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Why is my Pricing run always issuing the policies in July when my valuation date is end of the year? Are there any options?

April 26, 2017issuing July Options policies pricing run valuation year

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Why is my Pricing run always issuing the policies in July when my valuation date is end of the year? Are there any options?

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The intent of MG-ALFA is to force issues to be in the first cash cycle after the middle of the projection year for pricing projections. This means that on an annual run, issues will occur in month IMO. In a monthly run, issues will occur in July. In a quarterly run, issues will occur sometime between July and September, depending on IMO. If you want January issues when running with a monthly projection mode, set the valuation month to July. You can then suppress the 6 initial zeros by changing the report template from, for example, u=1-20 to u=7-20.