Bobby Samuelson
#308 | The New Ohio National
Almost a year ago to the day, Ohio National announced that it had agreed to be acquired by Constellation, an insurance holding company backed by two Canadian pension plans and spearheaded by the former CEO of Prosperity Life. The response…
#307 | The New Indexed UL Narratives – Part 2
The first two narratives dealt with the narrative for the product generically, but these next two narratives deal with specific product features that could potentially become more common. Attractive Guaranteed Participation Limits A few years ago, Penn Mutual famously offered…
#306 | The New Indexed UL Narratives – Part 1
Over the past 15 years or so, the Indexed UL narrative has evolved quite a bit. Early on, the story was all about the characteristics of the product as an asset class – upside potential with downside protection. That story…
#305 | The Specter of Rising Interest Rates
Not withstanding Russia’s horrific invasion of Ukraine and the potential impacts to the financial system, we are facing – for the first time since 2020 – the specter of a persistently rising interest rate environment. This time feels different. Think…
#304 | The Lincoln Enhanced Allocation Rider
Over the past couple of years, there’s been a marked shift in the industry towards product development in the accumulation VUL space. That should come as no surprise. Against the backdrop of looming tax increases and stellar equity market performance,…
#303 | Consolidated Distribution, Proprietary Products
I want to acknowledge that much of the information from this article comes from very helpful third-party sources. This topic isn’t exactly in my wheelhouse, but it’s getting to the point where I felt like I wanted to write about…
#302 | An Imminent Mortality Disaster?
At the end of 2021, Scott Davison, CEO of OneAmerica, was on a virtual Indiana Chamber of Commerce news conference with other local CEOs discussing the impact of COVID on their businesses. Davison’s main point was to advocate for vaccinations…
#301 | The Rise of Defined Outcome Funds
Since the creation of indexed insurance products in the mid-1990s, the core value proposition has always been index-linked downside protection with upside potential. As I was told by one prominent annuity distributor recently said: “we believe in insurance, sure, but…
#300 | Get Ready for AG 49-B
At the NAIC Life Actuarial Task Force (LATF) virtual meeting in early December, Fred Andersen (MN), the chair of the IUL Illustration Subgroup, read a prepared statement asking for comments on a particular nuance related to AG 49-A and the…
#298 | Malice – or Mechanics?
This is the last post of 2021. It's been a heck of a year - thanks for continuing to support The Life Product Review. Happy Holidays and a Merry New Year! I remember well when, several years ago, a spate…
