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Recent Change to IRC § 7702 Interest Rates and Impact on Life Insurance Products
withdrawals under the contract is similar to that of an annuity, whereby taxable gain is withdrawn before cost ... insurance rates. The maximum mortality table used in the calculation is the CSO table in effect when the policy ...- Authors: Stuart Kwassman
- Date: Feb 2021
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving
- Publication Name: Product Matters!
- Topics: Life Insurance>Pricing - Life Insurance; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Non-forfeiture benefits; Life Insurance>Whole life
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Insights in Life PBR Practices
Standards Board targeted improvements, variable annuity reform, IFRS updates). Stakeholders need to be ... moved to PBR. Further information is presented in Table 1. Although a similar number of companies implemented ...- Authors: Kevin Carr, Dylan Strother, Chris Whitney, Haley Christine Jeorgesen , Simon Gervais
- Date: Sep 2019
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Product Matters!
- Topics: Life Insurance; Life Insurance>Pricing - Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Product development - Life Insurance; Life Insurance>Universal life; Life Insurance>Whole life
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Insights Into Life PBR Emerging Practices
Practice • Seventy percent of respondents aggregate mortality experience across products, risk classes, tobacco ... guaranteed YRT rates to recoup all of the excess mortality assumed under PBR 1 2 3 4 5 6 (1, 2, 5): ...- Authors: Kevin Carr, Andrew Radel, Chris Whitney
- Date: May 2019
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Product Matters!
- Topics: Life Insurance; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Life Insurance>Term life; Life Insurance>Universal life; Life Insurance>Whole life; Reinsurance>Life reinsurance