Description: This article includes a summary of the key discoveries from a term life insurance survey conducted by Milliman, Inc. in 2021. It includes topics such as sales, profit measures, reserves, risk management, underwriting, and pricing.

Description: This article gives the highlights of the 88-page report including detailed assumptions for products including universal life with secondary guarantees (ULSG), cash accumulation universal life (CashAccum), current assumption universal life (CAUL), indexed universal life (IUL) and variable universal life (VUL). The 29 companies and 83 products represented in the report allow for an interesting perspective on premium persistency assumptions used in pricing, cash flow testing (CFT) and generally accepted accounting principles (GAAP)/international financial reporting standard (IFRS) functions. This article covers some general results and ULSG-specific results.

Description: Discussion of combination long-term care insurance and annuity products.