The Truth About Preferred Risk Product Designfor pricing and designing insurance products for direct products. He’s been with ING Reinsurance since ... career in 1975 and his first 10 years were spent at direct writing life companies and the last 16 years in ...
Description: Presented at May 2002 Spring Meeting. This session addresses the important elements in designing preferred risk products. Theoretical and pragmatic approaches to establishing a sound policy for setting underwriting requirements and mortality assumptions are discussed, including the real mathematics of preferred risk classification, distribution of risk profiles by age and the key elements of age-specific underwriting.Hide
- Authors: Application Administrator, Steven Andrews, Douglas A Ingle
- Date: May 2002
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Underwriting - Life Insurance