Results 111 to 120 of about 678 (171)

Variable Annuities

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

Optimal fee structure of variable annuities

Insurance: Mathematics and Economics, 2021
zbMATH 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, 2021
A 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
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Variable Annuities

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

Lapse-and-Reentry in Variable Annuities

SSRN Electronic Journal, 2014
Section 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

The Variable Annuity

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

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