Description: Product Development Section’s election results, and bio's of new members.

Description: Chairperson’s column discussing the current challenges of life insurance product development in the present times.

Description: Part 2 of the article continues providing data on why IUL income streams need to be managed and suggests techniques that insurance companies could provide to policyholders and advisors to do so. The author also offers his research data free of charge to any actuary who contacts him to request it.

Description: Read the October 2019 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: This article highlights emerging accelerated underwriting (AUW) monitoring trends and best practices that carriers can implement for monitoring their own AUW programs. It includes high-level mortality slippage findings based on a reinsured study population comprised of both pre- and post-issue auditing methods (random holdouts and post-issue audits) conducted on over 33,000 AUW applicants over the past decade.

Description: Understanding the volatility associated with audit samples, as well as breaking out the different contributors to estimated mortality impact are vital tools in helping actuaries and underwriters make informed decisions about less invasive underwriting programs. This article walks through a sample example demonstrating how to calculate these metrics.

Description: This article discusses the proper slope of mortality tables, especially at the high attained ages.

Description: Product concepts that are born in one country often find their way to the other. This article discusses which products are the hot products in the United States and Canada, and what we can expect for future sales for these products.

Description: A high-level overview of the recent release of the update to the illustration practice notes, or IPNs.

Description: Chairperson’s column likening product development to campaigning.