Description: it discusses the framework and modeling of the market consistent valuation of fixed indexed annuity, against the backdrop of the convergence of accounting standards and internal risk management.

Description: The presenters will review and discuss the recent trend of FIA and Structured Annuities new product development, illustrate the differences and similarities between these two types of products, and discuss how insurance carriers may effectively manage the capital market risk from derivative hedging perspective. Special emphases will be on (1) the performance of customized FIA indices during the recent economic cycles, relative to benchmark equity indices such as S&P 500, and (2) the latest product designs of Structured Annuities and offering rates by insurance carriers.

Description: Read the June 2018 issue of Product Matters published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the February 2018 issue of Product Matters published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Provide high level summary of changes to Valuation Rates for Payout Annuities and similar contracts.

Description: Read the June 2017 issue of Product Matters published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the July 2016 issue of Product Matters!

Description: The objective of this article is to help indexed annuity writers understand the pricing practices and ALM strategies used by their peers in the industry, especially in light of the prevailing low interest rate environment and a possible rise in interest rates.

Description: Six years after the global financial crisis, the reshaped contours of the market for the life insurance industry are coming into focus.

Description: February 2016 issue of Product Matters!

Description: This article provides background on managed target volatility funds and how they can be used for variable annuities and the mitigation of gap risk.

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: A review of the development of multi-asset indices and their placement in fixed indexed annuities in the Unites States. This article covers the evolution of indexing and its impact on the annuity marketplace. It also summarizes the key factors underlying the proliferation of multi-asset indices with built-in volatility targets.

Description: Compares how other industries (in this case, Fast Food) researches and tests new products. Provides examples of how the insurance industry can efficiently research and test new product concepts before going to market.

Description: This article discusses sessions from the product development section post symposium seminar on product development - beginning to end. Sessions included product specific topics like term, universal life with secondary guarantees, and indexed products. Panel discussions included inforce management and advanced modeling issues.