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Impact Of Annuity on The Economic Development of Nigeria
An annuity is a way of transferring longevity risk from an individual to an insurance company, which can pool risk among many individuals and achieve greater diversification of risk than can be accomplished by any individual.
Alli Noah Gbenga, Afolabi Mutiu Adeniyi
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Assessing Investment and Longevity Risks within Immediate Annuities [PDF]
Life annuities provide a guaranteed income for the remainder of the recipient’s lifetime, and therefore, annuitization presents an important option when choosing an adequate investment strategy for the retirement ages.
Weber, Frederik, Bauer, Daniel
core +2 more sources
AbstractIndividuals can insure themselves perfectly against uncertainty about the length of life by purchasing deferred annuities early in life. In the absence of other uninsurable uncertainties (e.g., income), there will be no residual purchases or sales of annuities later in life, thereby avoiding any adverse‐selection.
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Renty z tytułu szkód na osobie – tendencje i wyzwania w ubezpieczeniach odpowiedzialności cywilnej
An analysis of the trends on the developed markets in the area of liability insurance leads to the conclusion that the main factors causing an increase in the value of benefits paid include: lost income and long-term care costs.
Ilona Kwiecień, Anna Jędrzychowska
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A COMMENT ON VARIABLE ANNUITIES [PDF]
VARIABLE ANNUITIES are the subject of considerable discussion by individuals who identify themselves with life insurance companies and security dealers. The paper by Mr. Albert Linton published in the May, 1956, issue of the Journal of Finance is a case in point. This comment does not attempt to marshall arguments for or against variable annuities, but
Robert M. Soldofsky, Walter W. McMahon
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['Models of loan amortization under annual variable annuities']
This paper presents models of annuity which either increase or decrease a fxed factor q and which are paid m times in year. The payments (annuity) increase (decrease) in such a way that • a) each payment in the year is equal but each payment in the ...
Миливој Крчмар
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Incorporation of Stochastic Policyholder Behavior in Analytical Pricing of GMABs and GMDBs
Variable annuities represent certain unit-linked life insurance products offering different types of protection commonly referred to as guaranteed minimum benefits (GMXBs).
Marcos Escobar +4 more
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Defossilisation of the Energy Supply of a Chemical Site by Integration of a Carnot Battery
This study presents the results of a techno‐economic analysis of CO2‐free energy supply concepts for electricity and heat for the defossilisation of a chemical park in Germany for the model years 2030 and 2045. The focus is on the integration of a Carnot battery with thermal energy storage, which enables the flexible use of green fuels and renewable ...
Martin Bolten +6 more
wiley +1 more source
This paper provides an overview of the various financial resources that existed in medieval Tirol to meet financial needs, using notary registers and court records from the 14th century as sources.
Nicolussi-Köhler Stephan
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The Impact of Economic Growth on Insurance (Growth)
ABSTRACT This paper investigates the impact of economic growth on insurance (growth), focusing on the outflow side of the insurance activity, as captured by benefits (including commissions and expenses). The findings provide evidence that economic growth does exert a positive, statistically significant impact on the benefit side of insurance (growth ...
Nicholas Apergis +2 more
wiley +1 more source

