Common use of Asset Liability Matching Clause in Contracts

Asset Liability Matching. The Company shall attempt to maintain the weighted-average duration of the Assets within 0.25 years of the targeted asset benchmark duration set by Company. Nevertheless, the normal operation of Company’s asset liability

Asset Liability Matching. The Company shall attempt to maintain the weighted-average duration of the Assets within 0.25 years of the targeted asset benchmark duration set by Company. NeverthelessNonetheless, during the normal course of operation, the normal operation of Company’s asset liability’s

Asset Liability Matching. The Company shall attempt to maintain the weighted-average duration of the Assets within 0.25 years of the targeted asset benchmark duration set by Company. Nevertheless, the normal operation of Company’s asset liabilityliability management function may disclose an asset/liability duration mismatch of more than 0.25 years. Should this occur, the Company shall consult with the Reinsurer to determine the best course of action to employ in reducing or removing the mismatch.

Asset Liability Matching. The Company shall attempt to maintain the weighted-average duration of the Assets within 0.25 years of the targeted asset benchmark duration set by Company. NeverthelessNonetheless, during the normal course of operation, the normal operation of Company’s asset liabilityasset-liability management function may discover that the asset/liability duration mismatch exceeds ±0.25 years. Should this occur, the Company shall consult with the Reinsurer to determine the best course of action to employ in reducing or removing the excess mismatch.