Description: Discussion of the Society of Actuaries Report on Mortality Improvement Survey from March 2003 survey from the summer of 2000

Description: This article is an extract from a revision to the Universal Life Study Note. From Product Development Section Monograph, M-AS99-3.

Description: Full version of Product Development News, March 1998, Issue No. 45.

Description: The most popular term product, guaranteed level premium term typically, with level premiums for 10, 20 or 30-years has basic reserves under 1980 CSO that are significantly larger than needed. The 2001 CSO may provide substantial relief from these excess reserves. This article discusses how much impact on profits this relief may provide.

Description: Tillinghast conducted a survey of mortality tables that life insurance companies used for pricing life products in 2001. One objective was to determine the underlying table being used, and the prospects of the 2001 CSO-related tables becoming a new basis for mortality measurement. This article summarizes some of the results.

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: A discussion of efforts to revise the Standard Nonforfeiture Law.

Description: This article warns product actuaries about arbitrage schemes using charities that might adversely affect mortality experience.

Description: The NAIC is expected to adopt the model regulation for the 2001 CSO table in late 2002. The question then becomes: how quickly will states adopt the table? In the absence of a push by the insurance industry, there is a chance that there may not be 26 state adoptions in 2003.

Description: Summarizes, in tabular form, mortality improvement rates referring to recently released report from CDC based on 2003 death rates.