19 Miss. Code. R. 2-16.03 - Definitions
A. "2001 CSO Mortality Table" means that
mortality table, consisting of separate rates of mortality for male and female
lives, developed by theAmerican Academy of Actuaries CSO Task Force from the
ValuationBasic Mortality Table developed by the Society of Actuaries
IndividualLife Insurance Valuation Mortality Task Force, and adopted by theNAIC
in December 2002. The 2001 CSO Mortality Table is included inthe Proceedings of
the NAIC (2nd Quarter 2002). Unless the
contextindicates otherwise, the "2001 CSO Mortality Table" includes both
the
B. ultimate form of that table
and the select and ultimate form of that table and includes both the smoker and
nonsmoker mortality tables and thecomposite mortality tables. It also includes
both the age-nearest-birthday and age-last-birthday bases of the mortality
tables.
C. "2001 CSO Mortality
Table (F)" means that mortality table consisting of the rates of mortality for
female lives from the 2001 CSO Mortality Table.
D. "2001 CSO Mortality Table (M)" means that
mortality table consisting of the rates of mortality for male lives from the
2001 CSO Mortality Table.
E.
"Composite mortality tables" means mortality tables with rates of mortality
that do not distinguish between smokers and nonsmokers.
F. "Smoker and nonsmoker mortality tables"
means mortality tables withseparate rates of mortality for smokers and
nonsmokers.
Notes
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