Results 11 to 20 of about 2,286 (186)
Value of life and annuity demand [PDF]
Journal of Risk and Insurance, 2020 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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EDIS, 2014 An annuity contract is purchased from a life insurance company. The individual gives the insurance company a lump-sum payment or a series of payments. In return, the company will provide a stream of payments to the individual.
Michael S. Gutter, Lisa Leslie
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Risky investments and survival probability in the insurance model with two-sided jumps: Problems for integrodifferential equations and ordinary differential equation and their equivalence [PDF]
Известия Саратовского университета. Новая серия: Математика. Механика. Информатика, 2023 We consider a model of an insurance portfolio that includes both non-life and life annuity insurance while assuming that the surplus (or some of its fraction) is invested in risky assets with the price dynamics given by a geometric Brownian motion.
Belkina, Tatiana Andreevna +1 more
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Modelling Marital Reverse Annuity Contract in a Stochastic Economic Environment [PDF]
Statistika: Statistics and Economy Journal, 2022 In the paper, we present the methodology of calculating the benefit of a marriage reverse annuity using the multiple state model for marriage life insurance.
Joanna Dębicka +2 more
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Longevity-Indexed Life Annuities [PDF]
North American Actuarial Journal, 2011 This paper addresses the problem of the sharing of longevity risk between an annuity provider and a group of annuitants. An appropriate longevity index is designed in order to adapt the amount of the periodic payments in life annuity contracts. This accounts for unexpected longevity improvements experienced by a given reference population. The approach
Denuit, Michel +2 more
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Integrating Individual Placement Support in Early Psychosis Programs: A Necessary Step to Foster Return to Employment in First Episode Psychosis Patients. [PDF]
Early Interv PsychiatryABSTRACT Introduction Return to studies or employment, a major element of recovery after a first episode of psychosis (FEP), is out of reach of a significant proportion of patients. Specific programs such as Individual Placement Support (IPS) have been proposed to overcome this hurdle.
Renda M +7 more
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Journal of Public Economic Theory, 2007 AbstractAnnuity contracts typically deliver a stream of income at a predetermined level in order to insure against the risk of longevity. This paper explores whether flexible annuities, which give subscribers the possibility to choose between different levels of annuity, are welfare enhancing.
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Immunization and Hedging of Post Retirement Income Annuity Products
Risks, 2017 Designing post retirement benefits requires access to appropriate investment instruments to manage the interest rate and longevity risks. Post retirement benefits are increasingly taken as a form of income benefit, either as a pension or an annuity ...
Changyu Liu, Michael Sherris
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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
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Annuity as a form of compensation for future loss caused by torts [PDF]
Zbornik Radova: Pravni Fakultet u Novom Sadu, 2013 This paper analyzes annuity, as a periodical obligation, which can emanate either from a contract, as in the case of maintainance or life annuity contract, or from tort. In the latter case, it has the function to provide compensation for future loss, but
Salma Jožef
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