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  • Mutual Company Issues
    Nonparticipating elements, such as interest credited or mortality charges, are based on expected future (prospective) ... aggregation is only allowed within the life, annuity and health lines. Margins from one major line are ...

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    • Authors: Armand de Palo, Richard Lambert, Robert W Maull
    • Date: Jan 1993
    • Competency: External Forces & Industry Knowledge
    • Topics: Actuarial Profession>Standards of practice; Public Policy