Description: Panelists, along with significant audience participation, discuss the proposed changes in tax law for life insurance [which became Section 7702A], company reactions [especially regarding in-force-dividend policy] to the dropping new-money yield rates available, the nascent long-term-care-insurance [LTCI] and accelerated death benefit [ADB] coverages, group universal life products [GULPs], leveraged corporate-owned life insurance [COLI], and the impact of the recent stock-market dip on variable universal life [VUL] sales. From the 1988 Record of Society of Actuaries, Vol. 14, No. 2.

Description: The following topics were discussed at concurrent sessions: 1. Pension benefit security bill, 2. Variable insurance products, 3. Trends in hospital and medical care utilization, 4. Insurance distribution and marketing systems, 5. Deferred and incentive compensation, 6. Annual Statement accounting, 7. Social Security and employee benefits in western Europe, 8. Individual medical expense insurance, 9. Reserves and related problems for variable annuities and cost-of-living benefits, 10. Topics for consulting actuaries, 11. Profit and other objectives in group operations, and 12. Life insurance operations overseas- problems and opportunities. From Transactions of Society of Actuaries, 1969 Vol. 21 Pt. 1 No. 61.

Description: This session from the 1983 SOA Vancouver Meeting covers the changes that are being made to traditional dividend distribution techniques - specifically new money and variable interest rates on policy loans, how unusual changes in dividend experience are reflected in surplus distribution and update programs. From Record of Society Of Actuaries Vol. 9. No. 3

Description: This discussion at the 1968 Annual Meeting covers various individual life and health insurance topics including new health benefits, health underwriting, life insurance guaranteed insurability, conditional receipts and term insurance.

Description: This is a panel discussion session on dividends and non-guaranteed elements in individual life insurance and annuities.

Description: This session discussion is about the insurance industry is unique in the form of the financial instrument offered to consumers. Products earn long-term interest rates yet generally guarantee cash out without loss of principal. From Record of the Society of Actuaries Vol. 15, No. 3A.

Description: This session from the 1995 SOA New York City Meeting presents viewpoints from actuaries, marketers and regulators on proposed regulation of policy illustration and nonforfeiture requirements. The forum examines the proposed Actuarial Standards Board ASB Standard for Sales Illustrations. From the Record of the Society of Actuaries, Vol. 21, No. 2.

Description: Discusses status of compliance with NAIC Annual Statement Blank requirement, survey of regulatory responses to interrogations, comments of the American Academy of Actuaries Task Force on first year results, and use of non-guaranteed elements in sales presentations. From the 1988 Record of Society of Actuaries, Vol. 14, No. 3.

Description: The panel discussed conservation strategies for permanent and term insurance. Topics included: 1.Impact on in-force business from new products e.g., continuous reduction in ART rails, non-smoker discounts, universal life: increased policy loans?, replacements?, lapses?, surrenders and _exchanges? 2. Responses from companies: e.g. extension of new cost methods to existing policyholders?, Field compensation when replacing existing business?, internal conservation functions?, update programs policyholder/agent communication strategies? applicability of new products to in-force policyholders. 3. Interest groups which must be considered and differences between stock vs. mutual companies? e.g. Policyholder, agent/broker, management, stockholders, prospective policyholder, legal/regulatory forces IRS, SEC, state insurance departments. 4. Appropriate financial considerations and anticipated results? Is stonewalling a viable alternative? GAAP effects statutory effects use of reinsurance field force compensation/survival, anticipated future mortality results, Federal Income Taxes.

Description: This session discussion is about the revisions to the standard nonforfeiture methodology as proposed by the Society of Actuaries' task force on nonforfeiture values. Items to be discussed include retrospective versus prospective methodology, no-cash-value whole life, rate regulation issues, and market value adjustments. From Record of the Society of Actuaries Vol. 15, No. 2.