Announcement: SOA releases passing candidate numbers for April 2024 Exam PA.

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  • Recent Change to IRC § 7702 Interest Rates and Impact on Life Insurance Products
    withdrawals under the contract is similar to that of an annuity, whereby taxable gain is withdrawn before cost ... insurance rates. The maximum mortality table used in the calculation is the CSO table in effect when the policy ...

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    • Authors: Stuart Kwassman
    • Date: Feb 2021
    • Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Non-forfeiture benefits; Life Insurance>Whole life
  • A Fresh Look at IRC Section 7702: From a Technology Perspective
    system-provided software available to insurers. Each insurer’s system will adapt to the software that they have. ... calculations, such as changes to the underlying mortality and interest rates require insurers to update ...

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    • Authors: Sheryl Flum, Alexander Zaidlin, Drew Caulk
    • Date: Feb 2022
    • Competency: Results-Oriented Solutions
    • Topics: Life Insurance; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Product development - Life Insurance