50th Anniversary of The Universal Life Insurance Policy

In this special episode of the Research Insights Podcast, Dale Hall, Managing Director of the Society of Actuaries Research Institute, honors the legacy of James C.H. Anderson—a pioneering actuary and visionary in the insurance world. Joining Dale are four esteemed guests who personally knew and worked with Jim:

• Jay Jaffe, FSA, MAAA, President of Reinsurance Administration, Ltd.
• Jim MacGinnitie, former President at Tillinghast
• Mike Tuohy, Managing Director at Tillinghast
• Ron Butkiewicz, CEO of First Penn Pacific

Together, they reflect on Jim's groundbreaking contributions, including his revolutionary work in gross premium calculations, profit measurement, and the development of Universal Life products. From his early days at Abbey Life to influential consulting roles in London and Atlanta, Jim's ideas reshaped insurance regulation, product development, and actuarial practice for decades to come.

Further Resources to Explore James C. H. Anderson's Legacy:

• Gross Premium Calculations and Profit Measurement for Nonparticipating Insurance
• James C. H. Anderson ASA, MAAA, FCA
• 1975 November Edition of Emphasis – The Universal Life Insurance Policy James C. H. Anderson ASA, MAAA, FCA
• Insurance Hall of Fame Profile James C. H. Anderson ASA, MAAA, FCA
• Transactions of Society of Actuaries, 1993 VOL. 45 – Obituary James Charles Henry Anderson

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