Flat associate net premium type
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The flat associate net premium type (I spread Ryo that I am, and order order does not become dim) is one of the accumulation methods of the insurance contract debt (legal reserve) in the insurance mathematics. I may merely say a net premium type. In Japan, it is demanded by the insurance method by this accumulation method that the product makes a legal reserve.
Because a calculation was very easy, the flat associate net premium types spread widely, but came to be able to calculate the legal reserve by the so-called business premium type by utilizing a computer. The ceremony of business premium is a calculation based on the premise that is more realistic than a flat associate net premium type. Therefore, in the foreign countries, the thing by the business premium type becomes mainstream.
This article is taken from the Japanese Wikipedia Flat associate net premium type
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