Description: Presented at October 1985 Annual Meeting. Discusses proposals for changing the tax law with respect to the taxation of personal income: The tax climate that led to these proposals, A description of the major proposals including the Treasury proposal pending in Congress, How these proposals will affect the design, marketing and sale of individual life and annuity products.

Description: Panelists at this session of the SOA 2003 Washington, DC Spring Meeting give an historical perspective and discuss actual and proposed changes to the Standard Nonforfeiture Law for annuities and life insurance.

Description: This article provides a short history of the correction procedures previously developed to address compliance failures and the shortcomings of those procedures under sections 101f and 7702, laying the foundation for a sea change in the correction process.

Description: This session from the 1995 SOA New Orleans Meeting reviews bank annuity product development from three perspectives: strategic alliances between insurance organizations and banks, a consultant matching banks with insurance carriers, and a reinsurer working with banks on the 'retirement CD' product. From the Record of the Society of Actuaries, Vol. 21, No. 1.

Description: 1993 SOA Annual Meeting, New York. This session is about product design and pricing of products with bonus features. Topics included: 1. The need for maximum long-term benefits. 2. Designs that maximize long-term benefits. 3. Reasons we should focus on benefits and not cash values. 4. Principles of equity behind bonus features. 5. A practical method to define equity. 6. A summary of current regulatory activity. 7. The definition of equity. 8. The need for cash values. 9. Reasons for considering maximum limits on non-guaranteed elements. 10. Disclosure of non-guaranteed elements. 11. Reserving practices.

Description: This session discussion: Product design, Risks and how to deal with them, Special features, Valuation considerations, Investment strategy, Regulatory developments.

Description: This session discussion is about annuity product developments. The market value adjusted products, non-tax deferred products, non-surrenderable annuities, qualified market developments, effect of non-aggregation rule and variable annuity developments. From Record of the Society of Actuaries Vol. 15, No. 2.

Description: 1994 SOA Meeting, San Francisco. This session discussed NAIC development of model regulation for life insurance and annuity disclosures. This session also described the approaches taken by the regulators and by industry advisory groups.

Description: From session 75CS at the Spring regional meeting of the Society of Actuaries held in Atlanta, Georgia, May 24-25, 1999, Presenters identify issues and challenges faced by the valuation actuary when performing cash-flow testing on equity-indexed and variable products.

Description: 1993 SOA Spring Meeting, Boston. This session addresed life and annuity sales illustrations. Topics included: • Current initiatives from various task forces including those of the AAA, NAIC, ACLI, NALU, and ASCLU. • Have illustrations taken on a life of their own? • What should be done about illustrations, especially by actuaries?