By Benjamin Slutsker, Kevin Piotrowski, and Linda Lankowski
Principle-based reserving (PBR) is a new statutory reserve regulation that combines company-specific assumptions with prescribed rule-based requirements.
Tradecraft
By Li Liu, Xiaoxue Liu, and Austin Krompasky
Throughout modern history, mortality has steadily decreased. Remarkably, this improvement can be seen for all ages and almost all major causes of deaths.
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