3 ms·

I think the tables that actuaries use are publicly available and account for that. The thing to watch for would be that you're not using something with a lot o

by mbg721 5y ago

I think the tables that actuaries use are publicly available and account for that. The thing to watch for would be that you're not using something with a lot of built-in conservatism meant for life insurance statutory compliance.

everybodyknows 5y ago
> life insurance statutory compliance. Interesting -- can you elaborate on whatever unrealities are forced upon life insurers by government?
- mbg721 5y ago
  It's not unrealities, it's just that you want some cushion before your life insurer goes bankrupt. That's why statutory and GAAP are different accounting standards.