A New Method to Evaluate Equity-Linked Life Insurance

Risk Management of Policyholder Behavior in Equity-Linked Life Insurance

The financial guarantees embedded in variable annuity (VA) contracts expose insurers to a wide range of risks, lapse risk being one of them. When policyholders’ lapse behavior differs from the assumptions used to hedge VA contracts, the effectiveness of dynamic hedging strategies can be significantly impaired. By studying how the fee structure and surrender charges affect surrender incentives, ...

a new algorithm and software of individual life insurance and annuity computation

چکیده ندارد.

Quantile hedging for equity-linked life insurance contracts in a stochastic interest rate economy

Quantile hedging on equity-linked life insurance contracts with transaction costs

This paper analyzes the application of quantile hedging on equity-linked life insurance contracts in the presence of transaction costs. Following the time-based replication strategy, we present the explicit expressions for the present values of expected hedging errors and transaction costs. The results are derived by using the adjusted hedging volatility σ̄ proposed by Leland. Furthermore, the e...

A New Method to Evaluate Fasting Plasma Glucose by Salivary Glucose Measurement

Objective:Fasting plasma glucose (FPG) analysis is the most importantmethod for detection and diagnosis of diabetes mellitus. Due to difficulty and problems of this method for determination of glycemia in diabetic patients, recently the use of Fasting Salivary Glucoseas a simple and non-invasive method to evaluate FPGhas came into significant considerationof specialists. The aim of this study w...