Investment guarantees in unit-linked life insurance from the customer perspective
نویسندگان
چکیده
منابع مشابه
Investment Guarantees in the South African Life Insurance Industry
This paper explores the risks faced by South African life insurance companies arising from the provision of investment guarantees in products sold. The current thinking and practice of the larger South African life insurance companies regarding investment guarantees is set out following their responses to a survey. The paper examines the forms of investment guarantee available and the business ...
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انتخاب نامساعد یکی از مشکلات اساسی در صنعت بیمه است. که ابتدا در سال 1960، توسط روتشیلد واستیگلیتز مورد بحث ومطالعه قرار گرفت ازآن موقع تاکنون بسیاری از پژوهشگران مدل های مختلفی را برای تجزیه و تحلیل تقاضا برای صنعت بیمه عمر که تماما ناشی از عدم قطعیت در این صنعت میباشد انجام داده اند .وهدف از آن پیدا کردن شرایطی است که تحت آن شرایط انتخاب یا کنار گذاشتن یک بیمه گزار به نفع و یا زیان شرکت بیمه ...
15 صفحه اولThe effect of policyholders' rationality on unit-linked life insurance contracts with surrender guarantees
We study the valuation of unit-linked life insurance contracts with surrender guarantees. Instead of solving an optimal stopping problem, we propose a more realistic approach accounting for policyholders’ rationality in exercising their surrender option. The valuation is conducted at the portfolio level by assuming the surrender intensity to be bounded from below and from above. The lower bound...
متن کامل“the effect of risk aversion on the demand for life insurance: the case of iranian life insurance market”
abstract: about 60% of total premium of insurance industry is pertained?to life policies in the world; while the life insurance total premium in iran is less than 6% of total premium in insurance industry in 2008 (sigma, no 3/2009). among the reasons that discourage the life insurance industry is the problem of adverse selection. adverse selection theory describes a situation where the inf...
15 صفحه اولActuarial Pricing for Minimum Death Guarantees in Unit-Linked Life Insurance: A Multi-Period Capital Allocation Problem
We analyze an actuarial approach for the pricing and reserving of minimum death guarantees in unit-linked life insurance. After summarizing some results on mono-period risk measurement, we explain two possible strategies to deal with multi-period capital allocation problems. The first one uses no future information whereas the second one does. We explain how a cash-flow model can be used to per...
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ژورنال
عنوان ژورنال: Zeitschrift für die gesamte Versicherungswissenschaft
سال: 2010
ISSN: 0044-2585,1865-9748
DOI: 10.1007/s12297-010-0126-y