investment income -- State "X" Method

[chinese_girl]

In DE's filing requirement, the DOI's bulletin mentions "Investment income should be calculated according to the “State X” Method."

Can someone tell me what is "State X" method? Is this something in Part 7?

Thanks.

[MNBridge]

Currently taking part 7 and I've never heard of the State 'X' method.

The only method I've seen with actual instructions are those use for the Direct IEE.

[vito]

I think there used to be something called the ISO State X method. It estimated an annual, calendar year investment return on surplus and policyholder supplied funds. This investment return (as a % of premium) was subtracted from a selected profit provision when determining a permissible loss ratio.

[Jonas Grumby]

Kansas used to have an extended version of this method as a formal filing requirement, you might be able to find it in their filing documentation.