Description: This is a research report that highlights the characteristics of combination plans that serve to reduce the risks to insurers issuing life or annuity products linked to long-term care insurance. Observations are provided to assist in the understanding of the factors that explain the profit change sensitivity results and the natural hedging against major risks that inherently is present within the linked products.

Description: This paper describes a concept product, advanced-life delayed annuity ALDA, which would be acquired at a young age small premiums would be paid over a ling period of time but the ALDA would only begin paying an inflation-adjusted life-contingent income at the advanced age of 80, 85, or even 90.

Description: Many of the innovations and methods required to improve retirement security exist, but have not been pulled together into an integrated solution at scale.

Description: These discussions at the 1967 New York and New Orleans Regional Meetings covered topics related to individual life and health insurance including health topics, individual life underwriting, reinsurance, individual policy pension fund expenses, tax sheltered annuities, and market testing products.

Description: The article analyzes Private Letter Ruling 202031008, which considers how Internal Revenue Code sections 72(q) and (u) apply to an annuity contract issued to a trust. In particular, the Ruling interprets the terms “taxpayer,” “holder” and “held by” in those Code sections in situations where a non-qualified deferred annuity contract is issued to a grantor trust or a non-grantor trust. The Ruling’s analysis and conclusions differ in some respects depending on which of these types of trusts is involved. In addition, although the Ruling does not address sections 72(s) or 72(e)(4)(C), the Ruling has potential implications under those provisions because they also use the term “holder” and “holds,” respectively.

Description: This discussion note for many sessions at the 1980 Spring Meeting defines the theme of the meeting and sets the objectives under three scenarios. Objectives: 1. Recognize and reflect the basic concepts of futurism. 2. Identify the general direction of individual life and annuity business. 3. Paint a picture of what our business will look like by the end of the decade. Scenarios: 1. High inflation scenario 2. Incentive and investment scenario 3. Social democracy scenario

Description: This paper suggests a possible framework for the mandatory annuitization of U.S. retirement savings, considers the experience of other countries and analyzes the advantages and disadvantages of mandatory annuitization.

Description: This literature guide provides a basic grounding in policyholder dividends and other nonguaranteed elements in individual life insurance and annuities in Canada and the U.S. Participating insurance is most often offered by mutuals in the U.S. and by both mutual and stock companies in Canada.

Description: This session from the 1983 SOA Hollywood, Florida Meeting reviews different strategies for the non-tax-qualified annuity market including marketing strategies, investment and investment alternative strategies and product design and cost considerations.

Description: Presented at June 1985 Spring Meeting. Discusses statutory and GAAP accounting alternatives for Universal Life, Variable Products, Flexible Premium Annuity and Single Premium Deferred Annuity.