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  • 2018 Universal Life with Secondary Guarantees Survey: Survey of Assumptions for Policyholder in the Tail
    reported using dynamic lapse assumptions continues to increase relative to past surveys. Dynamic lapses were ... estimate continues to be the most common source of dynamic assumptions at 67%, although that response rate ...

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    • Authors: Jeffrey Hartman
    • Date: Sep 2018
    • Competency: External Forces & Industry Knowledge
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Universal life
  • Policyholder Behavior in the Tail Joint Risk Management Section Working Group Variable Annuity Guaranteed Benefits 2017 Survey Results
    ......................................... 8 Dynamic Lapses ....................................... ... companies varies widely (Figure 4). Dynamic Lapses  Dynamic lapse functions are used by most companies ...

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    • Authors: Jason Tucker Hartman
    • Date: Jan 2018
    • Competency: External Forces & Industry Knowledge
    • Topics: Life Insurance>Policyholder behavior - Life Insurance
  • 2017 Universal Life with Secondary Guarantees Survey
    reported using dynamic lapse assumptions is somewhat higher than in prior years. Dynamic lapses were ... estimate continues to be the most common source of dynamic assumptions at 73%, although that response rate ...

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    • Authors: Jeffrey Hartman
    • Date: Jul 2017
    • Competency: External Forces & Industry Knowledge
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Universal life
  • Policyholder Behavior in the Tail Risk Management Section Working Group UL with Secondary Guarantee 2015 Survey Results
    that reported using dynamic lapse assumptions is similar to prior years. Dynamic lapses were used by ... (Figure 18).  Of those that specifically use dynamic lapse assumptions, over three-fourths (7 of 9) ...

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    • Authors: Stephen Hodges, Charles M Bremer, Jeffrey Hartman
    • Date: Apr 2016
    • Competency: External Forces & Industry Knowledge
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Universal life
  • Policyholder Behavior in the Tail Risk Management section Working Group UL with Secondary Guarantee 2013 Survey Results
    (Figure 28).  Of those that specifically use dynamic lapse assumptions, nearly two-thirds, (7 of 11) ... were chosen by 82% of respondents as a source for dynamic lapse assumptions. Company experience was also ...

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    • Authors: Stephen Hodges, Charles M Bremer
    • Date: Jan 2014
    • Competency: External Forces & Industry Knowledge
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Universal life
  • 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
  • Premium Persistency Study of Flexible Premium Universal Life Products Report
    premium persistency factors by gender. • Dynamic premium persistency assumptions, where premium ... persistency factors by gender. Dynamic Assumptions Dynamic premium persistency assumptions, where ...

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    • Authors: Society of Actuaries
    • Date: May 2012
    • Competency: External Forces & Industry Knowledge
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life