the fulfillment of an entity’s obligations – as required by a contract/agreement. Examples include – but are not limited to:
• compliance under the provisions of a reinsurancecontract;
• compliance under a contract that includes a retrospective rate adjustment; or
• compliance under a contract that includes an experiencerefund.
Congratulations! You're now Froogled Up™ on what "Contract Performance" means!
Feel free to use it throughout your financial/insurance life.