APF for VM-20 revised mortality assumption 6-18-12

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f.

Anticipated experience assumptions shall be determined by removing the prescribed margin from the prudent estimate assumption determined above. The resulting anticipated experience assumptions must be no lower than the mortality rates that are actually expected to emerge and that the company can justify. The company must disclose this conclusion in the PBR Actuarial Report.

Š 2010 National Association of Insurance Commissioners

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