This effect is known as new business strain and is due to the requirement for the insurer to hold day 1 capital reserves that are higher than the initial premium payments from customers.
12.
The vast majority of Prudential's policyholders paid a higher initial premium, the suit said, but were entitled to dividends that reduced the cost of their insurance in years when the company did well.
13.
The Ohio National Life Insurance Co . is selling a 20-year policy with the same initial premium _ $ 655 a year _ and with a similar proviso about rates rising, but after just three years instead of five.
14.
So few were built that the slantnose units often commanded a high premium price, and an initial premium of up to 60 per cent ( highly individualized cars even more ) over the standard price . 948 units were built.
15.
Since often initial premiums are not invested but covering initial costs associated with selling the contract ( up front or front-end fee ), the amount available may be significantly lower than the sum of premiums paid for some time, initially even zero.
16.
At 4 p . m . Friday in New York Stock Exchange trading, both stocks were up, with Valero at $ 45.47 a share, up $ 1.59, and Ultramar at $ 42.71 a share, up $ 1.70, giving Ultramar shareholders an initial premium of nearly 30 percent.
17.
Freeholders lease property primarily for the initial premium paid by the original leaseholder for granting the lease; but in addition ground rent ( often a token amount ) will be payable over a long term, and this may be an attractive fixed income investment for some types of investor.
18.
At 4 p . m . Friday in New York Stock Exchange trading, both stocks were up, with Valero at $ 45 . 47 a share, up $ 1 . 59, and Ultramar at $ 42 . 71 a share, up $ 1 . 70, giving Ultramar shareholders an initial premium of nearly 30 percent.
19.
After graduating from the University of Louisville in May 2006 with a degree in cello performance, and while still touring with the Sparrow Quartet, Sollee began work on a new solo album, also self-produced, entitled " Learning to Bend ", which was released in an initial premium " collector's " version ( 1000 numbered copies ) in November 2007.
