Principle−based valuation definition
Principle−based valuation means a reserve valuation that uses one or more methods, or one or more assumptions, deter- mined by the insurer and that is required to comply with sub. (10) as specified in the valuation manual.
Principle−based valuation means a reserve val- uation that uses one or more methods, or one or more assumptions, determined by the insurer and that is required to comply with sub. (10) as specified in the valu- ation manual.