M Bär, N Gatzert - North American Actuarial Journal, 2023 - Taylor & Francis
The question how individuals should (optimally) annuitize their wealth remains of high relevance in light of longevity risk and volatile capital markets. In this article, we first present …
AM Batkovsky, EG Semenova… - Indian Journal of …, 2016 - researchgate.net
1Joint Stock Company, Central Research Institute of Economy, Management and Information Systems, Electronics, Moscow, Russia; batkovskiy_a@ instel. ru, fomina_a …
J Eckert, N Gatzert, M Martin - Insurance: Mathematics and Economics, 2016 - Elsevier
In participating life insurance, management decisions regarding the asset composition can substantially impact the value of a policy from the policyholders' perspective as well as the …
Life insurers, whose contractual liabilities include providing minimum guaranteed interest rates to policyholders, are significantly affected by persistently low interest rates. Hence, this …
M Hanika - European Actuarial Journal, 2024 - Springer
COVID-19 has affected mortality rates and financial markets worldwide. Against this background, we perform a COVID-19 stress test for life insurance, considering a joint …
AM Batkovskiy, YN Makarov… - … Journal of Social …, 2015 - researchgate.net
This article describes theoretical fundamentals and the most rational approaches to establishment of the economic protection system for business entities in the Russian space …
A Chen, P Hieber - ASTIN Bulletin: The Journal of the IAA, 2016 - cambridge.org
In a typical equity-linked life insurance contract, the insurance company is entitled to a share of return surpluses as compensation for the return guarantee granted to the policyholders …
S Bruszas, B Kaschützke, R Maurer… - Insurance: Mathematics …, 2018 - Elsevier
This paper explores how the requirement of gender-neutral premium calculation and the new rules of surplus participation for participating life annuities (PLA) affect insurance …