Unexpired Risk Reserve(URR) vs Premium Deficiency Reserve (PDR) – Actuarial Outpost

Tagged: PDR, URR

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September 6, 2022 at 1:54 pm #23001
Vajira
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If some one can explain the difference between Unexpired Risk Reserves vs Premium Deficiency Reserves, I really appreciate it. To me both look same. Actuarial Tool kit explained URR as follows: https://actuarialtoolkit.soa.org/tool/glossary/unexpired-risks-reserve-urr

PDRs explained here https://www.casact.org/pubs/forum/00fforum/00ff001.pdf
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