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  • VM-20 Scenarios - An Observation
    the industry table for UL lapse rates6—these surrender rates are about 0.3 percent Table 1 Dec. 31, ... 13 90 18 11 13 13 12 9 9 100 11 8 8 10 9 5 7 Table 2 Dec. 31, 2024, Discount Factors Policy Year Percentile ...

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    • Authors: Timothy Cardinal
    • Date: Dec 2016
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: The Modeling Platform
    • Topics: Financial Reporting & Accounting>Statutory accounting; Life Insurance>Reserves - Life Insurance; Life Insurance>Secondary guarantees; Modeling & Statistical Methods>Scenario generation