dyga

I should preface this with the idea that the IPS is a long-term document. Insurance companies sell multitudes of products on a daily basis and would require changing the IPS almost daily for the required return.

The CFAi will have to either give a statement that is fairly obvious as to what the return requirement for insurance is or go with positive spread to liabilities.



Edited 1 time(s). Last edit at Sunday, May 22, 2011 at 04:24PM by Paraguay.