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Policy Paper

Task Force Releases PBR Checklist

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Publish Date:

10/23/2019

Category:

Policy & Research

Topics:

Life Insurance, Principle-Based Reserving

The PBR Checklist Task Force released a document-“What is PBR for Life Insurance?”-just a few months before the Jan. 1 deadline for companies to adhere to the principle-based reserving (PBR) requirements under the Valuation Manual Section 20 (VM-20), that provides a summary of the significant elements of PBR.