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Actuarial Guideline XLIX (AG49): Past, Present and Future
(2015) Prior to the initial adoption of AG49, the NAIC’s Life Insurance Illustration Model Regulation (#582) ... practices across the industry. In 2015, the NAIC’s Life Actuarial Task Force (LATF) developed AG49 with ...- Authors: Richard John Hoffer, Alexander Tall, Kathryn van Ryn
- Date: Jun 2023
- Competency: Strategic Insight and Integration
- Publication Name: Product Matters!
- Topics: Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Marketing and distribution - Life Insurance
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Insights in Life PBR Practices
Standards Board targeted improvements, variable annuity reform, IFRS updates). Stakeholders need to be ... moved to PBR. Further information is presented in Table 1. Although a similar number of companies implemented ...- Authors: Kevin Carr, Dylan Strother, Chris Whitney, Haley Christine Jeorgesen , Simon Gervais
- Date: Sep 2019
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Product Matters!
- Topics: Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Whole life
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Why Indexed Universal Life (IUL) Income Streams Need To Be Managed: Part 2
to Be Managed— Part 2 By Ben H Wolzenski and John S. McSwaney Ben H Wolzenski, FSA, MAAA, has been a ... individual life products his entire career. John S. McSwaney, CLU, ChFC, AEP, is a past presi- dent of ...- Authors: Ben Wolzenski
- Date: May 2019
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Product Matters!
- Topics: Life Insurance; Life Insurance>Universal life
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Insights Into Life PBR Emerging Practices
Practice • Seventy percent of respondents aggregate mortality experience across products, risk classes, tobacco ... guaranteed YRT rates to recoup all of the excess mortality assumed under PBR 1 2 3 4 5 6 (1, 2, 5): ...- Authors: Kevin Carr, Andrew Radel, Chris Whitney
- Date: May 2019
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Product Matters!
- Topics: Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Universal life; Life Insurance>Whole life; Reinsurance>Life reinsurance