MG-Triton Health


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The MG-Triton® Health valuation system performs all of the necessary statutory, tax, and GAAP reserve calculations for health insurance base policies and riders as defined by U.S. regulatory standards, including gross premium valuations.

To support statutory and tax valuations, MG-Triton Health provides:

  • support for claim costs and first-principle calculations, including both lives-based and length-of-stay-based
  • summary reports including aggregate reserves by line of business, control report, exhibit of contracts, and analysis of change in statutory reserves
  • a seriatim results file with statutory and tax reserves and results of supporting calculations
  • Exhibit 6 & Exhibit 8 reports
  • in-force projections of exhibit of contracts, statutory and tax reserves, and statutory net income
  • detailed audit reports on a per-contract basis

For GAAP, MG-Triton Health provides:

  • support for claim costs and first-principle calculations
  • historical GAAP and purchase GAAP
  • summary reports and projections, including change in deferred acquisition cost asset and change in benefit reserve
  • in-force projection of cash flows, pretax profits, and source of earnings
  • detailed audit reports on a per-contract basis

A wide variety of contractual features are available within MG-Triton Health, including:

  • premium schedule: level, limited-pay, step, and graded
  • benefit structure: level, increasing, decreasing, and multiple benefits (as many as five benefit streams)
  • policy riders: Social Security offset, cost-of-living increase, return of premium, waiver of premium, nonforfeiture, and shared care
  • other features: SOP 05-1 support, pivot reserving for premium increases

Next Steps

For more information, contact: