Look up: zillmerisation

1. zillmerisation
   A method of calculating reserves in life insurance that allows for the acquisition costs incurred when a contract is written. Zillmerised reserves are lower than reserves that are not zillmerised. The method applies to regular premium business. It is effectively a variation of the net premium method...
   Found on http://www.encyclo.co.uk/local/20197
   
   
2. zillmerisation
   the setting of some acquisition expenses of long-term business against mathematical reserves as opposed to their amortisation Category: Insurance
   Found on http://www.mijnwoordenboek.nl/definition
   
   
3. Zillmerisation
   `Zillmerisation` relates to the valuation of a Life insurer by an actuary. When new business is written, the value of the company may reduce (when viewed on a regulatory basis) even if the business is likely to be profitable. This is known as New Business Strain. Zillmerisation is one method of adju...
   Found on http://en.wikipedia.org/wiki/Zillmerisat