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AXIS Update Information
Update Summary: Reserve Components (NAIC) (PY) Report
Update Type: Enhancement
Version # : 12203001 (14 Jun 08)
Modules Affected: Regular Life
Changes Results: No
GGY Job # 21509
Detailed Update Description
In the Regular Life module, a new Reserve Components (NAIC)(PY) Report replaces the old Reserve Components Report for the following reserve methods:

8 - CRVM
17 - Reg XXX reserve (pre - Dec 98)
21 - NY reg 147 reserve (pre - Dec 98)
32 - Reg XXX reserve revised (Dec 98)

The new report greatly expands the information available on the details of the calculation of valuation premiums and reserves.

This feature was previously under development; feature code #88 Reserve Component Report (NAIC) (Beta). It has now been activated for general use.
 

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