Description: The article discusses the impact of changes made to Internal Revenue Code Section 7702 by the ConsolidatedAppropriations Act, 2021. The Consolidated Appropriations Act made changes to the interest rates used calculatethe Section 7702 premium and cash value funding limitations for life insurance contracts

Description: The objective of this paper is to demonstrate that the long-term trends in the rate of company expansion affect policyholder costs and estimate the amount of the impact. Followed by several discussion papers submitted

Description: This session reviewed the distinctions and blurring of those distinctions between group and individual life insurance. Topics include differences in underwriting, legal constraints, marketing and distribution, and the nature of guarantees provided

Description: 1992 SOA Annual Meeting, Washington, D.C. This session on repricing the in-force book of business addressed ASB requirements, data gathering, assumption setting, modeling considerations, coordination with financial areas, par versus interest-sensitive products, and communicating results to management.

Description: This session from the 1983 SOA Hollywood, Florida Meeting discusses the Norris case, the Fair Insurance Practices Act and HR100, known as the Non-Discrimination in Insurance Act and the implications of these current developments regarding risk classification in the insurance industry and pension plans. From Record of the Society Vol. 9, No. 4

Description: The Actuary Vol. 22 , No. 7. This articles explores the dangers posed by many guaranteed-return life insurance and annuity products.

Description: This 1978 session focused on individual life product development. Topics included: 1. Policy loan rate considerations 2. Federal Income Tax considerations 3. Inflation recognition 4. Determining interest rate for nonforfeiture values and reserves 5. Reserve valuation method impact 6. Innovation in asset share techniques 7. State approvals and disapprovals 8. Disclosure 9. New products - Term insurance plus deposit funds, Contingent Life, Joint Life, Pension Trust, etc.

Description: This 1979 session is about current developments in Life products. Products discussed: 1. Adjustable life 2. Universal life 3. Indexed coverages 4. Term Insurance plus accumulation fund 5. Level Premium Term to 100 6. Revertible Term

Description: This meeting session was presented at the SOA's 1980 Spring Meeting in Minneapolis. It discusses a report of the Federal Trade Commission issued in 1979 related to insurance company practices and business with regards to life insurance. The report lists four consumer problems: low return on savings element, loss of money due to early lapse, high variation in costs of policies among companies suggesting inadequate price competition, ordinary insurance is expensive relative to death protection provided. The report also provided recommendations to correct these issues.

Description: 1999 SOA Regional Meeting, Atlanta. In this session on next-generation UL, the panelists explored 1999 product development issues relating to the general account/non-equity-indexed universal life product.