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  • Understanding VM-20 Results
    modeling error and changing the structural form of a dynamic lapse formula are further examples of methodology ... NGE modeling is the formula used to represent dynamic policyholder behavior. In the model, there is ...

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    • Authors: Karen Rudolph, Seng Siang Goh, William Hines, Michael Y Nam, William Sayre, David Wang, Tung Tran
    • Date: Aug 2017
    • Competency: External Forces & Industry Knowledge
    • Topics: Life Insurance
  • Impact of VM20 on Life Insurance Product Development-Phase 2
    Impact of VM20 on Life Insurance Product Development-Phase 2 This research report is ... target age of 110 in Phase 1. The example includes dynamic logic to set lapses to zero once the product becomes ...

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    • Authors: Paul Fedchak, Jacqueline M Keating, Karen Rudolph, Uri Sobel, Andrew Steenman
    • Date: Jul 2017
    • Competency: Technical Skills & Analytical Problem Solving
    • Topics: Life Insurance