Results 21 to 30 of about 2,286 (186)
Time Restrictions on Life Annuity Benefits: Portfolio Risk Profiles
Risks, 2022 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
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
Managing Systematic Mortality Risk in Life Annuities: An Application of Longevity Derivatives
Risks, 2019 This paper assesses the hedge effectiveness of an index-based longevity swap and a longevity cap for a life annuity portfolio. Although longevity swaps are a natural instrument for hedging longevity risk, derivatives with non-linear pay-offs, such as ...
Man Chung Fung +2 more
doaj +1 more source
Valuation of Large Variable Annuity Portfolios Using Linear Models with Interactions
Risks, 2018 A variable annuity is a popular life insurance product that comes with financial guarantees. Using Monte Carlo simulation to value a large variable annuity portfolio is extremely time-consuming.
Guojun Gan
doaj +1 more source
The ANNALS of the American Academy of Political and Social Science, 1917 n ...
openaire +2 more sources
Jurnal Ilmu Keuangan dan Perbankan, 2023 This study aims to calculate Indonesian pension funds using the Group Self Anuitization method and Makeham's death law. The calculation of the GSA method is almost the same as the calculation of an annuity for life, so the price determination procedure ...
Andini Setyo Anggraeni* +3 more
doaj +1 more source
Modelling the profitability of reverse mortgage loans with life-long annuity payments [PDF]
E3S Web of Conferences, 2020 The article deals with the economic mechanism of reverse mortgage as a loan product aimed at raising the welfare of senior citizens who own real estate, for organic farming and soil management.
Kuzmina Elena, Ianin Andrei
doaj +1 more source
Hereditary position of a spouse in Serbian legislation [PDF]
Zbornik Radova Pravnog Fakulteta u Nišu, 2014 Under the Serbian Inheritance Act (1995), the surviving spouse is an heir of the first and the second line of succession. The specific hereditary position of a surviving spouse in the first line of succession may be influenced by a fact that he/she is ...
Vučković Milica
doaj +1 more source
Stochastic Life Annuities [PDF]
North American Actuarial Journal, 2007 Abstract This paper gives analytic approximations for the distribution of a stochastic life annuity. It is assumed that returns follow a geometric Brownian motion. The distribution of the stochastic annuity may be used to answer questions such as “What is the probability that an amount F is sufficient to fund a pension with annual amount y to a ...
openaire +2 more sources
Joint Life Annuities and Annuity Demand by Married Couples [PDF]
The Journal of Risk and Insurance, 2000 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
openaire +1 more source