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optionality

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See: discretion


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As a result, the importance of asset management within the industry also has skyrocketed: greater product optionality makes liability modeling far more complex than a decade ago, and tighter premium margins result in smaller asset reserves to cover instances when actuarial assumptions were too aggressive.
3) Forward contracts that contain optionality features.
Information about how the entities relate, in particular, the optionality and cardinality of the relationship is modeled.
 
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