Examples of Similar Products in a sentence
The first step is determined by applying the methodology described in the report “Recommended Approach for Setting Risk-Based Capital Requirements for Variable Annuities and Similar Products Presented by the American Academy of Actuaries’ Life Capital Adequacy Subcommittee to the National Association of Insurance Commissioners’ Capital Adequacy Task Force (June 2005)” to calculate the total asset requirement.
If utilizing prepackaged scenarios as outlined in the American Academy of Actuaries’ report, Construction and Use of Pre-Packaged Scenarios to Support the Determination of Regulatory Risk Based Capital Requirements for Variable Annuities and Similar Products, Jan.
Company/Private Limited Company dealing in the field of Fertilizer, Food grains, Cement, Sugar, Coarse grains or Similar Products.
The interest rate risk component for Variable Annuities and Similar Products should be entered into Line (35).
If possible, however, it is suggested that the same protocol be followed as if these were individual, unbound maps per the guidelines noted in Maps, Illustrations, and Similar Products section of these guidelines, space permitting.