1. 

   ????? Member

   Anyone know what is meant by a 'bonus reserve valuation'?

    

   ?????, Apr 3, 2009

   #1
2. 

   elenachatilla Member

   I thought it was a GPV?

    

   elenachatilla, Apr 3, 2009

   #2
3. 

   ????? Member

   If so, thanks. I've just never come across that terminology before.

    

   ?????, Apr 3, 2009

   #3
4. 

   Mark Willder ActEd Tutor Staff Member

   The Glossary defines a Bonus Reserve Valuation as follows:
   
   This is a type of gross premium valuation that allows explicitly for future bonuses under with-profits contracts.
   
   Best wishes
   
   Mark

    

   Mark Willder, Apr 4, 2009

   #4

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