Description: Many companies are facing challenges with their inforce UL business. These “distressed” or non-core blocks of business can be a drag on earnings, return on capital, and/or internal resources. With the pressures of today's marketplace, companies are seeking efficient strategies for managing these blocks. The good news is that strategies exist such that inforce UL business can be optimized with some attention. Learn about some options and levers companies have available to help manage these blocks.

Description: The article summarizes results of a Milliman survey per the title. These products comprise about 40% of the total individual life market, and the survey covers a range of topics on these plans, which should be of interest to a large portion of the life industry.

Description: French version of article

Description: This article offers ways to make use of Excel more efficient, by applying software development and design principles

Description: This article focuses on the market risk benefit (MRB) measurement model and will examine a generic guaranteed minimum death benefit (GMDB) in the context of LDTI and its impact from both the ceding entity and the reinsurer standpoints.

Description: A special issue of the Annals of Actuarial Science, focusing on insurance data science, was published on July 1. As explained by the editors—Katrien Antonio (KU Leuven), Christophe Dutang (Université Paris Dauphine), and Andreas Tsanakas (City, University of London)—the theme of this issue grew out of the rapid and transformative developments in the field, with the increased use of computational statistics, machine learning and artificial intelligence models in insurance applications. While the special issue has been associated with the Second Insurance Data Science Conference, held in June 2019 at ETH Zurich, the published papers come from a wider and very distinguished pool of authors.

Description: InsurTech has been expanding rapidly in the life space over the past few years. However, far from being just a recent buzzword, it has a long history rooted in FinTech.

Description: Best practices for a successful model conversion or transformation. It details the key stakeholders involved and the processes and tasks across various stages of the model conversion.

Description: Persuasion is as much about heart as facts and figures. Find out what you can do to develop your powers of persuasion.

Description: Article describes the language changes between AG 49 and AG 49-A.