Results 11 to 20 of about 6,587,536 (188)
Can “compulsory” annuities provide a fair pension? [PDF]
, 2006 This discussion paper finds that since 2002 compulsory annuities no longer provide an actuarially fair pension. Hence annuities are a poor investment giving returns of less than 85% in present value terms.
FitzGerald, EMN
core +6 more sources
Spouses’ Dependence across Generations and Pricing Impact on Reversionary Annuities
Risks, 2016 This paper studies the dependence between coupled lives, i.e., the spouses’ dependence, across different generations, and its effects on prices of reversionary annuities in the presence of longevity risk.
Elisa Luciano, Jaap Spreeuw, Elena Vigna
doaj +1 more source
Unit-Linked Tontine: Utility-Based Design, Pricing and Performance
Risks, 2022 Due to the low demand for conventional annuities, alternative retirement products are sought. Quite recently, tontines have been frequently brought up as a promising option in this respect.
An Chen, Thai Nguyen, Thorsten Sehner
doaj +1 more source
A linear algebraic method for pricing temporary life annuities and insurance policies [PDF]
, 2010 We recast the valuation of annuities and life insurance contracts under mortality and interest rates, both of which are stochastic, as a problem of solving a system of linear equations with random perturbations.
Mamon, R, Date, P, Wang, IC, Jalen, L
core +1 more source
A Managed Volatility Investment Strategy for Pooled Annuity Products
Risks, 2022 Pooled annuity products, where the participants share systematic and idiosyncratic mortality risks as well as investment returns and risk, provide an attractive and effective alternative to traditional guaranteed life annuity products.
Shuanglan Li +3 more
doaj +1 more source
Comparing South African annuity options at retirement
Journal of Economic and Financial Sciences, 2014 In this study various annuity strategies are compared for South African males who retired during the 30 years from 1960 to 1989. To this end, the present values of the monthly cash flows provided by 47 different annuity strategies are calculated and ...
Jeanie De Villiers-Strydom, Niel Krige
doaj +1 more source
Assessing Investment and Longevity Risks within Immediate Annuities [PDF]
, 2007 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 +1 more source
Incorporation of Stochastic Policyholder Behavior in Analytical Pricing of GMABs and GMDBs
Risks, 2016 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
doaj +1 more source
Actuarial values calculated using the incomplete Gamma function
Statistica, 2013 The complete expectation-of-life for a person and the actuarial present value of continuous life annuities are defined by integrals. In all of them at least one of the factors is a survival function value ratio. If de Moivre’s law of mortality is chosen,
Giovanni Mingari Scarpello +2 more
doaj +1 more source
Demand for Life Annuities: a Brazilian Perspective [PDF]
BAR: Brazilian Administration Review, 2012 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
doaj