Surprises in a Growing Market Niche - An Evaluation of the German Private Annuities Market [PDF]
High replacement rates from public old age insurance might lead to the belief that little room is left for private sector annuities in Germany. Taking a closer look, we find a small market with a surprisingly large variety of products.
von Gaudecker, Hans-Martin +1 more
core
Redefining the role of the transfusion medicine physician in the era of advanced cellular therapies
Transfusion, EarlyView.
Eric A. Gehrie, Kevin J. Land
wiley +1 more source
Annuity markets and benefit design in multi-pillar pension schemes : experience and lessons from four Latin American countries [PDF]
A growing number of countries have introduced mandatory defined contribution schemes. As these schemes mature, their success will increasingly depend on how well they translate accumulated funds into a stream of retirement income. Successful reforms will
Palacios, Robert, Rofman, Rafael
core
Annuity markets in Chile : competition, regulation - and myopia ? [PDF]
The author studies annuity rates in Chile and relates them with industry competition. He finds (1) that annuity insurance companies paying higher broker commissions paid lower annuity rates; and (2) a structural break of the long-run elasticity of ...
Walker, Eduardo
core
On annuities: an overview of the issues [PDF]
Longevity is increasing in the whole world, and savings for retirement are growing quickly. There is a potential demand for certainty in the income streams for pensioners since old-fashioned pay-as-you-go systems became financially stressed.
Ferro, Gustavo
core +1 more source
Pricing participating longevity-linked life annuities: a Bayesian Model Ensemble approach. [PDF]
Eur Actuar J, 2022 Bravo JM.
europepmc +1 more source
Designing the payout phase of funded pension pillars in central and eastern European countries [PDF]
Over the past decade or so, most Central and Eastern European countries have reformed their pension systems, significantly downsizing their public pillars and creating private pillars based on capitalization accounts.
Pollner, John +2 more
core
Asset Allocation and Location over the Life Cycle with Survival-Contingent Payouts [PDF]
This paper shows how lifelong survival-contingent payouts can enhance investor wellbeing in the context of a portfolio choice model which integrates uninsurable labor income and asymmetric mortality expectations.
Michael Z. Stamos +3 more
core
Optimizing the Retirement Portfolio: Asset Allocation, Annuitization, and Risk Aversion [PDF]
Retirees must draw down their accumulated assets in an orderly fashion so as not to exhaust their funds too soon. We derive the optimal retirement portfolio from a menu that includes payout annuities as well as an investment allocation and a withdrawal ...
Ivica Dus +3 more
core
Local religious beliefs and insurance companies' risk-taking behaviour. [PDF]
Geneva Pap Risk Insur Issues Pract, 2022 Berry-Stölzle TR, Xu J.
europepmc +1 more source