Description: This is a discussion of universal life products. It includes: 1. Benefit structure including underwriting and reinsurance, values, and surplus requirements 2. Asset-liability matching 3. Taxes, expenses, and administration 4. Consumer protection, including the company's obligations, at time of sale 5. Marketing, sales compensation, and replacement questions Specifically it highlights the benefit structure asset-liability matching taxes, expenses and administration consumer protection, including the company's obligations, at time of sale and marketing, sales compensation and replacement questions.

Description: This meeting session occurred at the SOA's 1980 June Meeting. The topic was a Federal Trade Commission Report issued on insurance copmany practices with regards to life insurance. This report identified four areas of concern regarding consumer value and recommended changes.

Description: This meeting session was presented at the SOA's 1980 Spring Meeting in Minneapolis. It discusses a report of the Federal Trade Commission issued in 1979 related to insurance company practices and business with regards to life insurance. The report lists four consumer problems: low return on savings element, loss of money due to early lapse, high variation in costs of policies among companies suggesting inadequate price competition, ordinary insurance is expensive relative to death protection provided. The report also provided recommendations to correct these issues.

Description: This 1978 session focused on individual life product development. Topics included: 1. Policy loan rate considerations 2. Federal Income Tax considerations 3. Inflation recognition 4. Determining interest rate for nonforfeiture values and reserves 5. Reserve valuation method impact 6. Innovation in asset share techniques 7. State approvals and disapprovals 8. Disclosure 9. New products - Term insurance plus deposit funds, Contingent Life, Joint Life, Pension Trust, etc.

Description: This presentation, session number 64PD, took place at the 2000 Annual Meeting of the Society of Actuaries, held October 15-18 in Chicago. The panelists discuss the Society of Actuaries Life Experience Committee’s activities for the year 2000, and the retrospective analysis of X-factors and the role of reinsurers. Discussion from participants is included. From the Record of the Society of Actuaries, Volume 26, No. 3.

Description: This 1979 session is about current developments in Life products. Products discussed: 1. Adjustable life 2. Universal life 3. Indexed coverages 4. Term Insurance plus accumulation fund 5. Level Premium Term to 100 6. Revertible Term

Description: This session reviewed the distinctions and blurring of those distinctions between group and individual life insurance. Topics include differences in underwriting, legal constraints, marketing and distribution, and the nature of guarantees provided

Description: Part 2 of a discussion of the Chinese life insurance market with an emphasis on regulatory, investment, tax, and professional development issues.

Description: 1994 SOA Spring Meeting, San Francisco. This session was about issues relating to term insurance including product design, pricing, compensation, and reserving issues.

Description: 1999 SOA Regional Meeting, Atlanta. In this session on next-generation UL, the panelists explored 1999 product development issues relating to the general account/non-equity-indexed universal life product.