A
Alan2007
Member
I understand that in pricing unit-linked contracts, the charges structure are determined.
Would the charges include allocation rate, bid offer spread, policy fees deducted from the premium and the unit fund, any mortality charges, expense charges, death charges, annual management charges?
In pricing would asumptions be made regarding the unit and non-unit fund?
Am I correct that no assumption would be made on the b/o spread as this is one of the charge that the company needs to work out?
In profit-testing allowance must be made for supervisory reserves. How would supervisory reserves be calculated as we don't know the charges?
Thanks
Would the charges include allocation rate, bid offer spread, policy fees deducted from the premium and the unit fund, any mortality charges, expense charges, death charges, annual management charges?
In pricing would asumptions be made regarding the unit and non-unit fund?
Am I correct that no assumption would be made on the b/o spread as this is one of the charge that the company needs to work out?
In profit-testing allowance must be made for supervisory reserves. How would supervisory reserves be calculated as we don't know the charges?
Thanks