As the old adage goes, “In theory, there is no difference between theory and practice. In practice, there is.” I think this proverb applies to many aspects of our industry, but perhaps nowhere is it more obvious than with regulation and the recent A-supplement to...
For those who remember September of 2015, it was the big month in the world of Indexed Universal Life (IUL) as the first phase of Actuarial Guideline (AG) 49 took effect.Five years does a lot for product development, and what initially brought standardization to crediting...
Around the time Apple was revolutionizing the phone in 2007, life insurance saw a major change as well: indexed universal life (IUL). While this trend in life insurance has had a much more gradual buildup than Apple's overnight success, IUL is currently at the forefront...
Well, everyone, the end of another year is approaching us rapidly. As I sit here, sipping my hot cup of coffee, gazing out my window at the frozen wasteland of a bright, sunny, 62-degree Austin day, it seems good to engage in a...
Today's topic reminds me of an old Pulaar proverb I heard during my time in Senegal with the Peace Corps, Koɗɗe njidaa wowru ceera arsugaaji. It means that things which share the same origin have different fortunes. I used to contemplate the meaning...