9. Statements Regarding Consideration of: X X Policy Design Underwriting X X + Claims Adjudication Practices X X Moderately Adverse Margin + X X X 10. Actuarial Assumptions: Morbidity X X X, + X, + Voluntary lapse rates Mortality X X X, + X, + Expenses X X X, + X, + Commissions Interest X X X, + X, + Area Factors Contingency and Risk Margins X X X X X X X 11. Experience Past, Future and Lifetime, X X X including liability and claim reserves Demonstration that the margin is exhausted X Description of the Credibility of the Experience Data X 12. Loss Ratios at maximum – valuation interest rate Minimum Requirement (58/85 test) X X Anticipated lifetime loss ratio X X X
9. Statements Regarding Consideration of: Policy Design Underwriting Claims Adjudication Practices Moderately Adverse Margin X X X X + + X X X X X 10. Actuarial Assumptions: Morbidity Voluntary lapse rates Mortality Expenses Commissions Interest Area Factors Contingency and Risk Margins X X X X X X X X X X X X X X, + X, + X, + X, + X X, + X, + X, + X, + X 11. Experience Past, Future and Lifetime, including liability and claim reserves Demonstration that the margin is exhausted Description of the Credibility of the Experience Data X X X X X 12. Loss Ratios – at maximum valuation interest rate Minimum Requirement (58/85 test) Anticipated lifetime loss ratio X X X X X