Timing and quantifying rules - Life insurance rules - Transitional adjustments and annuities
EY 33: Mortality profit formula: individual result may be negative only in some cases
You could also call this:
“Rules for negative mortality profit calculations in insurance are no longer applicable”
This part of the law used to be about how to calculate mortality profit for insurance companies. It explained when the result of this calculation could be negative. However, this section is no longer in use. The government removed it on 1 July 2010. If you need to know about current rules for calculating mortality profit, you should look at other parts of the tax law that are still active.
