Society of Actuaries

Society of Actuaries (SOA)

1970’s

1976 – Toward Adjustable Individual Life Products, Society of Actuaries, Walter L. Chapin

1977 – DEBATE, “RESOLVED. THE LIFE INSURANCE BUSINESS, AS TRANSACTED TODAY, IS IN ITS TERMINAL STAGES, Society of Actuaries

1977 – Cost Disclosure in Individual Life Insurance – Society of Actuaries

1978 – Adjustable Life Products, SOA, Moderator: Samuel H. Turner

1978 – Adjustable Life Products, SOA, Moderator: Robert E. Hunstad

1979 – FUTURE TRENDS AND CURRENT DEVELOPMENTS IN INDIVIDUAL LIFE PRODUCTS, SOA

1979 – NONPARTICIPATING ADJUSTABLE INDIVIDUAL LIFE POLICIES. Society of Actuaries

1979 – THE ADJUSTABLE LIFE DECISIONS, Society of Actuaries

1979 – FUTURE TRENDS AND CURRENT DEVELOPMENTS IN INDIVIDUAL LIFE PRODUCTS, Society of Actuaries – 24p – rsa79v5n44

1979 – Cost Disclosure. 18p, Society of Actuaries

1980s

1980 – THE FEDERAL TRADE COMMISSION (FTC) REPORT, The Society of Actuaries

1980, Product Innovation – Response to Consumer Needs in the 1980’s, The Society of Actuaries

1980, NONFORFEITURE AND VALUATION CONCERNS IN THE 1980’S, Society of Actuaries

1981 – THE LIFE INSURANCE BUSINESS—THE VIEW OF CONSUMERISTS, Society of Actuaries

1981 – THE FUTURE OF PERMANENT LIFE INSURANCE, Society of Actuaries

1981 – Universal Life, Society of Actuaries

1981 – DETECTING POSSIBLE MANIPULATION, Society of Actuaries

1981, INDIVIDUAL LIFE INSURANCE COST DISCLOSURE ISSUES, Society of Actuaries

1982 – UNIVERSAL LIFE UPDATE, Society of Actuaries (rsa82v8n34) – 26p

1982 – UNIVERSAL LIFE- THREE DIFFERENT VIEWPOINTS: STOCK,
MUTUAL, CANADIAN, Society of Actuaries – 26p

1982 – Universal Life – Society of Actuaries – 14p

1982 – PROGRAMS TO CONSERVE TRADITIONAL LIFE INSURANCE
POLICIES – Society of Actuaries – 18p

1983 – Universal Life, Society of Actuaries – 24p- RSA83V9N212

1983 – Universal Life, Society of Actuaries – 22p – rsa83v9n32

1984 – DEREGULATION OF FINANCIAL INDUSTRIES – 30p – rsa84v10n221

1984 – NAIC UPDATE, Society of Actuaries – 24p

1985 – VARIABLE UNIVERSAL LIFE INSURANCE, Society of Actuaries – 22p

1988 – UPDATE ON UNIVERSAL LIFE RESERVES AND NON-FORFEITURE VALUES – 36p, Society of Actuaries

1988 – ACTUARIAL OPINION ON NON-GUARANTEED ELEMENTS, Society of Actuaries – 12p

1989 – Illustration Wars , Society of Actuaries

1990s

1990 – QUALITY OF LIFE INSURANCE SALES ILLUSTRATIONS, Society of Actuaries – 16p

1991 – Illustrations, Society of Actuaries

1991-1992 – FINAL REPORT* OF THE TASK FORCE FOR RESEARCH ON LIFE INSURANCE SALES ILLUSTRATIONS – 142p, Society of Actuaries

Appendix II – Illustration Examples

1992– LIFE INSURANCE SALES ILLUSTRATIONS, Society of Actuaries – 16p

1993 – SALES ILLUSTRATIONS – WE CAN’T LIVE WITH THEM, BUT WE CAN’T LIVE WITHOUT THEM!, Society of Actuaries

1994 – PROBLEMS AND SOLUTIONS FOR PRODUCT ILLUSTRATIONS – 28p, Society of Actuaries

1995 – CURRENT DEVELOPMENTS SURROUNDING REGULATIONS AND STANDARDS OF LIFE AND ANNUITY PRODUCTS, – 18 p, Society of Actuaries

1995 – PRACTICAL ILLUSTRATIONS AND NONFORFEITURE VALUES, Society of Actuaries – 14p

1995 – Sales Illustrations, Society of Actuaries

1996 – Implementing the Illustration Regulation: The Clock Is Ticking, Society of Actuaries

1996 – Nonforfeiture Law Developments, Society of Actuaries – 23p

1996 – Update on Life Insurance Illustrations, Society of Actuaries

1997 – Professional Standards Affecting Life Actuaries, Society of Actuaries – 18p

1998 – Market Conduct: A New Actuarial Frontier, Society of Actuaries – 20p

1999 – 1999 Valuation Actuary Symposium – Session 44, Society of Actuaries – 28p

1999 – The Next Generation Universal Life, Society of Actuaries – 30p

Pre-1970s

1960 – PREMIUMS AND DIVIDENDS FOR INDIVIDUAL ORDINARY INSURANCE, Society of Actuaries

1953 – NEW RECORDING MEANS AND COMPUTING DEVICES

“Whenever you are working on something new and innovating, it is always a good idea to look back and see what the ancients called it.” Charles W McMahon
1980 – Product Innovation – Response to Consumer Needs in the 1980’s, The Society of Actuaries

RESOURCES

Archives – enter term in search bar on soa.org

https://www.soa.org/resources/podcasts/

Publications:
Cowman Index to Actuarial Literature (1889-1989)
SmallTalk
TSA
RSA
Valuation Actuary Symposium Textbooks:
2015 – Life Insurance and Modified Endowments Under Internal Revenue Code – Sections 7702 and 7702A, Second Edition — Chris DesRochers, John T. Adney, Brian King and Craig Springfield. 489 pages.

2000 – Life Insurance Products and Finance, D.B. Atkinson and J.W. Dallas. 1021 pages.

2018 -Statutory Valuation of Individual Life and Annuity Contracts | 5^th Edition — Claire, Lombardi and Summers

2012 – Understanding Actuarial Practice, Beckley, Klugman
Understanding Actuarial Practice (UAP) Online Resources

Tools:

https://actuarialtoolkit.soa.org/tool/glossary

PEOPLE

Judy Faucett
Shane Chalke
Anna Rappaport
Ernest J Moorhead
James CH Anderson
Albert Easton
George R Dinney
Walter Chapin
Charles Trowbridge
Walter Miller
Sam Gutterman
James Hickman
Guertin

Adjustable Life, Minimum Deposit Term, Variable Life

New Money (Investment Generation Method) vs Portfolio Rates, New Companies,

NAIC Life Insurance Solicitation Model Regulation, NAIC Replacement Regulation, Manipulation Issue,

Hart, Moss, Stone, Metzenbaum,

Moorhead, Trowbridge, Chapin, Dinney,

Belth

Target Premium, Guideline Level Premium, Guideline Level Premium,

TEFRA, DEFRA, TAMRA

Chalke, Desrochers, Walter Miller,

Pete Stark,

Robert Beck,

Spano

Metzenbaum,

Judy Faucett,

SOA
1. View of the Consumerist
2. 1984 NAIC Update
  1. RSA84V10N222.PDF
    1. Chalke
    2. ULMR
    3. GMP, GLP, r-factor, Reserve, Expense Allowance, Surrender Charge
    4. TEFRA
3. 1990’s
  1. Sales Illustrations
4. Other
  1. Illustration War
5. Valuation/Illustration Reports, Tables, and Tools