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Hello - Could you please help me with below queries: Chapter 11 (Que 11.6 - Best estimate liability determination for unit linked contract -...
Hi, Ref: CMP, Ch12, p.6 Is the contract boundary only to the point at which the insurance company can terminate/change the premium? I thought...
I'm hoping to check my understanding of this and to fill in a few gaps: Total BEL = PV (Benefits + Expenses - Premiums) Benefits These include...
If a credit spread widens then, as the previous poster states, the market value of such assets will fall. Hi Lindsay I'm trying to understand...
I'm a little confused by the BEL for the savings element of the UL contract versus the GAO. In particular: The BEL for the unit fund projects...
One of the contract boundaries is "the point at which premiums/benefits can be changed in such a way that they fully reflect the risks". Do...
Chapter 23 mentions that one of the key parts of managing market risk is management's understanding of the sensitivity of the liability...
I'm struggling to understand how the technical provisions for with-profits policies are calculated. The BEL for a with-profits product allows for...