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Market Value Adjusted Products
elimi- nate, or reduce, that risk is to offer individual life and annuity products which utilize a market ... value cash surrender values were required on individual life and annuity policies in the United States ...- Authors: William Carroll, Jan Pollnow, Donald R Sondergeld, Murray John Taylor
- Date: May 1986
- Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Individual annuities; Life Insurance>Non-forfeiture benefits
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Stochastic Risk Modeling in Banks Versus Insurers
formula. In Canada, we do not have prescribed valuation bases for reserves. The actuary has a professional ... and if you want to use a mortality rate of 42% of table, you must come up with some sort of justification ...- Authors: Donna Claire, W Steven Prince, Murray John Taylor, George Turpie, Chak Raghunathan, Nico Meijer
- Date: Jun 2001
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Enterprise Risk Management; Modeling & Statistical Methods