Results 151 to 160 of about 19,565 (208)
Some of the next articles are maybe not open access.
British Actuarial Journal, 2008
ABSTRACTThis paper provides a detailed overview of variable annuities. Consideration is given first to the definition of the term variable annuity. Common terminology used in the variable annuity market is introduced. The current state of the United Kingdom and other international markets is described.
M. C. Ledlie +5 more
openaire +2 more sources
ABSTRACTThis paper provides a detailed overview of variable annuities. Consideration is given first to the definition of the term variable annuity. Common terminology used in the variable annuity market is introduced. The current state of the United Kingdom and other international markets is described.
M. C. Ledlie +5 more
openaire +2 more sources
Optimal fee structure of variable annuities
Insurance: Mathematics and Economics, 2021zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Gu Wang, Bin Zou
openaire +2 more sources
Pricing variable annuity with surrender guarantee
Journal of Computational and Applied Mathematics, 2021A variable annuity with guaranteed sum \(G_t = G e^{g t}\) at time \(t\) is invested in a fund modelled as a Black-Scholes market \[d S_t = r S_t \; d t + \sigma S_t \;d W_t\;,\] where all processes are considered under the pricing measure. A fixed part of the wealth is taken for the management of the fund, so that the fund follows \[d F_t = (r-c) F_t \
Junkee Jeon, Minsuk Kwak
openaire +2 more sources
Journal of the Staple Inn Actuarial Society, 1957
The object of this paper is to provide a basis for a discussion on the advisability or otherwise of life offices issuing ‘variable annuities’ in this country on a commercial basis.As this is a relatively new subject it is, perhaps, as well to define our terms at the outset.
R. H. Blunt, L. H. Lane
openaire +1 more source
The object of this paper is to provide a basis for a discussion on the advisability or otherwise of life offices issuing ‘variable annuities’ in this country on a commercial basis.As this is a relatively new subject it is, perhaps, as well to define our terms at the outset.
R. H. Blunt, L. H. Lane
openaire +1 more source
Lapse-and-Reentry in Variable Annuities
SSRN Electronic Journal, 2014Section 1035 of the current U.S. tax code allows policyholders to exchange their variable annuity policy for a similar product while maintaining tax-deferred status. When the variable annuity contains a long-term guarantee, this "lapse-and-reentry" strategy allows the policyholder to potentially increase the value of the embedded guarantee.
Thorsten Moenig, Nan Zhu
openaire +1 more source
2023
A variable annuity, as distinguished from a fixed annuity, provides monthly payments based on the value of units which fluctuate to reflect the investment results of the equity securities used to fund the annuity. The annuitant bears the entire investment risk under a variable annuity since there are no guarantees of investment return.
openaire +1 more source
A variable annuity, as distinguished from a fixed annuity, provides monthly payments based on the value of units which fluctuate to reflect the investment results of the equity securities used to fund the annuity. The annuitant bears the entire investment risk under a variable annuity since there are no guarantees of investment return.
openaire +1 more source
TAX ASPECTS OF THE VARIABLE ANNUITY
National Tax Journal, 1960SINCE WORLD WAR II the possibility of continual creeping inflation is perturbing ever larger numbers of people. The problems atising are nowhere greater than in the area of retirement planning. Because long-term dollar stability is being seriously questioned, because tommon-stock values-in terms of purchasing power-appear to be more stable over the ...
openaire +1 more source
Semi-static hedging of variable annuities
Insurance: Mathematics and Economics, 2016zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Carole Bernard, Minsuk Kwak
openaire +2 more sources
Variable annuities: A unifying valuation approach
Insurance: Mathematics and Economics, 2011Life annuities and pension products usually involve a number of guarantees, such as minimum accumulation rates, minimum annual payments or a minimum total payout. Packaging different types of guarantees is the feature of so-called variable annuities. Basically, these products are unit-linked investment policies providing a post-retirement income.
BACINELLO, ANNA RITA +3 more
openaire +3 more sources
THE VARIABLE ANNUITY: SECURITY OR INSURANCE
The Journal of Finance, 1958BY WHAT AGENCY shall companies writing variable annuities be regulated, to what agency shall they be required to report, or may they not be subject to the jurisdiction of two agencies, one state and one federal? This is how U.S. District Judge Robert M. Wilkin summed up the issue in Securities and Exchange Commission v.
openaire +1 more source