Description: This article addresses the issues of short-term volatility, the non-equivalency of traders and, how product development is being impacted by market consistency.

Description: This article discusses the author’s reactions to the Living To 100 Symposium. He summarizes several sessions and concludes by saying his main takeaway from the symposium is that the debate continues as to whether there is a significant chance of finding a way, over the near- or medium-term, to slow the aging process.

Description: Letter to the editor from a reader regarding a previous article titled, “Is This Correction Good For Life Insurance,” with a response from the author of the article.

Description: Product Development Section Chairperson’s commentary regarding their 3-year term on the council that is now ending.

Description: Introduction to longevity insurance, including product design and a market overview

Description: Farewell memo from outgoing section chairperson to section members.

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: This article provides guidance on when experience rated designs are more suitable for COLI/BOLI programs than other designs. The article includes strategies to minimizing excessive mortality-related costs within these programs.

Description: This article delves into the transformative realm of Business Intelligence (BI) tools. We explore the fundamental functionality and structure of these tools, and through case studies illustrate how they offer valuable insights into carrier experience and underwriting dynamics. From real-time data visualization to in-depth data analysis, discover the essential features that empower businesses to make better informed decisions.