Description: An exploration of drivers, cohorts and dynamics for policyholder behavior for VA and FIA based on industry experience data, including changes in recent years and the emergence of long-term data in key areas. We will also discuss critical elements to developing a sustainable and coherent framework to translate this complex experience data into assumption models.

Description: A review of product and sales trends for variable, indexed and fixed annuities against the current backdrop of low interest rates and record equity market valuations

Description: New Zealand is about to launch its first variable annuity with guaranteed lifetime withdrawal benefits. The product design is mindful of the lessons from the financial crisis in the United States, Europe and Japan.

Description: This research report analyzed the effects of different types of informational interventions on annuity-related behavioral intentions and beliefs, such as estimated retirement age and life expectancy.

Description: This paper develops a model of annuity mortality that facilitates a more thorough evaluation of the issues of policyholder antiselection and insurance company response. Aging occurs as an annuitant's health state changes. Death occurs either as terminal health state or by accident. By knowing the current health state, the annuitant or insurance company can improve its knowledge about life expectancy.

Description: The purpose of this paper is to study mortality-based securities, such as mortality bonds and swaps, and to price the proposed mortality securities. The focus is on individual annuity data, although some of the modeling techniques could be applied to other lines of annuity or life insurance.

Description: This paper describes a concept product, advanced-life delayed annuity ALDA, which would be acquired at a young age small premiums would be paid over a ling period of time but the ALDA would only begin paying an inflation-adjusted life-contingent income at the advanced age of 80, 85, or even 90.

Description: Presented at May 2002 Spring Meeting. The panel identifies the risks in annuity products and the product development and reinsurance actions that can enable an insurer to manage the risks.

Description: Presented at May 1986 Spring Meeting. This session discussion is about regulatory aspects, administrative aspects, financial reporting issues and Canadian products.

Description: This session from the 1984 SOA Salt Lake City Meeting discusses many types of individual annuity products including single premium - SPDA's, annual premium, and flexible premium deferred annuities and structured settlement plans.

Description: This is a discussion from the 1982 SOA Spring Meeting on individual annuity product design under conditions of inflation. It highlights the design and testing of annuity products in an inflationary envirnonmnet, the marketing and distribution of annuities, the importance of asset/liability matching and surplus and valuation considerations. From Record of the Society of Actuaries 1982, Volume 8, No. 1.

Description: This report presents the formal recommendation for a new mortality basis for individual annuity valuations. From Transactions of Society of Actuaries 1981, Vol. 33.