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Overview of Nonguaranteed Elements (NGEs)
Overview of Nonguaranteed Elements (NGEs) Non-guaranteed elements are parameters of life insurance ... insurance. In its basic form, it incorporated a dynamic calculation of policy values based on premiums ...- Authors: David N Cook, Zohair Motiwalla, Karen Rudolph
- Date: Nov 2022
- Competency: External Forces & Industry Knowledge
- Topics: Annuities; Life Insurance
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Understanding VM-20 Results
modeling error and changing the structural form of a dynamic lapse formula are further examples of methodology ... NGE modeling is the formula used to represent dynamic policyholder behavior. In the model, there is ...- Authors: Karen Rudolph, Seng Siang Goh, William Hines, Michael Y Nam, William Sayre, David Wang, Tung Tran
- Date: Aug 2017
- Competency: External Forces & Industry Knowledge
- Topics: Life Insurance
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Impact of VM20 on Life Insurance Product Development-Phase 2
Impact of VM20 on Life Insurance Product Development-Phase 2 This research report is ... target age of 110 in Phase 1. The example includes dynamic logic to set lapses to zero once the product becomes ...- Authors: Paul Fedchak, Jacqueline M Keating, Karen Rudolph, Uri Sobel, Andrew Steenman
- Date: Jul 2017
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Life Insurance