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The Withdrawal Delay Cohort under VM-21/AG-43: The case for random sampling25 March 2019 - By Benjamin J.L. Buttin and Matthias Kullowatz and Zi Xiang Low and Zohair Motiwalla - Article

The VM-21 Standard Projection is essentially a complete overhaul of the existing Actuarial Guideline 43 Standard Scenario framework.

Milliman VALUES 2018 GLWB industry lapse study13 February 2019 - By Eileen S. Burns and Matthias Kullowatz and Jenny Jin and Ben Johnson and Vincent Haupt and Vincent Embser - Article

The 2018 Milliman VALUES Guaranteed Lifetime Withdrawal Benefit (GLWB) industry lapse and utilization studies included 3 million policyholders from eight large variable annuity writers, representing roughly $350 billion of account value and covering a range of GLWB product designs as well as demographic attributes.

Milliman VALUES: 2018 GLWB industry utilization study27 November 2018 - By Zhen Hui Trinh and Eileen S. Burns and Matthias Kullowatz and Jenny Jin and Ben Johnson and Vincent Haupt and Vincent Embser - Article

The 2018 Milliman VALUES GLWB lapse and utilization studies included three million policyholders from eight large VA writers, representing roughly $350 billion of account value and covering a range of GLWB product designs as well as demographic attributes.

Milliman VALUES 2016: GLWB Utilization study15 May 2017 - By Eileen S. Burns and Jenny Jin and Vincent Embser and Matthias Kullowatz and Ben Johnson and David Wang and Sam Nandi - Article

Milliman recently completed its 2016 Milliman VALUES GLWB Utilization study, which included two million policyholders from seven large VA writers, representing roughly $220 billion of account value (based on initial purchase amounts) and covering a range of GLWB product designs as well as demographic attributes.


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