Interest Adjusted Method

Interest Adjusted Method

MR. C.L. TROWBRIDGE: My interest in this challenging subject goes back to
my membership on the 1970 Joint Special Committee chaired by Jack
Moorhead. This Committee proposed what was then known as the
interest-adjusted method, which later became the basis of the NAIC approach now in effect in some 2/3 of the states.

1981, INDIVIDUAL LIFE INSURANCE COST DISCLOSURE ISSUES, Society of Actuaries