C6 of the Valuation of Life Insurance Liabilities:
Post 1976 method - focus of the summary seems to be deficiency reserves. These occur whenever GP < NP.
Is this NP calculated using the methodology described under CRVM in section 5 or the NLP method?
Are the base product reserves calculated consistent with the methodology used to calculate NP?
Post 1976 method - focus of the summary seems to be deficiency reserves. These occur whenever GP < NP.
Is this NP calculated using the methodology described under CRVM in section 5 or the NLP method?
Are the base product reserves calculated consistent with the methodology used to calculate NP?
Whole Life Reserves