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The Sixth Circuit Gets it Right in American Financial -- An Actuarial Guideline Can Apply to Prior Contracts When the Interpretation was a Permissible Option at the Time The Contract Was Issued
feder- ally prescribed interest rate and mortality table, the reserve is capped by the statutory reserve ... the prevailing interpretation of the Standard Valuation Law (SVL), i.e., the interpretation that has ...- Authors: Peter Winslow
- Date: Oct 2012
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Taxing Times
- Topics: Life Insurance