Description: This paper discusses some powerful uses of recursive functions, including: 1. Universal life, both for the calculation of target premiums and reserves. 2. Paid-up Rider. Recursive functions can directly determine a premium that precisely matures the rider. 3. Traditional Whole Life. Reserves can be efficiently calculated when needed instead of referring to a table of stored factors. From Actuarial Research Clearing House 1993, VOL. 3.

Description: 1992 SOA Annual Meeting, Washington, D.C. This session on individual life product update addressed Whole Life, Variable Life, VUL, and Term Life. within these products the discussion covered trends in product design, lapsation, and market trends.

Description: 1988 Valuation Actuary Symposium. The speakers in this session addressed the relative volatility of participating whole life versus universal life and the annual-premium versus single- premium basis.

Description: This is a discussion of the paper, A Present Value Approach to Profit Margins and Dividends by Harwood Rosser. From Transactions of Society of Actuaries 1951, Vol. 3, No. 7.

Description: 1988 Valuation Actuary Symposium. In this session the speaker described the modeling of the participating whole life division including the product description, modelling assumptions, operation of the model, and the results.

Description: Report examining the lapse experience over the combined three-year period. Only non-pension whole life policies having fixed or indeterminate premiums, both continuous-pay and limited-pay, are included in this report.

Description: This panel discussion is about the viability of single premium annuities and single premium life insurance. Items discusses include product design, pricing and regulatory issues with the back drop of high inflation of the times.

Description: This article discusses valuation guidelines for participating whole life policies, that should be, in the authors opinion, consistent with guidelines for other types of policies.

Description: Presents the proposed new valuation table for industrial life insurance to replace the 1941 Standard Industrial Mortality Table, with the specifics of its development. Discussions of this report are also included.

Description: This report presents the results of an experience study.