Results 21 to 30 of about 46,253 (234)
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
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
SOLVENCY MEASUREMENT OF LIFE ANNUITY PRODUCTS
International Journal of Theoretical and Applied Finance, 2022 In this paper, we measure the market and the longevity risks borne by an insurer by computing their solvency capital for a given annuity and within an investment strategy. For this purpose, we propose the investment strategy in such a way as to mitigate the solvency capital of the insurer and improve the internal rate of return of a shareholder ...
PAULINE NGUGNIE DIFFOUO, PIERRE DEVOLDER
openaire +2 more sources
Longevity Risk and Annuitisation Decisions in the Absence of Special-Rate Life Annuities
RisksLongevity 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
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
Trading death: the implications of annuity replication for the annuity puzzle, arbitrage, speculation and portfolios [PDF]
, 2015 Annuities are perceived as being illiquid financial instruments, and this has limited their attractiveness to consumers and their inclusion in financial models.
Sutcliffe, Charles
core +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
Journal of Economic and Financial Sciences, 2023 Orientation: As a standard practice, retirement capital is converted into either an immediate life annuity (annuitisation), affording significant protection against longevity risk or a living annuity (self-annuitisation), exposing capital to volatile ...
Jeannie de Villiers-Strijdom, Niel Krige
doaj +1 more source
The Impact of Health Impairment on Optimal Annuitization for Retirees
Risks, 2022 Post retirement, annuities provide a steady stream of income for retirees. However, the annuitization rate is relatively small in the insurance market in many countries around the world.
Nurin Haniah Asmuni +2 more
doaj +1 more source
Superannuation Reimagined: Moving Beyond the Origins to an Indigenous Focus
Australian Journal of Social Issues, EarlyView.ABSTRACT Retirement income systems, such as superannuation, are meant to be non‐discriminatory and consider disadvantage faced by members of society. There are significant differences between the life expectancies of Indigenous and non‐Indigenous peoples. The gap in life expectancies is not considered when determining when Indigenous peoples can retire.
Levon Ellen Blue +2 more
wiley +1 more source