Description: Hear from the chairperson on themes in the June 2018 issue of Product Matters published by the Product Development Section.

Description: Mandatory implementation of life principle-based reserves (PBR) is just around the corner and there is no shortage of work to do, as most products have yet to be moved to PBR. Oliver Wyman recently completed its 2019 PBR survey, with more than 40 participants covering 85 percent of the individual life market, including 23 of the top 25 life writers and five reinsurers. This article will expand on the key survey findings, including implementation trends, analysis to date and recent discussions and decisions on the treatment of non-guaranteed reinsurance.

Description: In collaboration with the Society of Actuaries Research Institute, RGA’s Behavioral Science team designed two experiments with U.S.-based participants to explore how behavioral science techniques can improve comprehension in life insurance purchasing journeys. The first experiment aimed to increase understanding of term life insurance via simulated online digital journeys. Building on the findings of the first, the second experiment investigated the effects of using both human and AI-generated videos. While the research focused on digital delivery of term life insurance, the relevance of tested techniques extends further, providing insights for improving information presentation for other insurance products and in non-digital formats.

Description: There are so many things going on in the life market that challenge and engage all parties of the insurance transaction. The presenters will cover a variety of aspects of the life market including accelerated underwriting, principle based reserves, and regulatory and product changes occurring in the life insurance market. At the conclusion of the session, attendees will be able to: - Describe how the life insurance market is being impacted by changes internal and external to companies - Describe how companies are navigating changing underwriting landscape - Explain how regulations may impact companies going forward

Description: Full issue

Description: This article provides a summary of the key findings from Milliman's 8th annual survey of lading UL carriers. The survey covers issues and challenges of UL/IUL products and allows companies to benchmark their practices against the competition.

Description: February 2016 issue of Product Matters!

Description: It is worth the effort to obtain a pricing surface. It helps make an informed decision and facilitate the pricing conversation within and outside a company.

Description: Read the March 2017 issue of Product Matters published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: Read the October 2018 issue of Product Matters published by the Product Development Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.