CGU LIFE is looking to sell universal life insurance in the structured settlements market. To properly price this product, the following tasks were completed: calculate pricing mortality for streamlined underwriting, manipulate COI rates and loadspread to attain desired profits, perform sensitivity analysis, and complete NAIC and nonforfeiture law testing. The steps taken, software used and problems encountered are described in this report.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Lane, Brian Joseph
• Bielik, Matthew Robert

Publisher

• Worcester Polytechnic Institute

Identifier

• 01D236M

Advisor

• Wiedie, Ann H.

Year

• 2001

Sponsor

• CGU Insurance Company

Date created

• 2001-01-01

Resource type

• Major Qualifying Project

Major

• Actuarial Mathematics

Rights statement

• In Copyright