Donna Claire
- Year-? - Chair, Life Financial Soundness/Risk, Management Committee ... SVL2/PBA
- 1988 - SOA - Junk Assets, by Donna Claire, The Actuary, act-1988-vol22-iss04-claire - Society of Actuaries - 3p
- Donna R. Claire is an Actuary at the Equitable life Assurance Society.
- She is the Secretary of the Individual life Insurance and Annuity Product Development Section, the chairperson of the Part 10 Committee and has been a speaker at past Valuation Actuary Symposia.
- 2018 - Book - Statutory Valuation of Individual Life and Annuity Contracts | 5th Edition, by Donna Claire, Louis Lombardi and Sheldon Summers --- [BonkNote]
- 2023 - AAA - Life Perspectives, Winter/Spring 2023 - [link]
- Donna Claire - Chair - Life Experience Committee
- In essence, the model regulation assumes that at issue, all universal life policies are permanent plans.
- [Bonk: model regulation = ULMR - Universal Life Model Regulation]
- The r-ratio is meant to measure the extent to which the policy is "on track" as a permanent plan.
2018 - Book - Statutory Valuation of Individual Life and Annuity Contracts | 5th Edition -- by Donna Claire, Lombardi and Summers --- [BonkNote]
- Mr. Affleck states that using the term "permanent" is "deceptive" with regard to universal life insurance.
- [Bonk: Mr. Affleck = Policyholder Expert Witness]
- Universal life is considered "permanent insurance" in the industry.
- For example, a governmental website for seniors, maintained by the Social Security Administration, has the following definition...
- ..."Permanent Insurance -- including whole, ordinary, universal, adjustable and variable life -- is protection that can be kept in force for as long as you live."8
- 8 http://www.seniors.gov/retirementplanner/Iife_insurance.html - <Bad Link>
- For example, a governmental website for seniors, maintained by the Social Security Administration, has the following definition...
2003 - LC - Fay v. Aetna - Rebuttal of Mr. Affleck's Report, by Donna R. Claire
- One of our problems is that we're not even sure, as a profession, what we mean by equity between persisting and terminating policyholders.
- The Society has set up a task force, chaired by Donna Claire, to investigate this issue.
- The Unruh Committee, I believe, in the 1970s came up with a definition of equity for nonforfeiture, that the terminating policyholder should not leave the persisting policyholders in a worse position.
- Even that definition of equity perhaps is not necessarily the final word.
-- Douglas C. Doll
1995 - SOA - Practical Illustrations and Nonforfeiture Values, Society of Actuaries - 14p