var glossaryterms = ["","AER","Annual premium equivalent or APE","Asset backed security","Available for sale (AFS)","Back book of business","Bonuses","Bulk annuity","Cash surrender value","CER","Closed-book life insurance business","Core structural borrowings","Credit risk","Currency risk","Deferred acquisition costs or DAC","Deferred annuities","Discretionary participation features or DPF","Dividend cover","Endowment product","European Embedded Value or EEV","Fixed annuities","Fixed indexed annuities","Funds under management","Group free surplus","Guaranteed annuities","Guaranteed investment contract (GIC) (US)","Guaranteed minimum accumulation benefit (GMAB) (US)","Guaranteed minimum death benefit (GMDB) (US)","Guaranteed minimum income benefit (GMIB) (US)","Guaranteed minimum withdrawal benefit (GMWB) (US)","Health and protection","Immediate annuity","In-force","Inherited estate","Internal rate of return (IRR)","Internal vesting","International Financial Reporting Standards (IFRS)","Investment grade","Investment-linked products or contracts","Liquidity coverage ratio","Liquidity premium","Market value reduction (MVR)","Money Market Fund (MMF)","Mortality rate","Net premiums","Net worth","New business margin","New business profit","Non-participating business","OIEC Open ended investment company","Operational borrowings","Participating funds","Participating policies or participating business","Payback period","Present value of new business premiums or PVNBP","Prudential Regulation Authority or PRA","Regular premium product","Rider","Risk margin reserve (RMR) charge","Scottish Amicable Insurance Fund (SAIF)","Separate account","Single premiums","Stochastic techniques","Subordinated debt","Surrender","Surrender charge or surrender fee","Takaful","Time value of options and guarantees","Total shareholder return (TSR)","Unallocated surplus","Unit-linked products or unit-linked contracts","Universal life","Variable annuity (VA) (US)","Whole of life","With-profits funds","Yield" ];