Description: This meeting session covered proposed amendments to valuation and nonforfeiture laws, which included a new mortality table and the dynamic interest rate concept, the NAIC's activities around profitability and early warning tests, A&H rate filing guidelines, and SEC activity around annuities..

Description: This session from the 1983 SOA Vancouver Meeting is a discussion looking at trends in annuity product design, disintermediation and intermediation - C-3 risk, structured settlements, marketing and agents' compensation, and investment strategies. From Record of Society of Actuaries, Vol. 9, No. 3.

Description: This session from the 1994 Valuation Actuary Symposium covers life and annuity valuation issues including an update on the Separate Accounts Technical Resource Group, Regulation XXX, a comparison of the unitary reserve method with the segmented reserve method, New York Regulation 147 and an update on the Annuity Nonforfeiture Technical Resource Group.

Description: This session from the 1983 SOA Vancouver Meeting discusses current regulatory topics affecting life insurance and annuity product development including smoker/non-smoker mortality tables, unisex legislation being considered and life insurance without guaranteed cash values. From Record of Society of Actuaries Vol. 9, No. 3

Description: This document summarizes the meeting of the Individual Life Insurance and Annuity Product Design Section that occurred at the October 1982 Society of Actuaries Annual Meeting in Washington D.C. The meeting of this section consisted of a report to members, role and purpose of the section, and an open discussion.

Description: The Society's Task Force to Study Risk of Loss from Changes in the Interest Rate Environment C-3 Risk Task Force was formed in March 1981 with the charge to quantify C-3 risk. The Task Force made a preliminary report as part of a panel discussion on C-3 risk at the Society's October 1981 meeting in Atlanta. This presentation provides an update on the progress to date and its future plans.

Description: Legal and financial experts discuss: [1] how far can an actuary go in giving investment advice before he or she is considered to be an investment advisor, [2] what is the minimum investment advice an actuary must give lest he or she be considered irresponsible, and [3] case studies. From the 1988 Record of Society of Actuaries, Vol. 14, No. 4B.

Description: This 1979 session focused on the future of individual deferred annuities. Topics included: 1. Regulatory and Tax Problems a. S.E.C. exemptive provisions b. Tax questions c. Standard Nonforfeiture Law for Individual Deferred Annuities 2. Prospects for Profitability a. Disintermediation b. Improving the prospects for profits 3. Portfolio Method of Crediting Interest vs. Investment Year Method 4. Marketing 5. Product Design a. Different product features b. Lapse experience c. Recent innovations

Description: Discussion of the diversification activities of a number of life insurance companies. This includes the formation of, or acquisition of, property and casualty insurers, variable annuity companies, mutual fund management companies, banks, finance companies, leasing companies, real estate development companies, televisions and radio stations, newspapers, software consultants and other corporate enterprises. Discussion includes: 1. Activities really compatible with the llfe insurance product. 2. Activities otherwise compatible with corporate objectives or offering potentially large profit centers. 3. Activities which can be an excessive drain on corporate earnings and executive manpower 4. The actuary's role in these diversification activities. Then the discussion goes into a discussion of corporate planning models

Description: This 1978 discussion focused on individual annuities especially non-qualified single premium and flexible premium annuities. Areas covered include marketing problems, product design, reasons for popularity, tax characteristics, SEC investigation and NAIC Model Reg.