Description: This article summarizes the findings of the 2020/2021 Milliman UL/IUL/VUL survey. The survey covers a range of specific product and actuarial issues and the results provide a good tool for benchmarking

Description: Read the June 2017 issue of The Financial Reporter published by the Financial Reporting Section.

Description: Key findings from Milliman's 2019/2020 UL/IUL survey. Provides benchmarking for UL/IUL competitors relative to trends in the industry.

Description: The current life insurance development with a focus on the latest regulation change from actuarial perspective and its possible impact to the Vietnam industry.

Description: This paper uses a mortality surge model to estimate the total financial impact on the U.S. insurance industry of a flu pandemic. It does not attempt to determine the probability of such a pandemic.

Description: The author proposes the concept of a risk-free equivalent rate of return on shareholders' equity, or ‘REROSHE,’ as a means of helping business managers make decisions involving risk. The author defines REROSHE as ‘that certain return on an investment of u that will generate the same expected value of utility as will earnings on a line of business supported by surplus u.’ Includes discussion and author’s review of discussion. From Transactions of Society of Actuaries 1983 Volume 35.

Description: This article demonstrates and explains the differences between the current Canadian and U.S. capital regimes on life insurance companies. The concept and framework of regulatory capital is first introduced and Canadian regulation capital requirements—minimum continuing capital and surplus requirements (MCCSR) and U.S. regulation capital-risk based capital (RBC)—is explained and compared.

Description: The author explores recent challenges for the fast-growing life insurance market in China and suggests possible strategies to help the industry rebound.

Description: This article presents the results of the survey interviews, examining best practices as well as those areas that still remain challenging.

Description: This article discusses the global capital standards for Global Systemically Important Insurers (G-SIIs) and Internationally Active Insurance Groups (IAIGs) currently being developed by the International Association of Insurance Supervisors (IAIS).