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1.How are the two reserves determined/calculated in Unit-Linked Business?
2.In a resilience capital requirement, how are the two reserves affected by assuming an immediate fall in the value of the matching assets?
I found this part really confusing. Please help! Many thanks!
2.In a resilience capital requirement, how are the two reserves affected by assuming an immediate fall in the value of the matching assets?
I found this part really confusing. Please help! Many thanks!