Monday, October 10, 2005
Life Valuation Rate Decline Opens Product Opportunities
Due to market interest rates generally declining over the past five years, the maximum valuation interest rate for calculating statutory reserves for life insurance policies will decrease from the current 4.5% annual level for long-term life insurance contracts to 4% for issues in calendar year 2006.
Life Valuation Rate Decline Opens Product Opportunities
Source: National Underwriter (subscription required)
Life Valuation Rate Decline Opens Product Opportunities
Source: National Underwriter (subscription required)