I don't know if this helps but try COPPERED CONS. This is the best I can think of, the components are not in order and these are just key words to remember what each Principle is all about: Components (Principle 3) Options and Guarantees (Principle 7) PVIF (Principle 6) Participating Business (Principle 11) Economic Assumptions (Principle 10) Required Capital (Principle 5) EV definition (Principle 1) Disclosure (Principle 12) Covered business (Principle 2) Operating Assumption (Principle 9) New Business (Principle 8) Surplus (Free Surplus) (Principle 4)
Hi - rather than just relying on a mnemonic, it might also help to think about it as follows: the first six define what the EEV is (and its components) then the next six cover, in turn: how you calculate it, what goes in (assumptions) & what comes out (disclosure).
