Description: This article describes services of a reinsurance intermediary and the use of reinsurance to meet financial objectives.

Description: Key excerpts from research recently performed by Milliman consultants for the SOA on the impact of VM-20 on life insurance product development.

Description: Ways of closing the mortality protection gap, by leveraging some of the new technology, data and analytics to reduce the friction in the buying process.

Description: The article illustrates a method to price a term life policy to properly reflect the post conversion experience. The article also suggested a reserving method.

Description: Read the February 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.

Description: Provide high level summary of changes to Valuation Rates for Payout Annuities and similar contracts.

Description: A summary of the recent UL/IUL survey conducted by Milliman.

Description: The article (Part 1) describes the potential problems when policyholders take income streams from IUL, demonstrated by historical data.

Description: The Product Development Section has recently sponsored research on waiver of premium and waiver of charges riders. Waiver riders are commonly offered as optional benefits or included automatically on individual life insurance policies as an integrated benefit. In the event of disability, a waiver rider may waive future life insurance premium due or contribute an amount to a flexible account, such as the average premium paid over the past year or the cost of insurance charges. Despite the prevalence of these riders, the current valuation standard is still the 1952 Society of Actuaries (SOA) Disability Table.

Description: Feature article discussing management techniques of in-force business.