, No. 1.

Description: This session from the 1983 SOA Spring Meeting discusses regulatory topics affecting life insurance and annuity product development including Unisex rating, UL reserves and non-forfeiture values, policies without guaranteed cash surrender values, and smoker/non-smoker mortality tables. From Record of Society of Actuaries Vol. 9, No. 2.