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Comment / Letter

Subcommittee Comments on Interest Maintenance Reserve and Cash Surrender Value

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Publish Date:

03/5/2024

Category:

Policy & Research

Topics:

NAIC

The Variable Annuity Reserve and Capital Subcommittee commented to the NAIC’s Life Actuarial (A) Task Force on the order of operations between the interest maintenance reserve (IMR) and cash surrender value (CSV) floor in the VM-21 reserve calculation.
 

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