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Impact of VM-20 on Life Insurance Product Development
the asset accumulation across scenarios is a direct driver of the reserve. Whereas the DR reserve ... More specifically, VM-20 requires that the direct company and reinsurer should account for counterparty ...- Authors: Jacqueline M Keating, Paul Fedchak, Karen Rudolph, Uri Sobel, Andrew Steenman, Robert Stone
- Date: Nov 2016
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Life Insurance
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Impact of VM20 on Life Insurance Product Development-Phase 2
unit acquisition cost was increased to 2016 GRET direct distribution channel rates of $1.00 per unit. ... coinsurance approach reduces the net reserve of the direct company. • Moving from Phase 1 Situation 5 ...- Authors: Paul Fedchak, Jacqueline M Keating, Karen Rudolph, Uri Sobel, Andrew Steenman
- Date: Jul 2017
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Life Insurance