Common use of Asset Liability Matching Clause in Contracts

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. Schedule J

Appears in 4 contracts

Samples: Reinsurance Agreement (Separate Account VA EE), Reinsurance Agreement (Separate Account Va X), Reinsurance Agreement (Retirement Builder Variable Annuity Account)

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