Scott Gibson, FSA, addressed the Louisiana Insurers Conference (LIC) in San Diego about "Life Insurance Valuation Issues". The imminent reduction in the life valuation interest rates and the growing regulatory acceptance of the 2001 CSO Table will affect products and plan design for all life products and riders including term, traditional life, universal life, long-term care, and disability income insurance.
Roger Annin, FSA, gave a presentation on Annuity Products in Session 73TS, Focus on Smaller Company Products, at the 2004 Society of Actuaries annual meeting. In his presentation, Roger stated that with its growth potential, the Annuity Market should not be overlooked by smaller insurance companies. Annuities represent an important product to many insureds and can be easy products to introduce to agents.