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The Modeling Platform
into the map. Manual items often require special care and con- sideration in effective model management ... and other indirect experience items as well as direct application of profes- sional judgment to assumptions ...- Authors: Society of Actuaries
- Date: Apr 2016
- Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: The Modeling Platform
- Topics: Actuarial Profession>Best practices; Actuarial Profession>Competencies; Enterprise Risk Management>Governance; Enterprise Risk Management>Operational risks; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life; Modeling & Statistical Methods>Deterministic models; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Stochastic models; Technology & Applications>Software
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Universal Life
Great Southern Life, here in Houston, have made primary comitments to universal life insurance. These ... a universal life product. This decision was the direct result of continuing inflation, growing consumerism ...- Authors: Robert L Collett, Gary P Monnin, James N Parrish
- Date: Apr 1982
- Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Universal life; Public Policy
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Universal Life Valuation and Nonforfeiture: A Generalized Model
model laws. Our only goal is to demonstrate that direct interpretation and application of existing laws ... l imits on plan design; a) We conclude as a direct result of the discussion above that insurers must ...- Authors: Robert J Callahan, Shane A Chalke, Michael F Davlin, Jeffery Dukes, Thomas G Kabele, Lawrence Silkes, Steven Sommer
- Date: Oct 1983
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Universal life
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Universal Life Update
design is used. Others suggest that commissions to direct agents and PPGA's will move to higher levels. ... issue age, plan type or amount of insurance. When direct charges for such commissions are made, we must ...- Authors: Wayne D Bidelman, Andrew Bodine, Allen D Booth, Thomas F Eason, Robert W Buechner
- Date: May 1982
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Strategic Insight and Integration; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Universal life
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A Practical Approach to an Enhanced Premium Persistency Assumption
The assumption uses premium paid to-date as the primary in- dicator for the future premium behavior. Actual ... bucket, a particular policy falls into. Three primary funding buckets were defined to categorize the ...- Authors: Nick Komissarov, Ying Zhao
- Date: Apr 2016
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: The Modeling Platform
- Topics: Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Universal life; Modeling & Statistical Methods>Deterministic models
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The Actuary Vol. 21, No. 8 An Answer To The Loan Dilemma
The Actuary Vol. 21, No. 8 An Answer To The Loan Dilemma This article discusses the impact on ... deal. For a typical participating policy with direct recognition, the spread between the loan interest ...- Authors: John W Keller
- Date: Oct 1987
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Actuary Magazine
- Topics: Life Insurance>Universal life; Life Insurance>Whole life; Public Policy
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Ultimate Life: What Individual Life Insurance Should Be and Could Be
Individual Life Insurance and Annuity Plans The three Primary Premiums/Components of individual life insurance ... Values and Savings Premiums/Savings Values. These Primary Premiums/Components blended one or two at a time ...- Authors: Robert E Reuter
- Date: Jul 2007
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
- Topics: Life Insurance>Universal life; Life Insurance>Marketing and distribution - Life Insurance
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The Actuary VOL. 15, No. 7 Our Products Do Meet People's Needs
The Actuary VOL. 15, No. 7 Our Products Do Meet People's Needs In this article, ... Service’s general feelings, a private letter ruling is direct- ed only to the taxpayer requesting it, and may ...- Authors: Ian M Rolland
- Date: Sep 1981
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: The Actuary Magazine
- Topics: Life Insurance>Universal life
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Universal Life
may be linked into the contract along with the primary insured. Another type of rider that is being used ... values, the reserves, and the commissions are the primary numbers although there are a couple of others that ...- Authors: William G Harman, Ben H Mitchell, Leonard E Odell, Samuel H Turner
- Date: Oct 1981
- Competency: External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Universal life; Public Policy