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  • A Comparison of Alternative Generally Accepted Accounting Principles GAAP Methodologies for Universal Life
    no other choice appeared satis- factory. The valuation methodology (i.e., the calculation of both DAC ... interest; and the fifth is due to surrenders. If valuation assumptions (unprimed) could be chosen equal to ...

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    • Authors: Mark Evans, S Michael McLaughlin, Donald R Sondergeld
    • Date: Oct 1987
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Transactions of the SOA
    • Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
  • Cash Flow Analysis by the Prudent Banker's Method, or Discounting Turned on its Head
    effect of deaths and lapses, was as follows: TABLE 1 PROJECTED CASH FLOW ON BLOCK OF BUSINESS Year ... the computed rate of return on the cash flow in Table 1, by a "normal" or conventional discounting process ...

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    • Authors: Application Administrator, Mark Evans, Roger E Johnson, Thomas Marra, Claude Y Paquin, S. Promislow, William L Roach, Eric Seah, Elias Shiu, Courtland C Smith, Donald R Sondergeld
    • Date: Oct 1987
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Transactions of the SOA
    • Topics: Life Insurance>Pricing - Life Insurance