Business & Economics Books:

Implicit Embedded Options in Life Insurance Contracts

A Market Consistent Valuation Framework
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$287.00
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Description

This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives: What value do the embedded options and guarantees considered have? This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectively

Author Biography:

This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives: What value do the embedded options and guarantees considered have? This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectively
Release date NZ
May 9th, 2014
Audience
  • Professional & Vocational
Illustrations
XXVI, 170 p.
Pages
170
Dimensions
155x235x11
ISBN-13
9783790829433
Product ID
22452792

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