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  • Sales Illustrations-We Can't Life with Them, But We Can't Live Without Them!
    even similar policies in different companies. The primary reason is that the assumptions that underlie the ... traditionalparticipatingwhole life. In these policies,the direct effect of any singlenonguaranteedelement cannot ...

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    • Authors: Application Administrator, Bruce Booker, Judy Faucett, Robert M Nelson
    • Date: May 1993
    • Competency: External Forces & Industry Knowledge; Professional Values
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities; Life Insurance; Public Policy
  • Update on Life Insurance Illustrations
    assumptions that are covered are the definition of direct and indirect expenses, allocating overhead, inflation ... interest in living benefit riders, i.e., long-term-care riders, critical illness riders and the kinds of ...

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    • Authors: Abraham Gootzeit, William C Koenig, Esther H Milnes, Edward Silins
    • Date: Oct 1996
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Standards of practice; Life Insurance>Marketing and distribution - Life Insurance; Public Policy
  • Implementing the Illustration Regulation: The Clock is Ticking
    monumental, and I should hasten to point out that greater care taken by the appointed illustration actuary can ... underdelivered in the product that was illustrated. The primary reason for the failure was a change in the investment ...

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    • Authors: Application Administrator, David Karo, Daniel Theodore, Robert E Wilcox
    • Date: Oct 1996
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Marketing and distribution - Annuities; Life Insurance>Marketing and distribution - Life Insurance; Public Policy
  • Forum on Dynamic Solvency
    Forum on Dynamic Solvency 1994 SOA Spring Meeting, San Francisco. This session provided ... corporation as a whole. This might be such things as: primary protections such as good product design and other ...

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    • Authors: Shane A Chalke, William James, Daniel J Kunesh, James Reiskytl, Craig Reynolds, Maria Thomson, Michael Hughes
    • Date: May 1994
    • Competency: Professional Values
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession; Financial Reporting & Accounting>Statutory accounting; Public Policy