From the latest Messenger...

As we enter 2010, life insurance companies are in a much more favorable situation than a year ago, when extreme conditions threatened the viability of the entire financial industry. Today the environment is significantly more stable, and opportunities to do business are better in many ways. But the challenges of the past several months – capital levels, rating downgrades, dramatic changes to business plans and the impact that these had on organizations and people – will not soon be forgotten.

Read the complete article from the third quarter edition of The Messenger.

^« Pricing and valuation actuarial teams will collaborate to produce new product designs, priced to the underlying risks and structured to reduce the worst downside scenarios. ^»

from "PBA: Preparing for Big Changes in the Way We Do Business", coauthored by

Brock Robbins
Senior Vice President,
Life Solutions

Dean Nelson
Second Vice President,
Corporate Actuarial