Description: This paper argues that living longer with dignity is what is desirable and also that this should be an objective in designing specific social support systems for the elderly. The paper identifies and discusses certain areas where dignity is lacking or where the likelihood of living with dignity could be enhanced.

Description: This paper argues that living longer with dignity is what is desirable and also that this should be an objective in designing specific social support systems for the elderly. The paper identifies and discusses certain areas where dignity is lacking or where the likelihood of living with dignity could be enhanced.

Description: This article summarizes a recent session at an SOA meeting that presented tips on improving and speeding the product filing process.

Description: The president of the SOA speaks about creating an actuarial 'brand'.

Description: This report, part of the Society of Actuaries [SOA] ‘Experience Studies – Business Practice Surveys,’ presents the results of the survey on Life Settlements, prepared by the SOA Committee on Life Insurance Mortality and Underwriting Surveys Life Settlements Survey Subcommittee. The responses from two separate surveys, one to direct writers and the other to reinsurers, have been combined into this single report. Survey question topics include company characteristics, market participation, market management, and consequences to the Industry.

Description: This report presents the results of a study of individual life insurance lapse experience in the United States conducted jointly by LIMRA International and the Society of Actuaries. The study presents lapse experience for whole life, term life, universal life, and variable universal life plans traced through 2002.

Description: Full version of Taxing Times, May 2005, Volume 1, Issue No. 1.

Description: On May 24, 2005, the Treasury Department and Internal Revenue Service published a notice of proposed rulemaking the “Notice” proposing regulations under Internal Revenue Code §7702, the federal tax definition of a “life insurance contract.” Discussion of determining 'attained age' for joint or multiple life policies.

Description: This article reviews the definition of “cash surrender value” in section 7702f2A and in the regulations proposed under that provision but never finalized. The discussion then recaps the 2005 Rulings and describes the recently issued letter rulings.

Description: A discussion of the proposed safe harbor with respect to calculations for contracts where the insured reaches age 100.