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Agent Compensation and Expense Issues
on an incremental basis your GAAP ROE goes up to 17 percent from 10 percent. Agent Compensation ... ROE: 10% • Incremental ROE: •Issue & U/W (20% OH) 17% •Maintenance (20% OH) 18% •Distribution (20% OH) ...- Authors: Gaetan Nicolas, John F Bevacqua, Steeve Jean, Michael Herman
- Date: May 2002
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Expenses - Annuities; Annuities>Marketing and distribution - Annuities; Life Insurance>Expenses - Life Insurance; Life Insurance>Marketing and distribution - Life Insurance