Persistency definition

Persistency. All correct players have input x ⇒ yi = x. • Termination: Every player eventually receives output. WeakConsensus(x1, . . . , xn) → (y1, . . . , yn)
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Persistency. All correct players have input x ⇒ yi = x. • Termination: Every player eventually receives output. Broadcast: (x, ⊥, . . . , ⊥) → (y1, . . . , yn) Consensus: (x1, . . . , xn) → (y1, . . . , yn)
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Persistency. All correct players have input x ⇒ yi = x. • Termination: Every player eventually receives output. Protocol King Consensus (▇▇▇▇ ▇▇) KingConsensusk(x1, . . . , xn) → (y1, . . . , yn) 1. ((z1, g1), . . . , (zn, gn)) = GradedConsensus(x1, . . . , xn)
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Examples of Persistency in a sentence

  • New Business is included in Persistency Bonus calculation and ratio described above.

  • The Persistency Bonus is payable only on eligible Group contracts.

  • When two blocks of business merge, the new basis for the Persistency Bonus becomes the start number from both blocks as of January 1st of the year of the merger.

  • Contracts for an account related to a consultant arrangement do not qualify towards the calculation of the net contract Persistency Ratio.

  • Contracts are used in the contract count to calculate net contract Persistency Ratio.

  • Persistency Cap of 1,000 contracts per account for gains and losses.

  • Loss of Groups and accompanying contracts are included in the Persistency Ratio calculations.

  • The present value will be calculated based on an interest rate of 8% and the ▇▇▇▇▇▇ B Persistency Table that in the Company’s sole discretion reflects the expected persistency of the business.

  • Broker/Agent must have at least five (5) Groups or two (2) Groups with five-hundred (500) lives to qualify for Persistency Bonus regardless of Group size.

  • Provided a 95% or greater Persistency Ratio in qualified medical contracts written by Broker/Agent for Insurer Group Medical Business to be eligible for Medical or Dental Persistency.


More Definitions of Persistency

Persistency means the ratio of renewal premiums collected/paid in a policy year to the premiums due in the same policy year (the premiums due being inclusive of any increase as a result of a policy provision). This terminology applies from 2nd policy year and onwards of a regular premium individual life policy, excluding annuity plans.
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Persistency refers to the rate at which policyholders keep the subject policy in force. “Acquisition costs” consist principally of agency commissions, which may exceed 100% of first year’s premium, and typically are carried as a depreciating asset on the balance sheet. A&H reinsurance treaties contain distinct provisions foreign to the P&C business, including: The contract duration of an A&H treaty may be indefinite with no automatic termination whereas P&C treaties rarely exceed 36 months. Finally, because A&H reinsurance contracts are often perpetual, there are a suite of other clauses governing how policy changes, continuations, and conversions affect the reinsurance.
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Related to Persistency

  • Latency means the delay between input into a system and the outcome based upon that input. In computer networks, latency refers to the delay between a source system sending a packet or message, and the destination system receiving such packet or message.

  • Persistent means three or more defaults. After providing notification to the Contractor of its third default, an Agency may terminate without providing the Contractor with an opportunity to cure. The three defaults are not required to be related to each other in any way.

  • Chronic delinquency" shall mean failure by Tenant to pay Basic Rent, or any other payments required to be paid by Tenant under this Lease within three (3) days after written notice thereof for any three (3) occasions (consecutive or non-consecutive) during any twelve (12) month period. In the event of a chronic delinquency, Landlord shall have the right, at Landlord's option, to require that Basic Rent be paid by Tenant quarterly, in advance.

  • Malfunction means any sudden, infrequent, and not reasonably preventable failure of air pollution control equipment, process equipment, or a process to operate in a normal or usual manner. Failures that are caused in part by poor maintenance or careless operation are not Malfunctions.

  • Epidemic means a sudden development and rapid spreading of a contagious disease or illness in an area as documented by a recognized public health authority.