A
Avviey
Member
Hi
I have a few questions re this paper:
For a)/ii)/Q1, it says the present value of future guarantee charges on existing WP business can then be included as a new "liability". Is it included in future policyholder related liability rather than with profit benefit reserve?
For c)/iv)/Q1 on page 9, the first paragraph says,"realistic resreves for both types of without profit business (term and annuities) would increase following reinsurance..." shouldn't it decrease?
For i)/Q2 on page 11, the 2nd paragraph says, "...given high average case size..." how does average case size matter?
Thank you so much for your help.
I have a few questions re this paper:
For a)/ii)/Q1, it says the present value of future guarantee charges on existing WP business can then be included as a new "liability". Is it included in future policyholder related liability rather than with profit benefit reserve?
For c)/iv)/Q1 on page 9, the first paragraph says,"realistic resreves for both types of without profit business (term and annuities) would increase following reinsurance..." shouldn't it decrease?
For i)/Q2 on page 11, the 2nd paragraph says, "...given high average case size..." how does average case size matter?
Thank you so much for your help.