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  • The Objective Function of Asset/Liability Management
    virtually unlimited. maintenance reserves, asset valuation If scenarios are generated in a stochastic What ... of existing liabilities (FVL) at the date of valuation. This is sometimes referred to as the “market ...

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    • Authors: David N Becker
    • Date: Mar 1998
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Risks & Rewards
    • Topics: Finance & Investments>Asset liability management; Finance & Investments>Economic value