Results 1 to 10 of about 3,060 (229)
Optimum taxation of life annuities [PDF]
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Johann K. Brunner, Susanne Pech
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What matters in the annuitization decision? [PDF]
We perform a simultaneous test for several rational and behavioral factors known to affect the uptake of life annuities in a sample of Americans. We also investigate whether analysts’ short-term stock market expectations affect the decision to annuitize ...
Mohamad Hassan Abou Daya, Carole Bernard
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Special-Rate Life Annuities: Analysis of Portfolio Risk Profiles
Special-rate life annuities are life annuity products whose single premium is based on a mortality assumption driven (at least to some extent) by the health status of the applicant.
Ermanno Pitacco, Daniela Y. Tabakova
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Joint Life Annuities and Annuity Demand by Married Couples [PDF]
ABSTRACT This article summarizes the range of joint-life annuity products that are currently available to married couples, and it explores the potential utility gain that such couples receive from access to actuarially fair annuity markets. It is more difficult to estimate this utility gain for couples than for individuals because a couple's value of ...
Jeffrey R. Brown, James M. Poterba
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Longevity Risk and Annuitisation Decisions in the Absence of Special-Rate Life Annuities
Longevity risk affecting older adults can be transferred to the insurance market by purchasing a lifetime annuity. Special-rate life annuities, which are priced, among other factors, on the basis of health and lifestyle factors, go beyond traditional ...
Jorge de Andrés-Sánchez +1 more
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Accelerating the premiums for annuities, life annuities and life insurance
Since it is well-known that it is inevitable to avoid the risks and changes in personal earnings, the types of annuities, life annuities, life insurance and their payment types are important for in...
Alpman B., Ünal D.
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Demand for Life Annuities: a Brazilian Perspective [PDF]
Because pension plans have been marketed using outdated technical premises, Brazilian insurance companies find themselves required to identify additional resources to ensure their ability to meet future benefit payments obligations. When calculating the
Thalita Amorim Vaz +2 more
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Closed-form expressions to Gompertz-Makeham life expectancies: a historical note [PDF]
Results well known in the actuarial community about closed-form expressions to Gompertz and Gompertz-Makeham life expectancies for a person aged x are still being independently rediscovered to this day.
Filipe Costa de Souza
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Value of life and annuity demand [PDF]
AbstractHow does the value of life affect annuity demand? To address this question, we construct a portfolio choice problem with three key features: (i) agents have access to life‐contingent assets, (ii) they always prefer living to dying, (iii) agents have nonexpected utility preferences.
Svetlana Pashchenko, Ponpoje Porapakkarm
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Time Restrictions on Life Annuity Benefits: Portfolio Risk Profiles
Due to the increasing interest in several markets in life annuity products with a guaranteed periodic benefit, the back-side effects of some features that may prove to be critical either for the provider or the customer should be better understood.
Annamaria Olivieri, Ermanno Pitacco
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