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  • Policyholder Behavior in the Tail Risk Management section Working Group UL with Secondary Guarantee 2012 Survey Results Report
    (Figure 28). • Of those that specifically use dynamic lapse assumptions, 50% (5 of 10) specifically state ... were chosen by 89% of respondents as a source for dynamic lapse assumptions (Figure 29). • The 2001 VBT ...

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    • Authors: Society of Actuaries, Stephen Hodges, Mark Bergstrom
    • Date: Mar 2013
    • Competency: External Forces & Industry Knowledge
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Universal life