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  • Indexed Universal Life Snapshot
    growth is mea- sured. The most popular index is the S&P 500 price index. Floor The minimum index growth ... still remember how much value they lost in the 2000 and 2008 market downturns. The downside protection ...

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    • Authors: Seth Detert
    • Date: Aug 2017
    • Competency: Professional Values>Practice expertise; Strategic Insight and Integration>Strategy development
    • Publication Name: Risks & Rewards
    • Topics: Actuarial Profession>Professional associations; Life Insurance>Universal life; Life Insurance>Marketing and distribution - Life Insurance
  • Expected Returns on Indexed Credits
    price return of an equity index (most often the S&P500), subject to a 0 percent floor, and a cap C ... insurer be- forehand. Written out mathematically, if S(t) is the equity price index, at time t, then the ...

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    • Authors: Gary Hatfield
    • Date: Aug 2017
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Risks & Rewards
    • Topics: Actuarial Profession>Professional associations; Finance & Investments>Derivatives; Life Insurance>Universal life; Life Insurance>Marketing and distribution - Life Insurance