These files were used to produce our results for the ERM project on NNEG valuation. Please note that the cash-flow analysis has been revamped.

These files were used to produce our results for the ERM project on NNEG valuation. Please note that the cash-flow analysis has been revamped. This research project was jointly commissioned by the Institute and Faculty of Actuaries’ Actuarial Research Centre (ARC) and the Association of British Insurers.