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from about 9% of reserves in 1979 to approximately 17% in 1981. We changed our dividend scale to effectively ... because short term rates had fallen from the 16 - 17% level to an 8% - 9% level by August of 1982. Executive ...- Authors: John M Lenser, Thomas J Mitchell, Catherine R Turner, Trevor Walke, Michael Winterfield
- Date: Apr 1983
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Fixed annuities