The Interest Credit Rate. The Interest Credit Rate shall mean the ratio of the investment income earned by the assets in the segregated asset portfolio since the immediately preceding Settlement Date to the book value of the assets in the segregated asset portfolio.
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Samples: Coinsurance Funds Withheld Reinsurance Agreement (Symetra Financial CORP), Coinsurance Funds Withheld Reinsurance Agreement (Symetra Financial CORP), Coinsurance Funds Withheld Reinsurance Agreement (Symetra Financial CORP)
The Interest Credit Rate. The Interest Credit Rate shall mean the ratio of the investment income income, including capital gains and losses, earned by the assets in the segregated asset portfolio since the immediately preceding Settlement Date to the average book value of the assets in the segregated asset portfolioportfolio using the formula: Rate = 2*I/(A+B-I), where I = net investment income after investment expense, including capital gain and loss A = the book value of assets in the segregated asset portfolio on the immediately preceding Settlement Date B = the book value of asset in the segregated asset portfolio on the current Settlement Date.
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