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- Definition
The maximum maturity period in years for short-term investments No definition available.
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- Details
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- Definition
Minimum number of pricing services used to obtain fair value measurements for the majority of the investment securities held No definition available.
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- Definition
The low end of the range of multiplicative factors used to reduce the Base Lapse Function for policies with more valuable guarantees. No definition available.
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- Definition
The high end of the range of multiplicative factors used to reduce the Base Lapse Function for policies with more valuable guarantees. No definition available.
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- Definition
The low end of the range of the per annum lapse assumption during the surrender charge period. No definition available.
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- Definition
The high end of the range of the per annum lapse assumption during the surrender charge period. No definition available.
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- Definition
The low end of the range of the per annum lapse assumption in the year immediately following the surrender charge period. No definition available.
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- Definition
The high end of the range of the per annum lapse assumption in the year immediately following the surrender charge period. No definition available.
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- Definition
The length of the ultimate lapse rate period. No definition available.
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- Definition
The approximate per annum lapse assumption 3 or more years following the surrender charge period. No definition available.
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- Definition
The highest annual annuitization rate assumption applied after the first year a policy is eligible to annuitize using a GMIB feature, used for clients for which there are several years of annuitization experience. No definition available.
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- Definition
The highest annual annuitization rate assumption applied in the first year a policy is eligible to annuitize using a GMIB feature, used for clients for which there are several years of annuitization experience. No definition available.
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- Definition
The number of different annuitization functions used in calculating the appropriate annuitization rate for clients without observable relevant annuitization behavior data. No definition available.
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- Definition
Rate 1 - the highest annual annuitization rate assumption applied after the first year a policy is eligible to annuitize using a GMIB feature, as used in the weighted average for clients with no currently observable relevant annuitization behavior data. No definition available.
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- Definition
Rate 2 - the highest annual annuitization rate assumption applied after the first year a policy is eligible to annuitize using a GMIB feature, as used in the weighted average for clients with no currently observable relevant annuitization behavior data. No definition available.
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- Definition
Rate 3 - the highest annual annuitization rate assumption applied after the first year a policy is eligible to annuitize using a GMIB feature, as used in the weighted average for clients with no currently observable relevant annuitization behavior data. No definition available.
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- Definition
Notice period in days for redemption of investment funds alternative investments (employ various investment strategies such as long/short equity and arbitrage/distressed.) No definition available.
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- Definition
The percentage of GMIB guaranteed value that is represented by clients with several years of annuitization experience No definition available.
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