Question

When analyzing withdrawal rates, what is considered if the company lacks adequate data?

a.

Only the experience under similar contracts

b.

Only the industry-wide experience

c.

Only the future conditions

d.

Any available data, including experience under similar contracts or industry-wide experience

Posted under IC 92 Actuarial Aspects of Product Development

Answer: (d).Any available data, including experience under similar contracts or industry-wide experience Explanation:When analyzing withdrawal rates and lacking adequate company data, any available data including experience under similar contracts or industry-wide experience may be considered.

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Q. When analyzing withdrawal rates, what is considered if the company lacks adequate data?
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