In the third quarter of 2020, Milliman refreshed a survey that establishes currently held market practice in the application of “VM-21: Requirements for Principles-Based Reserves for Variable Annuities.” This survey summarizes responses from 19 variable annuity carriers surrounding several decision points.
VM-21 – 2020 Survey of Industry Practices: October
7 October 2020
VM-21 – 2020 Survey of Industry Practices: October