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Pricing in a Low Interest Rate Environment
Pricing in a Low Interest Rate Environment The decrease in interest rates over the last several years has led to decreases in the maximum valuation rate and maximum nonforfeiture interest rate, ...- Authors: Terry Long
- Date: Mar 2013
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>External forces and business performance
- Publication Name: Small Talk
- Topics: Annuities>Pricing - Annuities; Annuities>Reserves - Annuities; Life Insurance>Non-forfeiture benefits; Reinsurance>Product development - Reinsurance