With an equity ratio of 34.8 % (2018/06/30: 36.3 %), Salzgitter AG enjoys a sound balance sheet, also after a reduction in the actuarial rate
applicable to pension provisions to only 1.00 %.
The actuarial rate
of the 10-year BTA in February 2019 increased by 173 basis points compared to February 2018, whereas the actuarial rate
of the BTA 5 years in February 2019 increased by 220 points, compared to the same month of the previous year.
The actuarial rate
of the 10-year ATB in February 2019 was 173 basis points higher than in February 2018, whereas the actuarial rate
of the ATB 5 years in February 2019 increased by 220 basis points compared to the same month of the previous year.
This change may benefit some customers, as the actuarial rate
may be lower than the pre-Flood Insurance Rate Map rate.
To keep premiums affordable, they are set at a level that is, in aggregate, below the actuarial rate
and involves large subsidies from low-risk insureds to high-risk insureds.
Will the rulers of the Republic allow true actuarial rate
adequacy, or hail the return of the Actuaries only to later attempt to roll back those reforms following a flood of protest levied by impacted insureds?
CMS will hold the 2014 monthly base actuarial rate
for aged enrollees at $209.80 per month and the monthly premium low-income and moderate-income enrollees pay at $104.90.
The company aims to achieve an annual return in line with the requirements of the actuarial rate
and will try to improve it.
A different method of compensating the permanently injured worker was developed, justifying a 16 percent actuarial rate
reduction in costs.
The three-year actuarial rate
of local or regional recurrence was less than 2 percent in this group.
One of the sticking points over renewal is the subsidy that the program provides to policyholders who pay less than the actuarial rate