The MG-Triton® Deferred Annuity (DA) valuation system provides comprehensive valuation calculations as defined by current U.S. regulatory standards, including:

• statutory and tax: Standard Valuation Law:
• CARVM: AG 33, 34, 35
• VACARVM: AG43 (Standard Scenario, & CTE Allocation)
• GAAP: SFAS 97, 115, and 133 (for FIA contracts); SOP 03-1 and 05-1

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

• summary reports including aggregate reserves, AG43 Standard Scenario reserve components, control report, and exhibit of contracts
• reasonableness tests of reserves
• a seriatim results file with statutory and tax reserves and results of supporting calculations
• in-force projection capabilities of statutory and tax reserves
• detailed audit reports on a per-contract basis

For GAAP, MG-Triton DA provides:

• extensive summary and projection reports
• gross profit margins and amortization ratios
• benefit reserves and bonus liability
• loss-recognition analysis
• in-force projection of pretax profits and cash flows
• detailed audit reports by contract, cohort, and subcohort groups

A wide variety of contractual features are available within MG-Triton DA. Highlights include:

• extensive options to cover credited interest methods in the market today
• guaranteed minimum death benefits, with the flexibility to define benefit formulas on a modular basis and to specify formulas on a contract-by-contract basis
• guaranteed living benefits: GMWBs (including Lifetime payouts), GMABs and GMIBs
• bonuses, on a wide variety of bases