Oct 24, 2015 #1 R ruchi1127 New Member 1 Hi, I Have been doing some research on Risk Based Capital. I was hoping if someone can explain the factors of calculating TAC as seen below. Why is AVR and 50% of dividend added ? TAC= Statuotry capital + surplus +AVR+ 50% of policyholder dividend
Hi, I Have been doing some research on Risk Based Capital. I was hoping if someone can explain the factors of calculating TAC as seen below. Why is AVR and 50% of dividend added ? TAC= Statuotry capital + surplus +AVR+ 50% of policyholder dividend
Oct 24, 2015 #2 DHK RFC®, ChFC®, CLU® 5000 Post Club 11,277 Southern California Ask an actuary. We sell insurance, not formulate it.