Description: Author highlights historical nonforfeiture and federal tax law changes, as they have impacted life product designs, in prognosticating about future product designs.

Description: A high-level overview of the recent release of the update to the illustration practice notes, or IPNs.

Description: A recap of the SOA Research Institute's participation in the Spring 2024 NAIC National Meeting.

Description: This article provides an alternative method to the computation of the Reduction in Benefits Test under 7702A. Part 1 provided for reduction in death benefits. Part 2 provides for reduction in Qualified Additional Benefits.

Description: Article examines a proposed amendment to the MAP-21 Act that would have changed a number of tax requirements regarding so-called life settlements.

Description: The article provides an introduction to some of the key limitations that the Internal Revenue Code imposes on business uses of life insurance, focusing on the limitations under Section 264(a) on business deductions for premiums and interest expenses related to life insurance, the similar limitations under Section 264(f) for unrelated interest expenses of businesses that own life insurance, the limitations under Section 101(j) on the excludability of death benefits under employer-owned life insurance contracts, and the recently-enacted rules for life settlement transactions.

Description: A commentary on whether or not the Illustrations Regulation has been successful.

Description: Article from The Actuary February 1993 Volume27, No. 2 highlights benefits to insurers from NAFTA

Description: Summary of the upcoming activities for the Smaller Insurance Company Section in 2016.

Description: This article discusses the structure of and the dangers posed by Stranger-Originated Life Insurance STOLI.