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Realistic Liabilities and Risk Capital Margins for With-Profits Business. A Discussion Paper
Published online by Cambridge University Press: 10 June 2011
Abstract
The paper addresses some of the practical and theoretical issues raised by the move to a market consistent calculation of realistic liabilities and solvency capital for with-profits business. It also proposes some changes to the presentation of the realistic balance sheet, which the authors believe will provide greater transparancy, and more closely reflect the way in which with-profits business should be managed in future.
Keywords
- Type
- Sessional meetings: papers and abstracts of discussions
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- Copyright
- Copyright © Institute and Faculty of Actuaries 2004
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