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Modeling the Participating Whole Life Division
traditional three-factor formula. The interest and mortality components are calculated using tax-reserve factors; ... policy reserves when calculating the interest and mortality components. In short, the conditions necessary ...- Authors: Allan Brender
- Date: Jan 1988
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Whole life; Modeling & Statistical Methods; Public Policy
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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