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  • PBITT VA Guaranteed Benefits 2016 Survey Results
    policy size (Figure 11, Figure 13, Figure 15, Figure 17, and Figure 19). Lapse Assumptions for a Newly ... categories in contrast to 2015 when only 4 of 23 (17%) did. Figure 1 Tail Scenario As in past ...

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    • Authors: Jeffrey Hartman
    • Date: Oct 2016
    • Competency: External Forces & Industry Knowledge
    • Topics: Annuities>Policyholder behavior - Annuities
  • Summary of Risk Management Research on Policyholder Behavior in the Tail Survey
    3.0% 4.0% 5.0% 6.0% 7.0% 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 Projection Year ... 120% 140% 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Cu m ul ati ve Re tu rn Projection ...

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    • Authors: Jeffrey Hartman
    • Date: Jun 2019
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Risk Management
    • Topics: Annuities; Enterprise Risk Management>Capital management - ERM; Enterprise Risk Management>Risk measurement - ERM
  • 2017 Universal Life with Secondary Guarantees Survey
    scenarios used are summarized in Figure 6 through Figure 17. Lapse Assumptions  Lapse rates in the tail ... stochastic) 2012 (24 responses) 2013 (23 responses) 2014 (17 responses) 2015 (18 responses) 2017 (21 responses) ...

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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
  • 2018 Variable Annuity Guaranteed Benefits Survey
    2018 Variable Annuity Guaranteed Benefits Survey Results of the PBITT Working Group annual Variable ... 2016 2017 2018 Number of Responses 17 25 18 13 ... 2015 2016 2017 2018 Number of Responses 17 25 18 14 ...

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    • Authors: Jeffrey Hartman
    • Date: Jan 2019
    • Competency: External Forces & Industry Knowledge
    • Topics: Annuities>Policyholder behavior - Annuities
  • Policyholder Behavior in the Tail Risk Management Section Working Group UL with Secondary Guarantee 2015 Survey Results
    scenarios used are summarized in Figure 6 through Figure 17. Lapse Assumptions  Lapse rates in the tail ... cited 2008 VBT as their reference table, up from 17% in 2013’s survey. On the other hand, only 11% ...

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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
  • 2018 Universal Life with Secondary Guarantees Survey: Survey of Assumptions for Policyholder in the Tail
    scenarios used are summarized in Figure 6 through Figure 17. Lapse Assumptions • Lapse rates in the tail ... deterministic and stochastic) 2013 (23 responses) 2014 (17 responses) 2015 (18 responses) 2017 (21 responses) ...

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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