This paper outlines the evolution of AG43, summarizes current provisions compared with C-3 Phase II, comments on issues relating to the Standard Scenario, and discusses the potential impact on future product designs. The report also includes a case study showing typical reserving and capital requirements for certain product designs under AG 43 and C-3 Phase II.
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A discussion of Actuarial Guideline 43 for variable annuities
This paper summarizes the provisions of AG 43 compared to C-3 Phase II and discusses implications for future product designs.
Novian Junus, Zohair Motiwalla
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