Hi,
In case of a company which has without-profit and with-profits policies in the closed fund, where the without-profit business includes immediate annuities which have a longer outstanding duration than that of with-profits business. When considering the distribution of profits which needs to be managed carefully in the closed fund include points regarding the distribution of estate (pace of the distribution)?
Thanks
In case of a company which has without-profit and with-profits policies in the closed fund, where the without-profit business includes immediate annuities which have a longer outstanding duration than that of with-profits business. When considering the distribution of profits which needs to be managed carefully in the closed fund include points regarding the distribution of estate (pace of the distribution)?
Thanks