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Membership Information

for the
2019 Million Dollar Round Table
Based on 2018 production

Million Dollar Round Table


325 West Touhy Avenue, Park Ridge, Illinois USA  Phone: +847.692.6378 | Fax: +1 847.518.8921 |
Email: membership@mdrt.org
PLEASE NOTE

Please note the following changes to previous versions of this document. Please
discard any copies of this document that do not have the mark of Global – 12/10/2018
at the foot of each page.

 The name of the product categories has been modified to Risk-Protection


Products and Other Products. See page 4.
 Dues requirements for each level of membership have been updated. See page 6.
 The MDRT Annual Meeting date and location were updated. See page 10.
 The MDRT Global Conference date and location were updated. See page 10.
 The MDRT EDGE Meeting date and location were updated. See page 10.
 The Top of the Table Meeting date and location were updated. See page 10.

Table of Contents
Page
I. Production Requirements ------------------------------------------------------------------- 3
II. Eligibility ------------------------------------------------------------------------------------------ 4
III. Reporting ----------------------------------------------------------------------------------------- 5
IV. Additional Requirements -------------------------------------------------------------------- 6
V. Clarifications ------------------------------------------------------------------------------------- 7
VI. Illustrations -------------------------------------------------------------------------------------- 9
VII. Meetings ----------------------------------------------------------------------------------------- 10
VIII. Commission/Premium Production Requirements By Country ------------------ 11
IX. Income Production Requirements By Country --------------------------------------- 13

Apply for 2019 membership online at https://My.mdrt.org/OnlineMembershipApplication.aspx.

Page 2 Global – 12/10/2018


MEMBERSHIP INFORMATION FOR THE
2019 MILLION DOLLAR ROUND TABLE
I. PRODUCTION REQUIREMENTS Top of the Table
1. Production Methods  Commission & Premium Method
Membership in the 2019 Round Table will be based on the A minimum of USD 576,000 of eligible commissions paid
following production methods: (See page 4 for products) or USD 1,152,000 of eligible paid premium. At least USD
 Commission/Fee Method 48,000 of commission or USD 96,000 of premium (50
A minimum of USD 96,000 of eligible commissions paid is percent of the entry-level MDRT requirement) must come
required. Of this total, a minimum of USD 48,000 of paid from products listed in the Risk-Protection category before
commissions (50 percent of the requirement) must come an applicant can use any credit from policies listed under
from products listed in the Risk-Protection category. the Other Products category.
 Premium Method  Income Method
A minimum of USD 192,000 of eligible paid premium A minimum of USD 996,000 of eligible annual gross income
is required. Of this total, a minimum of USD 96,000 of is required. The applicant must meet the minimums of USD
premium (50 percent of the requirement) must come 48,000 in new business and USD 48,000 in risk-protection
from products listed in the Risk-Protection category. business.
 Income Qualification Method  Top of the Table Waivers
A minimum of USD 166,000 in annual gross income Top of the Table members with a minimum of 10 years of
from the sale of insurance and financial products is Top of the Table membership who do not meet the required
required. A minimum of USD 48,000 must be income minimum production level may apply under the Top of the
from new business generated during the production Table waiver provision, but must submit required Top of the
year. Further, a minimum of USD 48,000 must be Table dues.
derived from income associated with products in the
Risk-Protection category. It is possible that the same
business, for example the sale of new life insurance
policies, could satisfy both requirements.

2. Court of the Table


 Commission & Premium Method
A minimum of USD 288,000 of eligible commissions paid or
USD 576,000 of eligible paid premium is required. At least
USD 48,000 of commission or USD 96,000 of premium (50
percent of the entry-level MDRT requirement) must come
from products listed in the Risk-Protection category before an
applicant can use any credit from policies listed under the
Other Products category.
 Income Method
A minimum of USD 498,000 of eligible annual gross income is
required. The applicant must meet the minimums of USD
48,000 in new business and USD 48,000 in risk-protection
business.

Please note: Applicants may not combine production credit from the methods above to attain the minimum
requirement. Applicants will be approved only under one method.

The 2019 production requirements for applicants outside the United States are expressed in local
currency. All commission, premium or income credit reported must be converted to U.S. dollars using
the MDRT conversion factor listed at the end of this document.

Page 3 Global – 12/10/2018


3. Eligible Products and Credit

RISK-PROTECTION PRODUCTS
Products from life insurance companies Commission/Fee Credit Premium Credit
Accidental death and dismemberment (individual) 100% of first year commission 100% of first year premium
Critical illness (individual) 100% of first year commission 100% of first year premium
Disability income contracts (individual) 100% of first year commission 100% of first year premium
Life (individual)
Up to annual premium/target premium 100% of first year commission 100% of first year premium
Deposits in excess of annual/target 100% of commission paid 6% of excess premium
premium/top up
Single premium (whole life and investment) 100% of first year commission 6% of first year premium
Short-term endowment rider (max 15 yrs) 100% of first year commission 6% of first year premium
Long-term care (individual) 100% of first year commission 100% of first year premium

Accidental death and dismemberment (group) 100% of first year commission 10% of first year premium
Critical illness (group) 100% of first year commission 10% of first year premium
Disability income contracts (group) 100% of first year commission 10% of first year premium
Life (group) 100% of first year commission 10% of first year premium
Long-term care (group) 100% of first year commission 10% of first year premium

Annuities (individual and group) 100% of all commissions 6% of new money invested
Single premium and/or short-term endowment (max 100% of first year commission 6% of first year premium
15 yrs.)

OTHER PRODUCTS
Products Commission/Fee Credit Premium Credit
Health care (individual) 100% of first year commission 100% of first year premium

Health care (group) 100% of first year commission 10% of first year premium
Mutual funds 100% of all commissions/fee 6% of new money invested
Securities 100% of commission/fee on new 6% of new money invested
money invested
Wrap accounts/asset management accounts 100% of all commissions/fee 6% of new money invested
Financial Planning Fees/Fees for Advice 100% of the net fee 100% of the gross fee

II. ELIGIBILITY
1. Qualification Overview  Qualifying And Life Member
 First-time applicants for MDRT must use either the An individual becomes a Qualifying and Life (QL) member
commission or premium methods to demonstrate when approved for the 10th year of membership. The year or
qualification for membership. (See chart on page 5.) years during which Provisional Applicant status was/were held
 Any individual with prior MDRT membership is eligible to are counted. Qualifying and Life status is maintained in future
apply using the income qualification method. years by submitting an application each year, including
certifying letter(s) demonstrating qualifying production or by
2. MDRT Status Designations attesting to having met current minimum production levels,
Each MDRT status designation is granted for one year only. All and by paying the required dues.
members must apply every year to continue their affiliation with  Life Member
MDRT. After Qualifying and Life membership has been attained,
 Qualifying Member Applicants for Life status will declare that they did not meet
An individual who is a first-time applicant becomes a the production requirement, but still wish to continue their
Qualifying (Q) member when his/her application papers are MDRT membership. Life members must annually submit an
approved. Until the 10th year of membership is attained, the application and pay dues.
member will be a Qualifying member.

Page 4 Global – 12/10/2018


COMMISSION PREMIUM

MDRT COT TOT MDRT COT TOT


Member Risk- Risk- Risk- Member Risk- Risk- Risk-
Type Protection Total Protection Total Protection Total Type Protection Total Protection Total Protection Total
Production $48,000 $96,000 $48,000 $288,000 $48,000 $576,000 Production $96,000 $192,000 $96,000 $576,000 $96,000 $1,152,000
1st-Time 1st-Time
Member Member
Certifying Certifying
Required Required Required Required Required Required
letters letters
Signed by Company Company Company Signed by Company Company Company

2 - 10 Year 2 - 10 Year
Member Member
Certifying Certifying
Required Required Required Required Required Required
letters letters
Signed by Company Company Company Signed by Company Company Company
11+ Year 11+ Year
Member Member
Certifying Certifying
Not Required Required if less Required if less Not Required Required if less Required if less
letters letters
than 10 COT than 10 TOT than 10 COT than 10 TOT
Signed by Not Required Company Company Signed by Not Required Company Company

INCOME
MDRT COT TOT
Member Risk- Risk- Risk-
Type New Business Protection Total New Business Protection Total New Business Protection Total
Production $48,000 $48,000 $166,000 $48,000 $48,000 $498,000 $48,000 $48,000 $996,000
1st-Time
Member
Certifying
Not Eligible Not Eligible Not Eligible
letters
Signed by
2 - 10 Year
Member
Certifying
Required Required Required
letters
Signed by Self-signed Self-signed Self-signed

11+ Year
Member
Certifying
Not Required Required if less than 10 COT Required if less than 10 TOT
letters
Signed by Not Required Self-signed Self-signed

III. REPORTING
1. Verifying Production  Income Verification
 Commission And Premium Verification Verification of eligible production under the income
First-time applicants must apply using ONLY the qualification method will be accomplished via a certifying
commission or premium methods and supply a certifying letter signed by the applicant. All applications submitted
letter(s) with third party verification. Those applying for under the income method are subject to a random
Qualifying membership (years two through 10) may submit production verification audit at a later date. If selected, the
the customary certifying letters with third party verification individual will need to supply supporting documents, such
for commission or premium or submit a self-signed certifying as commission statements, that verify the amounts claimed.
letter and attach supporting documents for the income Other acceptable supporting documents would be a
qualification method as outlined above. Certifying letters statement of income signed by a representative of the
may be completed by a representative of the company/broker company/broker dealer/brokerage agency, a Certified Public
dealer/brokerage agency, a Certified Public Accountant (or Accountant (or equivalent), or a representative of the
equivalent), or a representative of the applicant's personal applicant’s personal agency/corporation/office. Tax
agency/corporation or office. documents may also be used.

Page 5 Global – 12/10/2018


 Simplified Reporting for Qualifying & Life and Life  Income certifying letters are self-reported, signed by the
Members applicant. If selected for a production verification audit, the
Once eligibility for Life status has been attained, members individual will need to supply supporting documents to
who have achieved Qualifying and Life or Life status are verify the amounts claimed, such as:
eligible to submit an application each year, including  commission statements
certifying letter(s) demonstrating qualifying production or  a statement of income signed by a representative of the
by attesting to having met current minimum production company/broker dealer/ brokerage agency, a Certified
levels, and by paying the required dues. Proof of production Public Accountant (or equivalent), or a representative
(i.e. certifying letters or commission/income documents) of the applicant’s personal agency/corporation/office
will not be required beginning in the eleventh year.  Tax documents
Applicants for Life status will declare that they did not meet
the production requirement, but still wish to continue their 6. Honor Roll
MDRT membership.
 Individuals who have reported at least 15 years of
Qualifying membership shall be designated as members of
2. Court of the Table the “Honor Roll.”
 Applicants must continue to submit proof of production via
certifying letter(s) until achieving 10 years of membership
IV. ADDITIONAL REQUIREMENTS
at the higher level. They may declare their eligibility
1. Professional Association Membership Requirement
without certifying letters or income documents when
 When applying for MDRT membership, applicants from the
applying for the eleventh year of membership at Court of
countries listed below must be members in good standing of
the Table level.
an association that meets all of the following criteria: (A list
of associations that meet the criteria may be found Web site
3. Top of the Table
at https://www.mdrt.org/membership/requirements/ )
 Applicants must continue to submit proof of production via
 The association must be an individual membership
certifying letter(s) until achieving 10 years of membership
organization, open to participation without regard to
at the higher level. They may declare their eligibility
company affiliation, one of the focuses of which is insurance
without certifying letters or income documents when
or financial services.
applying for the eleventh year of membership at Top of the
Table level.  The association must have been in existence at least two
years and must have 100 or more members.
4. Application Forms  The association must be a nonprofit organization.
 Applications for 2019 MDRT membership will automatically  The association must have a code of ethics and an
be sent in November 2018 to all 2018 and 2017 MDRT effective means of dealing with breaches of its code.
members. Others may request an application by phone, fax or  Membership in an association is required of applicants from
through the MDRT Web site at www.mdrt.org . the following countries:

5. Certifying Letters Australia Ireland Philippines


 A certifying letter signed by an official from the company an Bahamas Israel Singapore
applicant is using for MDRT qualification is required when Canada Jamaica Thailand
applying under the commission or premium method. Greece Japan Trinidad & Tobago
Otherwise, the application will be considered incomplete and Hong Kong Malaysia United States
membership may be denied. These companies may include
life insurance companies, agencies, brokerage companies, New Zealand
broker/dealers, banks or mutual fund companies. Also
acceptable would be a certifying letter completed by a 2. Annual Membership Dues: USD 550
representative of the company/broker dealer/brokerage  Required dues, completed application and other required
agency, a Certified Public Accountant (or equivalent), or a forms must be postmarked on or before March 1, 2019.
representative of the applicant's personal Applications postmarked after March 1 will be considered
agency/corporation or office. only if accompanied by an additional fee of USD 200.
 A Certified Public Accountant (CPA) or the equivalent may
sign certifying letters for financial planning fees/fees for 3. Court of the Table Dues: USD 50
advice that are paid directly to the producer when applying  In addition to remitting regular MDRT dues, a Court of the
under the commission or premium method. Table applicant must remit the required Court of the Table
 Brokerage companies are defined as third party wholesalers dues.
of insurance and investment products that are provided to
agents on behalf of insurance and investment companies. 4. Top of the Table Dues: USD 550
Should an applicant be an official of a brokerage company,  In addition to remitting regular MDRT membership dues, a
the product provider who pays the commissions must sign Top of the Table applicant must remit the required Top of the
the certifying letter unless applying under the income Table dues. Top of the Table membership dues includes Court
qualification method. of the Table dues.

Page 6 Global – 12/10/2018


5. Life, Reduced Dues: USD 185  If commissions are paid as earned, a policy effective in 2017
 Life members who meet all four of the criteria below are may result in production credit for 2018. The policy must be
eligible to pay a reduced dues amount. Those eligible for in force on December 31, 2017 but is not required to be in
reduced dues are not required to be members of a professional force as of December 31, 2018.
association.  Commission credit for pensions is based on the product used
 a Life or a Qualifying & Life member, and to fund the pension (life insurance, annuities, mutual funds,
 applying as a Life member, and etc.) which determines whether it receives Risk-Protection or
 65 years of age by December 31, 2018 and Other Products credit.
 have either 25 years of membership OR 20 years of  Commissions that are part of a deferred compensation
membership with production program may be claimed up front for MDRT credit, provided
that they are not claimed again in later years.
Online payment options are now available. For more  Life insurance policies that exceed the annual premium or
information, please refer to your 2019 Membership application. target premium are eligible for credit. First year commission
credit may be given Risk-Protection category for the
6. Disability Waiver commission paid on the amount up to the annual/target
 Life members who have been declared totally disabled for six premium. If the annual/target premium is exceeded,
consecutive months during 2018 may petition for a waiver of (sometimes referred to as a “top up”) commission credit may
payment of dues for the 2019 Table. A disability petition be given in the Risk-Protection category for the commission
form and doctor’s statement must be submitted by March 1, paid on the amount that exceeded the annual/target premium.
2019, with the membership application. Each petition will be  Override commissions, training allowances, bonuses and
judged on its own merit. Those approved for the disability other sales or expense allowances do not qualify under the
waiver are not required to be members of a professional commission/premium method.
association.  Fees paid for the placement of a product are eligible for
credit toward the commission requirement, as are asset
7. Former Life Member Options management fees for mutual funds and wrap/asset
 Former Life and Qualifying & Life members who wish to management accounts. The type of product placed
rejoin MDRT have two options: determines the type of credit the product receives (Risk-
 Option One: They may choose not to pay back dues for the Protection or Other).
years missed and submit the current minimum production  Financial Planning Fees/Fees for Advice are eligible for
and current membership dues with their application. Their Other Products credit for the net fee paid to the agent/advisor.
member status will revert to Qualifying and they must again Fees must be documented by certifying letter signed by a
fulfill the requirements to attain Life or Qualifying & Life company official, a broker dealer official, or a Certified
status, which includes accumulating an additional 9 years of Public Accountant (or equivalent) for qualifying members.
Qualifying membership.  Group health insurance commissions are eligible in the first
 Option Two: They may retain Life or Qualifying & Life year of the policy only. Additions to the group policy in
member status by paying back dues for the number of years subsequent years are not eligible for credit.
missed, not to exceed a maximum of five years, and by  Single premium and/or short-term endowment commissions
meeting the then current requirements for Life membership. are only eligible in the first year of the policy. Short-term
The maximum number of years for which back dues may be endowment riders (max 15 years) to life insurance policies
required will be reduced to three years if the member submits are eligible for 100 percent of first-year commissions in the
qualifying production for the current year. The amount of Risk-Protection category.
back dues will be based upon the current dues at the time of  Long-term endowment commissions are only eligible in the
reinstatement. Please note: Payment of back dues does not first year of the policy. Long-term endowment riders (16 or
provide credit for member year(s) missed. more years) to life insurance policies are eligible for 100
percent of first-year commissions in the Risk-Protection
V. CLARIFICATIONS category.
1. Eligible Commissions, Fees
Production credit (for commissions) will be based on eligible
commissions received during 2018. Credit may include either
earned or advanced (annualized) commissions or both. Advanced
(annualized) or earned commissions must be paid to the applicant
For additional information, contact:
in 2018 to be eligible for MDRT credit. Please note:
Million Dollar Round Table
 Commissions paid on a levelized basis may be reported using
Member Services Department
the present value of up to the first five years' commission
325 West Touhy Avenue
discounted at 10 percent per year, not to exceed 55 percent of
Park Ridge, IL 60068 USA
first-year premium.
Phone: +1 847.692.6378
 Annualized commissions may be reported for credit if paid,
Fax: +1 847.518.8921
but any chargeback of annualized commissions in a
Web site: https://www.mdrt.org
subsequent production year will result in a reduction of that
E-mail: membership@mdrt.org
year's production credit.

Page 7 Global – 12/10/2018


2. Eligible Premium  Income considered INELIGIBLE for MDRT credit
Production credit (for premium) will be based on eligible includes:
premium paid or new money invested during 2018. Please note:  Training bonuses/allowances
 If commissions are paid as earned, premium credit should be  Sales/expense allowances
given only for the amount of premium actually received  Overrides derived from the production of others.
during the production year.  Non-cash compensation, such as incentive trips
 If commissions are annualized, the premium credit should  Income from property and casualty insurance and
also be annualized. Any chargeback of annualized general insurance (fire, home, auto, etc.)
commissions should also result in a reduction of that year's  Income from the sale of mortgages.
premium credit.  Life settlements
 A policy that becomes effective in 2017 may result in  Money market accounts
production credit for the amount of premium paid or new
money invested during 2018. 4. Credit for Coverage Written on the Applicant, Spouse
 Life insurance policies that exceed the annual premium or or Dependents
target premium are eligible for credit. First year premium  Any business written on the applicant, applicant’s spouse
credit may be given in the Risk-Protection category up to or dependents may not exceed a maximum of 5 percent
the amount of the annual/target premium. If the of the current year's MDRT production requirement
annual/target premium is exceeded, (sometimes referred to (USD 4,800 eligible commissions or USD 9,600 of
as a “top up”) premium credit may be given in the Risk- eligible premium or USD 8,300 of eligible income) if any
Protection category for 6 percent of the amount that of the premiums are paid, directly or indirectly, by the
exceeded the annual/target premium. applicant or spouse.
 Financial Planning Fees/Fees for Advice are eligible for
Other Products credit for the gross fee paid to the company, 5. Replacements
broker dealer or individual agent/advisor. Fees must be  Credit for individual life insurance policies may be
documented by certifying letter signed by a company claimed only for the amount of first-year commissions or
official, a broker dealer official, or a Certified Public premium on the new policy that exceeds the first-year
Accountant (or equivalent) for qualifying members. commissions or premium for the policy being replaced. If
 Group health insurance premium is eligible for credit in the the amount is not known, then the amount of
first year of the policy only. Additions to the group policy in commissions being replaced shall be calculated by
subsequent years are not eligible for credit. multiplying the current commission times the appropriate
 Single premium and/or short-term endowment premium is premium for the policy being replaced. Premium credit
only eligible in the first year of the policy. Short-term can be determined by subtracting the replaced premium
endowment riders (max 15 years) to life insurance policies from the new premium.
are eligible for 6 percent of first year premium credit.  Conversion of a permanent product to a permanent
 Long-term endowment premium is only eligible in the first product is to be treated as a replacement for MDRT
year of the policy. Long-term endowment riders (16 or more purposes. This applies only to replacement of individual
years) to life insurance policies are eligible for 100 percent life insurance policies.
of first-year premium credit in the Risk-Protection category.
 Premium credit for pensions is based on the product used to 6. Definitions And Interpretations
fund the pension (life insurance, annuities, mutual funds,  Business Paid for and Underwritten
etc.) which determines whether it receives Risk-Protection Business to be credited shall be paid for during the MDRT
or Other Products credit. qualification period (January 1 through December 31).
Business shall be considered to have been paid for as of the
3. Eligible Income date when the coverage first became fully effective with
Production credit is based on annual gross income paid during home office approval from the standpoint of payment of the
2018. Please note: claim (regardless of company practice or the distance
 See chart on page 4 for eligible products. between home and field office). However, no credit shall be
 Under this model, income is defined as first-year, trail and allowed until the home office has finally accepted the
renewal commissions, as well as fees for product premium and also until the first-year commissions have been
placement, asset management fees and fees for advice. paid or credited to the agent's account without any right
 Other production-based compensation, such as salaries and reserved to the insurance company to recover same, except in
production-based bonuses, are also eligible for credit. case of recall under the contestable provisions of the contract.
 Income contributed as part of a deferred compensation plan On joint, partnership, corporate and/or brokerage business,
is eligible for credit. Credit should be taken during the MDRT credit shall be given for only that portion of the
production year when the deferred income was earned. business on which the applicant has been compensated, either
 Override commissions are eligible only for personal by first-year commission or the equivalent.
production.  Health Insurance
Includes policies that relate to the health of the body. Dental,
vision, etc., are eligible for credit. See page 4 for specifics.

Page 8 Global – 12/10/2018


6. Definitions and Interpretations (Cont’d)  In Force Requirement
 Policy and Case Definitions Credited business shall include only business which has not
A policy shall be defined as an individual contract covering been terminated on or before the last day of the MDRT
one or more lives as contrasted with a group policy, a qualification period (December 31) except for business
pension, profit sharing trust or a salary savings plan. Under a terminated by death or term conversion.
qualified pension or profit sharing trust or a salary savings  Securities
plan, each individual policy shall count as one (1) policy for Includes stocks, bonds or other equities. See page 4 for
the purpose of computing total eligible policies. For purposes specifics.
of production, an employer-sponsored group life plan,
franchise life plan and group annuity plan and mutual fund
transaction with one (1) investor shall be considered one (1)
case regardless of the number of lives or funds involved.

VI. ILLUSTRATIONS

Clarification of Risk-Protection and Clarification of Income Qualification


Other Products Credit
 A minimum of USD 166,000 in annual gross income
 At least one-half (50 percent) of the production from the sale of insurance and financial products is
requirement must come from products listed in the required.
Risk-Protection category. (See section I, 4)  A minimum of USD 48,000 must be income from
 This serves as a threshold that must be crossed new business generated during the production year.
before an applicant can use any credit from the Further, a minimum of USD 48,000 must be derived
Other Products category. from income associated with Risk-Protection
 Once crossing the threshold, applicants may use all Products.
of the credits from Other Products category to meet  It is possible that the same business, for example the
the MDRT requirement. sale of new life insurance policies, could satisfy both
 The 2019 commission requirement for is USD requirements. (See Example 2 below.)
96,000. To qualify, the applicant must submit a
minimum of USD 48,000 in commission from ELIGIBLE for MDRT membership
products listed in the Risk-Protection category. Example 1
Applicant annual gross income 166,000
Example 1 – Eligible for MDRT membership Applicant total new business 48,000
Applicant total Risk-Protection 48,000 Applicant total Risk-Protection Products 48,000
Applicant total Other Products 100,000
Total MDRT commission credit 148,000 Example 2
Applicant annual gross income 166,000
Example 2 – NOT eligible for MDRT membership Applicant total new business from
Applicant total Risk-Protection 47,999 Risk-Protection Products * 48,000
Applicant total Other Products 100,000 *Satisfies both new business and risk-protection products minimums.
Total MDRT commission credit 47,999
NOT Eligible for MDRT membership
Example 3
Please note: Applicant annual gross income 166,000
The 50 percent threshold applies regardless of whether Applicant total new business 47,999
commission or premium is used to qualify for Applicant total Risk-Protection Products 48,000
membership.
Example 4
Applicant annual gross income 166,000
Applicant total new business 48,000
Applicant total Risk-Protection Products 47,999

Page 9 Global – 12/10/2018


MDRT Meetings - Mark Your Calendars!

MDRT Annual Meeting*


9 – 12 June 2019
Miami Beach, Florida, USA

MDRT Global Conference*


1 – 4 September 2019
Sydney, Australia

Top of the Table Annual Meeting*


25 – 28 September 2019
Austin, Texas, USA

MDRT EDGE Meeting*


21 – 23 October 2019
New York City, New York, USA

*Attendance at the MDRT Annual Meeting, MDRT Global


Conference, Top of the Table Annual Meeting and
MDRT EDGE Meeting are open to approved members of
the 2019 Table and requires payment of separate
registration fees.

Visit www.mdrt.org or contact MDRT at +1 847.692.6378 or email to meetings@mdrt.org


for meeting information or for exhibitor and sponsorship opportunities.

Page 10 Global – 12/10/2018


COMMISSION AND PREMIUM PRODUCTION REQUIREMENTS FOR MEMBERSHIP
IN THE 2019 MILLION DOLLAR ROUND TABLE
Based on 2018 Production, Expressed in Local Currency
Production credit must be reported in U.S. dollars on Certifying Letters
(Local currency divided by the conversion/standardization factor = MDRT requirement in U.S. dollars)
Production requirements are set independently for each country. Conversion/standardization factors have no relationship to
currency exchange rates and are used only to standardize MDRT processing.
(For a complete list of country requirements, see the MDRT web site at https://www.mdrt.org/membership/requirements/ .)

MDRT COT TOT Commission MDRT COT TOT Premium


Country Commission Commission Commission Conv Factor Premium Premium Premium Conv Factor
Angola 53,700 161,100 322,200 0.5593 107,400 322,200 644,400 0.5593
Anguilla 106,500 319,500 639,000 1.1093 213,000 639,000 1,278,000 1.1093
Antigua 160,600 481,800 963,600 1.6729 321,200 963,600 1,927,200 1.6729
Argentina 222,200 666,600 1,333,200 2.3145 444,400 1,333,200 2,666,400 2.3145
Armenia 16,500,800 49,502,400 99,004,800 171.8833 33,001,600 99,004,800 198,009,600 171.8833
Aruba 121,000 363,000 726,000 1.2604 242,000 726,000 1,452,000 1.2604
Australia 135,600 406,800 813,600 1.4125 271,200 813,600 1,627,200 1.4125
Azerbaijan 24,300 72,900 145,800 0.2531 48,600 145,800 291,600 0.2531
Bahamas 80,200 240,600 481,200 0.8354 160,400 481,200 962,400 0.8354
Bahrain 23,000 69,000 138,000 0.2395 46,000 138,000 276,000 0.2395
Bangladesh 2,140,900 6,422,700 12,845,400 22.3010 4,281,800 12,845,400 25,690,800 22.3010
Barbados 125,400 376,200 752,400 1.3062 250,800 752,400 1,504,800 1.306200
Belarus 140,059,400 420,178,200 840,356,400 1,458.9520 280,118,800 840,356,400 1,680,712,800 1458.9520
Belgium 78,800 236,400 472,800 0.8208 157,600 472,800 945,600 0.8208
Belize 95,200 285,600 571,200 0.9916 190,400 571,200 1,142,400 0.9916
Bermuda 145,000 435,000 870,000 1.5104 290,000 870,000 1,740,000 1.5104
Bolivia 240,400 721,200 1,442,400 2.5041 480,800 1,442,400 2,884,800 2.5041
Bosnia-Herzegovina 67,400 202,200 404,400 0.7020 134,800 404,400 808,800 0.7020
Botswana 254,300 762,900 1,525,800 2.6489 508,600 1,525,800 3,051,600 2.6489
Brazil 181,700 545,100 1,090,200 1.8927 545,100 1,635,300 3,270,600 2.8390
British Virgin Islands 96,000 288,000 576,000 1.0000 192,000 576,000 1,152,000 1.0000
Brunei 59,800 179,400 358,800 0.6229 179,400 538,200 1,076,400 0.9343
Bulgaria 61,000 183,000 366,000 0.6354 122,000 366,000 732,000 0.6354
Cambodia 74,884,900 224,654,700 449,309,400 780.0510 299,539,600 898,618,800 1,797,237,600 1560.1020
Canada 116,200 348,600 697,200 1.2104 232,400 697,200 1,394,400 1.2104
Cayman Islands 65,500 196,500 393,000 0.6822 131,000 393,000 786,000 0.6822
Channel Islands 66,600 199,800 399,600 0.6937 133,200 399,600 799,200 0.6937
Chile 31,824,000 95,472,000 190,944,000 331.5000 63,648,000 190,944,000 381,888,000 331.5000
Colombia 84,255,300 252,765,900 505,531,800 877.6593 168,510,600 505,531,800 1,011,063,600 877.6593
Costa Rica 26,812,000 80,436,000 160,872,000 279.2916 53,624,000 160,872,000 321,744,000 279.2916
Croatia 344,200 1,032,600 2,065,200 3.5854 688,400 2,065,200 4,130,400 3.5854
Curacao 72,400 217,200 434,400 0.7541 144,800 434,400 868,800 0.7541
Cyprus 40,400 121,200 242,400 0.4208 80,800 242,400 484,800 0.4208
Czech Republic 1,259,900 3,779,700 7,559,400 13.1239 2,519,800 7,559,400 15,118,800 13.1239
Denmark 699,100 2,097,300 4,194,600 7.2822 1,398,200 4,194,600 8,389,200 7.2822
Dominica 128,100 384,300 768,600 1.3343 256,200 768,600 1,537,200 1.3343
Dominican Republic 1,284,800 3,854,400 7,708,800 13.3833 2,569,600 7,708,800 15,417,600 13.3833
Ecuador 44,900 134,700 269,400 0.4677 89,800 269,400 538,800 0.4677
Egypt 138,100 414,300 828,600 1.4385 414,300 1,242,900 2,485,800 2.1578
El Salvador 46,400 139,200 278,400 0.4833 92,800 278,400 556,800 0.4833
Estonia 50,300 150,900 301,800 0.5239 100,600 301,800 603,600 0.5239
Fiji 76,000 228,000 456,000 0.7916 152,000 456,000 912,000 0.7916
France 78,600 235,800 471,600 0.8187 157,200 471,600 943,200 0.8187
Georgia 68,800 206,400 412,800 0.7166 137,600 412,800 825,600 0.7166
Germany 75,200 225,600 451,200 0.7833 150,400 451,200 902,400 0.7833
Ghana 60,400 181,200 362,400 0.6291 120,800 362,400 724,800 0.6291
Gibraltar 54,900 164,700 329,400 0.5718 109,800 329,400 658,800 0.5718
Greece 57,500 172,500 345,000 0.5989 115,000 345,000 690,000 0.5989
Grenada 170,700 512,100 1,024,200 1.7781 341,400 1,024,200 2,048,400 1.7781
Guatemala 340,000 1,020,000 2,040,000 3.5416 680,000 2,040,000 4,080,000 3.5416
Guyana 8,812,500 26,437,500 52,875,000 91.7968 17,625,000 52,875,000 105,750,000 91.7968
Honduras 875,800 2,627,400 5,254,800 9.1229 1,751,600 5,254,800 10,509,600 9.1229
Hong Kong SAR 528,300 1,584,900 3,169,800 5.5031 2,113,200 6,339,600 12,679,200 11.0062
Hungary 12,265,800 36,797,400 73,594,800 127.7687 24,531,600 73,594,800 147,189,600 127.7687
India 934,400 2,803,200 5,606,400 9.7333 3,737,600 11,212,800 22,425,600 19.4666
Indonesia 276,280,500 828,841,500 1,657,683,000 2,877.9218 552,561,000 1,657,683,000 3,315,366,000 2877.9218
Ireland 79,900 239,700 479,400 0.8322 159,800 479,400 958,800 0.8322
Isle of Man 66,600 199,800 399,600 0.6937 133,200 399,600 799,200 0.6937
Israel 340,500 1,021,500 2,043,000 3.5468 681,000 2,043,000 4,086,000 3.5468
Italy 71,400 214,200 428,400 0.7437 142,800 428,400 856,800 0.7437
Jamaica West Indies 4,170,300 12,510,900 25,021,800 43.4406 8,340,600 25,021,800 50,043,600 43.4406

Page 11 Global – 12/10/2018


MDRT COT TOT Commission MDRT TOT Premium
Country Commission Commission Commission Conv Factor Premium COT Premium Premium Conv Factor
Japan 10,880,000 32,640,000 65,280,000 113.3333 32,640,000 97,920,000 195,840,000 170.0000
Jordan 23,200 69,600 139,200 0.2416 46,400 139,200 278,400 0.2416
Kazakhstan 5,097,900 15,293,700 30,587,400 53.1031 10,195,800 30,587,400 61,174,800 53.1031
Kenya 3,119,200 9,357,600 18,715,200 32.4916 6,238,400 18,715,200 37,430,400 32.4916
Kuwait 24,800 74,400 148,800 0.2583 49,600 148,800 297,600 0.2583
Latvia 34,300 102,900 205,800 0.3572 68,600 205,800 411,600 0.3572
Lebanon 112,330,600 336,991,800 673,983,600 1,170.1104 224,661,200 673,983,600 1,347,967,200 1170.1104
Lithuania 116,100 348,300 696,600 1.2093 232,200 696,600 1,393,200 1.2093
Luxembourg 85,600 256,800 513,600 0.8916 171,200 513,600 1,027,200 0.8916
Macau 386,900 1,160,700 2,321,400 4.0302 1,547,600 4,642,800 9,285,600 8.0604
Macedonia 1,760,100 5,280,300 10,560,600 18.3343 3,520,200 10,560,600 21,121,200 18.3343
Malaysia 145,400 436,200 872,400 1.5145 436,200 1,308,600 2,617,200 2.2718
Malta 25,300 75,900 151,800 0.2635 50,600 151,800 303,600 0.2635
Mauritius 1,464,600 4,393,800 8,787,600 15.2562 2,929,200 8,787,600 17,575,200 15.2562
Mexico 713,800 2,141,400 4,282,800 7.4354 1,427,600 4,282,800 8,565,600 7.4354
Montenegro 5,900 17,700 35,400 0.0614 11,800 35,400 70,800 0.0614
Montserrat 74,200 222,600 445,200 0.7729 148,400 445,200 890,400 0.7729
Mozambique 1,475,800 4,427,400 8,854,800 15.3729 2,951,600 8,854,800 17,709,600 15.3729
Myanmar 23,977,600 71,932,800 143,865,600 249.7666 47,955,200 143,865,600 287,731,200 249.7666
Namibia 431,400 1,294,200 2,588,400 4.4937 862,800 2,588,400 5,176,800 4.4937
Nepal 1,342,500 4,027,500 8,055,000 13.9843 4,027,500 12,082,500 24,165,000 20.9765
Netherlands 78,600 235,800 471,600 0.8187 157,200 471,600 943,200 0.8187
New Zealand 140,300 420,900 841,800 1.4614 280,600 841,800 1,683,600 1.4614
Nicaragua 948,800 2,846,400 5,692,800 9.8833 1,897,600 5,692,800 11,385,600 9.8833
Nigeria 5,660,300 16,980,900 33,961,800 58.9614 11,320,600 33,961,800 67,923,600 58.9614
Norway 838,700 2,516,100 5,032,200 8.7364 1,677,400 5,032,200 10,064,400 8.7364
Oman 16,600 49,800 99,600 0.1729 33,200 99,600 199,200 0.1729
P.R. China 201,900 605,700 1,211,400 2.1031 605,700 1,817,100 3,634,200 3.1546
Pakistan 1,676,700 5,030,100 10,060,200 17.4656 3,353,400 10,060,200 20,120,400 17.4656
Panama 49,600 148,800 297,600 0.5166 99,200 297,600 595,200 0.5166
Peru 138,100 414,300 828,600 1.4385 276,200 828,600 1,657,200 1.4385
Philippines 1,301,800 3,905,400 7,810,800 13.5604 2,603,600 7,810,800 15,621,600 13.5604
Poland 172,300 516,900 1,033,800 1.7947 344,600 1,033,800 2,067,600 1.7947
Portugal 58,100 174,300 348,600 0.6052 174,300 522,900 1,045,800 0.9078
Qatar 206,100 618,300 1,236,600 2.1468 412,200 1,236,600 2,473,200 2.1468
Republic of Korea 75,274,000 225,822,000 451,644,000 784.1041 188,185,000 564,555,000 1,129,110,000 980.1302
Romania 137,600 412,800 825,600 1.4333 275,200 825,600 1,651,200 1.4333
Russia 1,263,700 3,791,100 7,582,200 13.1635 3,159,302 9,477,905 18,955,810 16.4546
Saudi Arabia 240,400 721,200 1,442,400 2.5041 480,800 1,442,400 2,884,800 2.5041
Serbia 2,986,400 8,959,200 17,918,400 31.1083 5,972,800 17,918,400 35,836,800 31.1083
Singapore 115,800 347,400 694,800 1.2062 347,400 1,042,200 2,084,400 1.8093
Slovakia 50,800 152,400 304,800 0.5291 101,600 304,800 609,600 0.5291
Slovenia 64,400 193,200 386,400 0.6708 128,800 386,400 772,800 0.6708
South Africa 286,600 859,800 1,719,600 2.9854 573,200 1,719,600 3,439,200 2.9854
Spain 66,400 199,200 398,400 0.6916 132,800 398,400 796,800 0.6916
Sri Lanka 2,655,200 7,965,600 15,931,200 27.6583 5,310,400 15,931,200 31,862,400 27.6583
St Kitts and Nevis 165,400 496,200 992,400 1.7229 330,800 992,400 1,984,800 1.7229
St Lucia 171,000 513,000 1,026,000 1.7812 342,000 1,026,000 2,052,000 1.7812
St Maarten 72,400 217,200 434,400 0.7541 144,800 434,400 868,800 0.7541
St Vincent 158,500 475,500 951,000 1.6510 317,000 951,000 1,902,000 1.6510
Suriname 17,054,300 51,162,900 102,325,800 177.6489 34,108,600 102,325,800 204,651,600 177.6489
Sweden 877,700 2,633,100 5,266,200 9.1427 1,755,400 5,266,200 10,532,400 9.1427
Switzerland 123,500 370,500 741,000 1.2864 247,000 741,000 1,482,000 1.2864
Taiwan R.O.C. 1,739,900 5,219,700 10,439,400 18.1239 3,479,800 10,439,400 20,878,800 18.1239
Tanzania 60,106,300 180,318,900 360,637,800 626.1072 47,955,200 360,637,800 721,275,600 249.7666
Thailand 1,114,300 3,342,900 6,685,800 11.6072 2,228,600 6,685,800 13,371,600 11.6072
Tonga 127,800 383,400 766,800 1.3312 255,600 766,800 1,533,600 1.3312
Trinidad & Tobago 379,600 1,138,800 2,277,600 3.9541 759,200 2,277,600 4,555,200 3.9541
Turkey 77,800 233,400 466,800 0.8104 155,600 466,800 933,600 0.8104
Turks & Caicos 105,600 316,800 633,600 1.1000 211,200 633,600 1,267,200 1.1000
Uganda 100,105,600 300,316,800 600,633,600 1042.7666 200,211,200 600,633,600 1,201,267,200 1042.7666
UK 60,700 182,100 364,200 0.6322 121,400 364,200 728,400 0.6322
Ukraine 220,100 660,300 1,320,600 2.2927 440,200 1,320,600 2,641,200 2.2927
United Arab Emirates 282,700 848,100 1,696,200 2.9447 565,400 1,696,200 3,392,400 2.9447
United States 96,000 288,000 576,000 1.0000 192,000 576,000 1,152,000 1.0000
Uruguay 1,205,900 3,617,700 7,235,400 12.5614 2,411,800 7,235,400 14,470,800 12.5614
Venezuela 109,726,600 329,179,800 658,359,600 1,142.9854 219,453,200 658,359,600 1,316,719,200 1142.9854
Vietnam 339,234,600 1,017,703,800 2,035,407,600 3,533.6937 678,469,200 2,035,407,600 4,070,815,200 3533.6937
Zambia 224,700 674,100 1,348,200 2.3406 449,400 1,348,200 2,696,400 2.3406
Zimbabwe 1,374,700 4,124,100 8,248,200 14.3197 2,749,400 8,248,200 16,496,400 14.3197

Page 12 Global – 12/10/2018


INCOME PRODUCTION REQUIREMENTS FOR MEMBERSHIP
IN THE 2019 MILLION DOLLAR ROUND TABLE
Based on 2018 Production, Expressed in Local Currency
Production credit must be reported in U.S. dollars on certifying letters Production requirements are set independently for each country. Conversion (Conv) factors have
no relationship to currency exchange rates and are used only to standardize MDRT processing. (Local currency divided by the income conversion = U.S .MDRT
requirement) Qualification under this method is based on a requirement of USD 166,000 in annual gross income from insurance and financial products. A minimum of
USD 48,000 must be income from new business generated during the production year. Further, a minimum of USD 48,000 must be derived from income associated
with Risk-Protection Products. (For a complete list of country requirements, see the MDRT website at https://www.mdrt.org/membership/requirements/ .)

Country MDRT Income COT Income TOT Income Income Conv Factor
Angola 92,900 278,700 557,400 0.5596
Anguilla 184,200 552,600 1,105,200 1.1096
Antigua 277,800 833,400 1,666,800 1.6734
Argentina 384,400 1,153,200 2,306,400 2.3156
Armenia 28,546,400 85,639,200 171,278,400 171.9662
Aruba 209,300 627,900 1,255,800 1.2608
Australia 234,600 703,800 1,407,600 1.4132
Azerbaijan 42,000 126,000 252,000 0.2530
Bahamas 138,700 416,100 832,200 0.8355
Bahrain 39,800 119,400 238,800 0.2397
Bangladesh 3,703,800 11,111,400 22,222,800 22.3120
Barbados 216,900 650,700 1,301,400 1.3066
Belarus 242,302,800 726,908,400 1,453,816,800 1459.6554
Belgium 136,300 408,900 817,800 0.8210
Belize 164,700 494,100 988,200 0.9921
Bermuda 250,900 752,700 1,505,400 1.5114
Bolivia 415,900 1,247,700 2,495,400 2.5054
Bosnia-Herzegovina 116,600 349,800 699,600 0.7024
Botswana 439,900 1,319,700 2,639,400 2.6500
Brazil 314,300 942,900 1,885,800 1.8933
British Virgin Islands 166,100 498,300 996,600 1.0006
Brunei 103,500 310,500 621,000 0.6234
Bulgaria 105,500 316,500 633,000 0.6355
Cambodia 129,550,900 388,652,700 777,305,400 780.4271
Canada 201,000 603,000 1,206,000 1.2108
Cayman Islands 113,300 339,900 679,800 0.6825
Channel Islands 115,200 345,600 691,200 0.6939
Chile 55,055,500 165,166,500 330,333,000 331.6596
Colombia 145,761,700 437,285,100 874,570,200 878.0825
Costa Rica 46,384,800 139,154,400 278,308,800 279.4265
Croatia 595,500 1,786,500 3,573,000 3.5873
Curacao 125,300 375,900 751,800 0.7548
Cyprus 69,900 209,700 419,400 0.4210
Czech Republic 2,179,600 6,538,800 13,077,600 13.1301
Denmark 1,208,900 3,626,700 7,253,400 7.2825
Dominica 221,600 664,800 1,329,600 1.3349
Dominican Republic 2,222,700 6,668,100 13,336,200 13.3897
Ecuador 77,700 233,100 466,200 0.4680
Egypt 238,900 716,700 1,433,400 1.4391
El Salvador 80,300 240,900 481,800 0.4837
Estonia 87,000 261,000 522,000 0.5240
Fiji 131,500 394,500 789,000 0.7921
France 136,000 408,000 816,000 0.8192
Georgia 119,000 357,000 714,000 0.7168
Germany 130,100 390,300 780,600 0.7837
Ghana 104,500 313,500 627,000 0.6295
Gibraltar 95,000 285,000 570,000 0.5722
Greece 99,500 298,500 597,000 0.5993
Grenada 295,300 885,900 1,771,800 1.7789
Guatemala 588,200 1,764,600 3,529,200 3.5433
Guyana 15,245,600 45,736,800 91,473,600 91.8409
Honduras 1,515,100 4,545,300 9,090,600 9.1271
Hong Kong SAR 914,000 2,742,000 5,484,000 5.5060
Hungary 21,219,800 63,659,400 127,318,800 127.8301
India 1,616,500 4,849,500 9,699,000 9.7379
Indonesia 477,965,300 1,433,895,900 2,867,791,800 2879.3090
Ireland 138,200 414,600 829,200 0.8325
Isle of Man 115,200 345,600 691,200 0.6939
Israel 589,100 1,767,300 3,534,600 3.5487
Italy 123,500 370,500 741,000 0.7439
Jamaica West Indies 7,214,600 21,643,800 43,287,600 43.4614
Japan 18,822,400 56,467,200 112,934,400 113.3879

Page 13 Global – 12/10/2018


Country MDRT Income COT Income TOT Income Income Conv Factor
Jordan 40,100 120,300 240,600 0.2415
Kazakhstan 8,819,400 26,458,200 52,916,400 53.1289
Kenya 5,396,200 16,188,600 32,377,200 32.5072
Kuwait 42,900 128,700 257,400 0.2584
Latvia 59,300 177,900 355,800 0.3572
Lebanon 194,331,900 582,995,700 1,165,991,400 1170.6740
Lithuania 200,900 602,700 1,205,400 1.2102
Luxembourg 148,100 444,300 888,600 0.8921
Macau 669,300 2,007,900 4,015,800 4.0319
Macedonia 3,045,000 9,135,000 18,270,000 18.3433
Malaysia 251,500 754,500 1,509,000 1.5150
Malta 43,800 131,400 262,800 0.2638
Mauritius 2,533,800 7,601,400 15,202,800 15.2638
Mexico 1,234,900 3,704,700 7,409,400 7.4391
Montenegro 10,200 30,600 61,200 0.0614
Montserrat 128,400 385,200 770,400 0.7734
Mozambique 2,553,100 7,659,300 15,318,600 15.3801
Myanmar 41,461,300 124,383,900 248,767,800 249.7668
Namibia 746,300 2,238,900 4,477,800 4.4957
Nepal 2,322,500 6,967,500 13,935,000 13.9909
Netherlands 136,000 408,000 816,000 0.8192
New Zealand 242,700 728,100 1,456,200 1.4620
Nicaragua 1,641,400 4,924,200 9,848,400 9.8879
Nigeria 9,792,300 29,376,900 58,753,800 58.9897
Norway 1,451,000 4,353,000 8,706,000 8.7409
Oman 28,700 86,100 172,200 0.1728
P.R. China 349,300 1,047,900 2,095,800 2.1042
Pakistan 2,900,700 8,702,100 17,404,200 17.4740
Panama 85,800 257,400 514,800 0.5168
Peru 238,900 716,700 1,433,400 1.4391
Philippines 2,252,100 6,756,300 13,512,600 13.5668
Poland 298,100 894,300 1,788,600 1.7957
Portugal 100,500 301,500 603,000 0.6054
Qatar 356,600 1,069,800 2,139,600 2.1481
Republic of Korea 130,224,000 390,672,000 781,344,000 784.4819
Romania 238,000 714,000 1,428,000 1.4337
Russia 2,186,200 6,558,600 13,117,200 13.1698
Saudi Arabia 415,900 1,247,700 2,495,400 2.5054
Serbia 5,166,500 15,499,500 30,999,000 31.1234
Singapore 200,300 600,900 1,201,800 1.2066
Slovakia 87,900 263,700 527,400 0.5295
Slovenia 111,400 334,200 668,400 0.6710
South Africa 495,800 1,487,400 2,974,800 2.9867
Spain 114,900 344,700 689,400 0.6921
Sri Lanka 4,593,500 13,780,500 27,561,000 27.6716
St Kitts and Nevis 286,100 858,300 1,716,600 1.7234
St Lucia 295,800 887,400 1,774,800 1.7819
St Maarten 125,300 375,900 751,800 0.7548
St Vincent 274,200 822,600 1,645,200 1.6518
Suriname 29,503,900 88,511,700 177,023,400 177.7343
Sweden 1,518,400 4,555,200 9,110,400 9.1469
Switzerland 213,700 641,100 1,282,200 1.2873
Taiwan R.O.C. 3,010,000 9,030,000 18,060,000 18.1325
Tanzania 103,933,800 311,801,400 623,602,800 626.1072
Thailand 1,927,700 5,783,100 11,566,200 11.6126
Tonga 221,100 663,300 1,326,600 1.3319
Trinidad & Tobago 656,700 1,970,100 3,940,200 3.9560
Turkey 134,600 403,800 807,600 0.8108
Turks & Caicos 182,700 548,100 1,096,200 1.1006
Uganda 173,099,200 519,297,600 1,038,595,200 1042.7662
UK 105,000 315,000 630,000 0.6325
Ukraine 380,800 1,142,400 2,284,800 2.2939
United Arab Emirates 489,100 1,467,300 2,934,600 2.9463
United States 166,000 498,000 996,000 1.0000
Uruguay 2,086,200 6,258,600 12,517,200 12.5674
Venezuela 189,827,000 569,481,000 1,138,962,000 1143.5361
Vietnam 586,875,900 1,760,627,700 3,521,255,400 3535.3969
Zambia 388,700 1,166,100 2,332,200 2.3415
Zimbabwe 2,378,200 7,134,600 14,269,200 14.3265

Page 14 Global – 12/10/2018

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