Jim Daniel's LTAM Seminar Excerpts

Full Preliminary Term (FPT) reserves

Full Preliminary Term (FPT) reserves describes the idea of modified net premium reserves (using non-level premiums) and in particular the computation of Full Preliminary Term (FPT) reserves. It contains about 2.5 pages of text. Here is the table of contents:

  • 1.1 Introduction
  • 1.2 The FPT method

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