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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 ...- 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
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2014-sic-vm20-adoption-status
2014-sic-vm20-adoption-status Standard Valuation Law (VM-20) State Adoption Status (May 8, ... Valuation Law becomes effective, 42 states (including U.S. territories) representing at least 75% of direct ...- Authors: Timothy Cardinal
- Date: Jun 2014
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Topics: Financial Reporting & Accounting>Statutory accounting