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C-3 Risk and Liability Hedging
the actual interest rate being credited, the mortality being charged, or the expenses being assessed ... results are credible. We have not yet done that. Table 1 illustrates the excess-lapse function for the ...- Authors: William Britton, Douglas Doll
- Date: Jan 1988
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Universal life; Life Insurance>Whole life; Public Policy
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Universal Life Plan
reserve, it is conservative to use a lower mortality rate and a higher interest rate (once the reserve ... rates as mortality gets worse, but will I be able to do this? In order to have credible mortality data ...- Authors: Robert Howard
- Date: Jan 1988
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Universal life; Public Policy