Bifurcation is subjective and will come down to actuarial judgment. Actuaries at different companies could easily come up with different opinions on how much risk is transferred by a contract. |
I think in time, once the production catches up with demand, that this won't be a problem anymore, |
There is a high degree of uncertainty |
They'll have to get it through the regulators, and that's where the gamesmanship will begin, |