asset adequacy tested reserve Definition | Business Dictionaries from AllBusiness.com
Facebook Twitter You Tube RSS Feed

Business Glossary

SEARCH THE BUSINESS GLOSSARY

Business Definition for: asset adequacy tested reserve
asset adequacy tested reserve

required reserve all life insurance policy obligations and expenses according to the appointed actuary's best estimate assumptions. Numerous interest rate scenarios are tested and based on the projections. The amount of asset adequacy tested reserve is established.

Copyright © 2000, 1995, 1991, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

AllBusiness Greatest Hits