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Variable Life Insurance Asset Shares under the New York Life Design
Variable Life Insurance Asset Shares under the New York Life Design Variable life insurance asset ... be quite misleading if one interprets them as a direct guide for future performance. DISCUSSION 37 ...Description: Variable life insurance asset shares involve, in general, both the separate account and the general account. This paper develops, for both accounts, under the New York Life design, the annual asset share equations of equilibrium for the separate account asset share, for the general account asset share, for the basic reserve, and for the surplus and also derives the individual expressions for the interest and mortality contributions to the surplus. Followed by discussion papers submitted by several authors.
Hide- Authors: David G Adams, J Ross Hanson, Bruce E Nickerson, Edward Scher
- Date: Oct 1973
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Life Insurance; Life Insurance>Reserves - Life Insurance