VM-21: Requirements for Principle-Based Reserves for ...

The amount that is added to an individual contract’s cash surrender value may be negative, zero or positive, thus resulting in a reserve for a given contract that could be less than, equal to or greater than the cash surrender value. The resulting reserve in aggregate shall not be less than the greater of the cash surrender value or the ... ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download