Asset Liability Matching. The weighted average duration of the segmented portfolio shall be within 0.5 year of the liability benchmark duration set by the Reinsured. A general investment goal shall be to maintain a segmented asset portfolio such that an actuary rendering an asset adequacy opinion in accordance with relevant Actuarial Standards of Practice (ASOPs) could render an unqualified opinion.
Appears in 4 contracts
Samples: Reinsurance Agreement (Separate Account VA EE), Reinsurance Agreement (Separate Account Va-2l), Reinsurance Agreement (Retirement Builder Variable Annuity Account)
