Results 171 to 180 of about 26,485 (214)

The Performance of Variable Annuities [PDF]

Journal of Insurance Issues, 1991
Variable annuities have become increasingly important in retirement plans. This paper provides an examination of the investment performance of variable annuities for the period year-end 1973 to year-end 1988. Returns, risk, and selectivity measures are analyzed for the sample of annuities, for individual variable annuities, and for subsamples of ...
Michael J. McNamara, Henry R. Oppenheimer   +1 more
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Variable Annuities: Market Incompleteness and Policyholder Behavior

SSRN Electronic Journal, 2021
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Basis Risk in Variable Annuities

2023
This dissertation provides a comprehensive and practical analysis of basis risk in the U.S. variable annuity market and examines effective fund mapping strategies to mitigate the level of basis risk while controlling for the associated transaction costs.
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Media for Funding Variable Annuities

The Journal of Risk and Insurance, 1968
This paper considers first the media available to fund a variable annuity for an individual, and then the additional media available to fund variable annuities for groups under pension plans, profit sharing plans and tax-sheltered annuity programs. Finally it studies some of the considerations in selecting a particular funding medium. The study focuses
George E. Johnson, Donald S. Grubbs
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Lapse‐and‐Reentry in Variable Annuities

Journal of Risk and Insurance, 2016
AbstractSection 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
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"Valuing Variable Annuities" (in Japanese) [PDF]

, 2003
In this paper we propose a framework to evaluate variable annuities. We show that the invested capital to a variable annuity can be decomposed into: (i) the reserve money in the account, (ii) options, (iii) fees paid to the mutual fund companies, and (iv) margin accruing to the insurance company.
Takao Kobayashi, Ryoichi Ikeda, Yoichiro Hasegawa   +2 more
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Interplay of Risks in Variable Annuity

A guaranteed variable annuity provides a guaranteed benefit to the investor, no matter what the performance of the investment account is. Although the pricing formula and hedging strategy of the guaranteed variable annuity are well-studied in the literature, the intrinsic risk transfer and diversification mechanisms between policyholder and insurer had
GuoZhen LI, ShaoTang WANG
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Variable annuity pricing, valuation, and risk management: a survey

Scandinavian Actuarial Journal, 2022
Runhuan Feng, Guojun Gan
exaly  

VARIABLE ANNUITIES*

The Journal of Finance, 1956
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Why do we postpone annuity purchases?

Journal of Mathematical Economics, 2021
Hippolyte D’Albis, Andrei Kalk
exaly