Bullish about the future
Article Abstract:
The life insurance industry has grown stronger in the 1990s; however there is always room for improvement. Confidence in the insurance industry has dropped, despite the fact that income and profits of many insurance companies have risen. Life insurance companies are working hard to be leaders in the financial world and to hold on to their share of retirement funds and financial holdings for businesses and families alike.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1992
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Incongruous lapse-supported product
Article Abstract:
Historically, the formula for success in the life insurance industry was to keep non-renewals to an absolute minimum. Today, however, higher retention rates means losses for the company. When the actual lapse rate hits levels which are substantially lower than when pricing decisions were made. Lapse- supported policies may be discovered by either actuarial reverse engineering or calculating the performance quotient.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1991
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