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  • Premium Persistency Study of Flexible Premium Universal Life Products Report
    (GAAP)/International Financial Reporting Standards (IFRS) purposes. A survey was conducted of FPUL companies ... assumptions used for cash flow testing and GAAP/IFRS purposes were also requested and reported. There ...

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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
  • Quo Vadis Reinsurance
    reinsured. The influence of new solvency regimes and IFRS 17 on the rein- surance industry is still not fully ... last 35 years, explorations of topics such as IFRS 17, a Q&A that continues our series of interviews ...

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    • Authors: Dirk Nieder
    • Date: Jan 2020
    • Competency: Communication; External Forces & Industry Knowledge; Leadership; Professional Values; Relationship Management; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
    • Publication Name: Reinsurance News
    • Topics: Life Insurance; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Term life; Life Insurance>Underwriting - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Marketing and distribution - Life Insurance; Life Insurance>Claims - Life Insurance; Life Insurance>Whole life; Reinsurance; Reinsurance>Financial reinsurance; Reinsurance>Financial reporting for reinsurance; Reinsurance>Life reinsurance; Reinsurance>Marketing and distribution - Reinsurance; Reinsurance>Pricing - Reinsurance; Life Insurance>Guaranteed issue
  • Policyholder Behavior in the Tail Risk Management section Working Group UL with Secondary Guarantee 2013 Survey Results
    rates reported.  2013 saw significant growth, 9 of 17 (53%) in 2013 compared to 5 of 15 (33%) in 2012, ... responses). 2008 VBT table usage increased from 12% to 17% (Figure 30). In addition, 3 of the 6 respondents ...

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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
  • 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
  • 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
  • Policyholder Behavior in the Tail Risk Management section Working Group UL with Secondary Guarantee 2012 Survey Results Report
    return was felt to be a critical assumption by 17 of the respondents (Figure 41). • Ten of the 25 ... slightly lower for the highest issue ages (70+) (Figure 17 and Figure 19). • Median lapse rates at age 40-49 ...

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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
  • Re-Act: 2020 Canadian Reinsurance Conference (CRC)
    Re-Act: 2020 Canadian Reinsurance Conference (CRC) Description and welcome to the 2020 Canadian Reinsurance ... CMG Marketing NOVEMBER 2019 REINSURANCE NEWS | 17 He has previously spoken at other life insurance ...

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    • Authors: Amhlaoibh Lynch
    • Date: Jan 2020
    • Competency: Communication; External Forces & Industry Knowledge; Leadership; Professional Values; Relationship Management; Results-Oriented Solutions; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving
    • Publication Name: Reinsurance News
    • Topics: Life Insurance; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Term life; Life Insurance>Underwriting - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Marketing and distribution - Life Insurance; Life Insurance>Claims - Life Insurance; Life Insurance>Whole life; Reinsurance; Reinsurance>Financial reinsurance; Reinsurance>Financial reporting for reinsurance; Reinsurance>Life reinsurance; Reinsurance>Marketing and distribution - Reinsurance; Reinsurance>Pricing - Reinsurance; Reinsurance>Product development - Reinsurance; Life Insurance>Accelerated underwriting; Life Insurance>Guaranteed issue; Life Insurance>Simplified issue
  • A Practical Approach to an Enhanced Premium Persistency Assumption
    A Practical Approach to an Enhanced Premium Persistency Assumption The authors explore a new approach ... Policy Movement APRIL 2016 THE MODELING PLATFORM | 17 ALTERNATIVES TO KEY PARAMETERS Upon review of ...

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    • Authors: Nick Komissarov, Ying Zhao
    • Date: Apr 2016
    • Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: The Modeling Platform
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life; Modeling & Statistical Methods>Deterministic models
  • Why IUL Income Streams Need to be Managed - Part 1
    Why IUL Income Streams Need to be Managed - Part 1 The article (Part 1) describes the potential ... historical S&P returns Persist to A100 67% 20% 72% 17% 45% 9% Lapse by Age 100 33% 80% 28% 83% 55% 91% ...

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    • Authors: Ben Wolzenski, John McSwaney
    • Date: Oct 2018
    • Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Product Matters!
    • Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life