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The Application of the Commissioners Annuity Reserve Method to Fixed Single Premium Deferred Annuities
surrender charge to the basic CARM reserve. The most direct reserve for a policy with the non-fixed-rate bail-out ... icated exact calculat ion of el+,. However , care must be taken in the fol lowing two situations: ...- Authors: Howard Blakeslee, Gregory J Carney, Richard L Marker, Douglas Menkes, Alfred Raws, Robert E Rich, Steven Sommer, David Jaffe
- Date: Oct 1982
- Competency: External Forces & Industry Knowledge
- Publication Name: Transactions of the SOA
- Topics: Annuities>Fixed annuities; Financial Reporting & Accounting>Statutory accounting