Compass

Principle-Based Reserving. What does it mean for the industry? (5/9/19)

Why the change? The formulas used to calculate life insurance reserves are more than 150 years old and no longer reflect the current state of the industry. With this change, you and your clients can have even greater confidence that premiums are reflective of the specific insurance coverage being provided. 

What does this mean for producers? Read the details here.