Description: Panelists discuss SEC and state regulatory developments, variable-market sales and distribution trends, profitability of variable products, and the variable insurance market from the broader perspective of the financial-services marketplace. From the 1988 Record of Society of Actuaries, Vol. 14, No. 2.

Description: This article discusses a new procedure for correcting inadvertent failures to satisfy the diversification requirements applicable to variable annuity and life insurance contracts under section 817h of the Internal Revenue Code.

Description: 1993 SOA Spring Meeting, Boston. This session discussion is about the market potential, growth potential, distribution trends, and SEC oversight of variable life and variable annuity products.

Description: This abstract describes a paper that provides a quantitative framework in which two risk management strategies are mathematically formulated.

Description: A discussion of, first, the three-year transition period for adopting principle-based reserves and how it might not apply to tax reserves, and second, the tax impact of adding investment options to in-force contracts.

Description: This session 104PD of the Toronto Spring Meeting examines that there is a lot of talk about private placement life insurance, sold both offshore and onshore. This session examines the private placement of high-net-worth market. From the Record of the Society of Actuaries, Volume 27, No. 2, Session 104PD

Description: This section presents and summarizes major insurance-related legal cases of 1958. From Transactions of Society of Actuaries 1958, Vol. 10, No. 28.

Description: Panelists [1] provide a market update on variable universal life [VUL] and single-premium variable life insurance [SPVLI], and also discuss: [2] new variable-product designs and features, [3] reserves being held for back-loaded variable products, [4] fixed-rate and real-estate investment options, and [5] guaranteed minimum death benefits [GMDBs] under SPVLI policies and single-premium variable annuities, including reserve issues for GMDBs. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4A.

Description: Discusses PLR 201105012, the investor control doctrine, and how the IRS concluded that shares of a Lifecycle Fund, available only through a life insurance company's separate account, still can be considered owned by the insurer and not the policyowner for federal income tax purposes even if it at least partly invests in shares of public funds.

Description: The IRS believes that any segregated asset account comprised of a pool of individual securities will run afoul of the investor control doctrine. This article articulates that such a conclusion would be deeply flawed based on the administrative, congressional, and judicial precedents involving the investor control doctrine.